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MORNING VIEW: Metals prices consolidate near recent highs, waiting for fresh news
With no let-up in the number of coronavirus (2019-nCov) infections in China, the market is this morning, Friday February 14, waiting for signs that the virus is being contained.
February 14, 2020
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By Generic people page
Insights
LIVE FUTURES REPORT 11/02: SHFE base metals strengthen amid fresh PBOC cash injection
Base metals prices on the Shanghai Futures Exchange, with the exception of that for zinc, rose during the morning trading session on Tuesday February 11 after China’s central bank pumped in 900 billion yuan ($129 billion) into the country’s financial system a day earlier.
February 11, 2020
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By Generic people page
Insights
Glencore, Samsung SDI sign 5-year, 21kt cobalt supply deal
Swiss miner-trader Glencore has signed a five-year deal - from 2020 until 2024 - to supply South Korean battery manufacturer Samsung SDI with 21,000 tonnes of cobalt contained in hydroxide, Glencore said on February 10.
February 10, 2020
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By Generic people page
Insights
MORNING VIEW: LME metals rebound after Friday’s correction, but prices weaker in Shanghai
The broader markets were mixed on the morning of Monday February 10, with equities in Asia generally weaker, as were metals on the Shanghai Futures Exchange, while the London Metal Exchange was firmer across the board.
February 10, 2020
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By Generic people page
Insights
MORNING VIEW: Metals prices rise in broad-based recovery fueled by better-than-expected economic data
The broad-based rally across markets continues with investors focusing more on the improving economic data than they are on the uncertain economic impact of the Wuhan coronavirus (2019-nCoV).
February 6, 2020
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By Generic people page
Insights
FOCUS: China’s copper smelters struggle to slash output despite demand drop
China's copper smelters face limited scope to slash production even as diminished demand on virus-related lockdowns raises concerns refined inventories could grow.
February 5, 2020
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By Generic people page
Insights
PRICING NOTICE: Correction to copper grade A cathode ER premium, cif Shanghai
Fastmarkets has corrected its copper grade A cathode ER premium, cif Shanghai which was published incorrectly on Tuesday February 4 due to an input error.
February 5, 2020
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By Generic people page
Insights
MORNING VIEW: Metals prices up again after China’s efforts ease fears
A broad base of markets are rebounding after China's move to boost liquidity and stabilize the market convinced many investors that the measures being taken will help cushion the economic impact of the Wuhan coronavirus (2019-nCoV).
February 5, 2020
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By Generic people page
Insights
Major Chinese ports to waive extra storage fees in virus logistics lockdown
Port of Shanghai, the world’s biggest port by container throughput, and other major ports in China will waive the extra storage fees incurred during the logistics lockdown imposed in relation to the novel coronavirus outbreak.
February 4, 2020
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By Generic people page
Insights
IN CASE YOU MISSED IT: 5 key stories from February 3
Here are five Fastmarkets MB stories you might have missed on Monday February 3 that are worth another look.
February 4, 2020
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By Generic people page
Insights
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