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HKEX takes aim at Asian arbitrage trade with launch of London Metal Mini Futures
Hong Kong Exchanges & Clearing (HKEX) will launch US dollar-denominated London Metal Mini Futures for six base metals starting August 5, the exchange said recently.
July 18, 2019
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By Generic people page
Insights
China copper smelters lower Q3 TC/RC floor by 25% but make no plans to cut production
China’s 10 biggest copper smelters have set a treatment and refining charges (TC/RCs) purchase price floor of $55 per tonne/5.5 cents per lb for the third quarter of this year, sources close to the matter told Fastmarkets on Thursday July 18.
July 18, 2019
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By Generic people page
Insights
IN CASE YOU MISSED IT: 5 key stories from July 17
Here are five Fastmarkets MB stories you might have missed on Wednesday July 17 that are worth another look.
July 18, 2019
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By Generic people page
Insights
China’s copper smelting group faces reckoning ahead of quarterly gathering
China’s top copper concentrate buyers are in a fix.
July 17, 2019
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By Generic people page
Insights
Four things we learned at Yantai Copper Forum
Fastmarkets summarizes four key points to take away from the one-day Yantai Copper Industry Forum held on Friday July 12 in China’s north-eastern Shandong province.
July 15, 2019
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By Generic people page
Insights
IN CASE YOU MISSED IT: 5 key stories from July 11
Here are five Fastmarkets MB stories you might have missed on Thursday July 11 that are worth another look.
July 12, 2019
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By Generic people page
Insights
COMMENT: What next for copper TC/RC benchmark as Antofagasta begins breakaway?
This week, beginning Monday July 8, has seen one of the world’s biggest copper miners, Chile’s Antofagasta, begin to break away from the traditional annual price benchmark system by sealing an early deal with Chinese smelters to supply concentrates for the first half of 2020.
July 11, 2019
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By Generic people page
Insights
Kores follows Cobre Panama divestment plans with sale of Santo Domingo copper mine stake
South Korea’s state raw materials investment company, Korea Resources (Kores), is preparing to sell its stake in Capstone’s Santo Domingo copper mining project, sources with knowledge of the matter told Fastmarkets.
July 11, 2019
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By Generic people page
Insights
IN CASE YOU MISSED IT: 5 key stories from July 10
Here are five Fastmarkets MB stories you might have missed on Wednesday July 10 that are worth another look.
July 11, 2019
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By Generic people page
Insights
FOCUS: Copper smelter margins eroded by declining TC/RCs, product prices
Sinking product prices across the copper value chain are eroding processing margins for custom copper smelters, causing uncertainty as well as driving investments and consolidation in the industry.
July 9, 2019
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By Generic people page
Insights
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