The Shanghai Futures Exchange launched aluminium and zinc options contracts on Monday August 10 to meet growing desire for the important risk management tool, the exchange chairman said.

The three-month copper price on the London Metal Exchange was lower during morning trading on Friday August 7, with continued tightness across the front end of the metal’s forward curve deterring interest, while a marked improvement in German industrial production remains a key indicator of improving economic conditions in Europe.

Three-month base metals prices on the London Metal Exchange were mixed this morning, Thursday August 6, but the complex was up by an average of 0.4%.

Copper miners operating in the Democratic Republic of Congo (DRC) have been informed that they will not be able to renew their waivers to export copper concentrate from September onward, Fastmarkets has learned.

Three-month base metals prices on the London Metal Exchange were firmer this morning, Wednesday August 5, with gains averaging 0.3%.

Fastmarkets is extending its consultation on the launch of new copper material price and the potential discontinuation of its monthly assessment of the No2 copper scrap discount on a cif China basis.

Clients of Jinchuan Maike have cut exposure to the trader this week, coming at the same time that the company underwent a major management reshuffle.

Resource nationalism is one of the key risks miners will face in the increasingly volatile macroeconomic environment worsened by the Covid-19 pandemic, global law firm White & Case told Fastmarkets this week.

European copper producer Aurubis has begun the process to gain the International Copper Alliance’s (ICA) Copper Mark at its metal processing facility in Pirdop, Bulgaria, it said on Friday July 24.

Here are five Fastmarkets stories you might have missed on Monday July 20 that are worth another look.