The three-month base metals prices on the London Metal Exchange were for the most part little changed this morning, Monday December 17. The exception was zinc, the price of which was up by 1.3% at $2,565 per tonne. The three-month copper price was down by $1.50 per tonne at $6,139 per tonne.

Good morning from Fastmarkets MB’s offices in Asia as we bring you the latest news and pricing stories on Monday December 17.

Base metals prices on the Shanghai Futures Exchange were broadly higher during Asian morning trading on Monday December 17, with zinc and nickel registering the biggest gains. Tin and lead bucked the trend to weaken slightly.

The first hot-rolled coil (HRC) futures contract on the Nasdaq Futures Exchange (NFX) was traded on Friday December 14, the same day that NFX launched its HRC futures contract in the United States.

The proliferation of trade finance blockchain platforms is a positive move toward digitizing the sector. What it has created, however, is a number of platforms operating on different systems that cannot communicate with each other.

Fastmarkets AMM’s daily US Midwest hot-rolled coil (HRC) price index will from today be used as the benchmark to settle a new HRC steel derivatives contract to be launched on the Nasdaq Futures Exchange (NFX).

Disappointing Chinese economic data has weighed on the three-month base metals prices on the London Metal Exchange this morning, Friday December 14, with all the metals in negative territory and showing average losses of 0.4%.

Good morning from Fastmarkets MB’s offices in Asia as we bring you the latest news and pricing stories on Friday December 14.

Base metals traded on the Shanghai Futures Exchange were all down during Asian morning trading on Friday December 14, weighed down by weak economic data from China and a firmer dollar of late.

Dutch bank Rabobank, international trading firm Concord Resources and warehousing firm PGS are developing a blockchain trading platform for the metal repo financing business, the companies said.