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MORNING VIEW: Base metals firmer on LME; dip buying activity evident again
Base metals prices on the LME were mainly rebounding on Wednesday September 22, after dip buyers took advantage of Tuesday's price weakness, while metals in Shanghai were mixed but mainly down in response to the downturn in London this week.
September 22, 2021
·
By William Adams
Insights
Fastmarkets successfully completes IOSCO assurance review of 34 metals benchmarks
Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), is delighted to announce the successful completion of an independent assurance review of 34 key metals benchmarks.
September 21, 2021
·
Insights
MORNING VIEW: Base metals mixed across exchanges, but mostly standing still
Base metals prices on the LME and SHFE were mixed on the morning of Friday September 17, with most remaining listless despite being buffeted by a firmer US dollar, generally weaker economic data and disruption to both production and supply.
September 17, 2021
·
By William Adams
Insights
MORNING VIEW: LME base metals mainly higher despite weak Chinese economic data
Base metals prices on the London Metal Exchange largely edged up on the morning of Wednesday September 15 after a day of weakness, but those on the Shanghai Futures Exchange were weaker because they followed movements in London on Tuesday and reacted to weaker Chinese economic data.
September 15, 2021
·
By William Adams
Insights
MORNING VIEW: Base metals and broader markets upbeat again
Base metals prices were higher on both the LME and the SHFE this morning, Friday September 10, with the broader markets also up. Additionally, metals that were previously looking vulnerable now look less vulnerable, suggesting traders are still comfortable being exposed to the metals.
September 10, 2021
·
By William Adams
Insights
MORNING VIEW: Base metals prices mixed, but overall in consolidation mode ahead of US jobs report
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed on the morning of Friday September 3, but overall the picture is one of consolidation ahead of today's employment report from the United States.
September 3, 2021
·
By William Adams
Insights
FOCUS: Container delays ramp up, free days cut down after China port closure
The global markets for containerized freight have entered even deeper water in recent weeks, with closures at the key port of Ningbo-Zhoushan in China leading to worsening cargo delays, port congestion and a further cutback in free days.
August 25, 2021
·
By Lee Allen
Insights
Afghanistan’s mighty copper reserves remain out of reach, even for China
As the world's media spotlight falls on Afghanistan, Fastmarkets looks at why reported claims of incoming Chinese mining deals are unlikely to be fulfilled soon.
August 24, 2021
·
Insights
EXCLUSIVE: China’s biggest private copper smelter files for bankruptcy
China's largest privately owned copper smelter, Dongying Fangyuan, has filed for bankruptcy, kicking off a debt-restructuring process, multiple sources claimed to Fastmarkets.
August 20, 2021
·
By Julian Luk
Insights
Chinese port congestion, high demurrage rates reduce liquidity in seaborne alumina market
Many Chinese alumina buyers are currently steering clear of purchasing seaborne alumina due to persistent congestion at several Chinese ports, sources told Fastmarkets on Thursday August 19.
August 20, 2021
·
By Hui Li
Insights
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