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EUROPEAN MORNING BRIEF 23/11: Soft dollar supports most SHFE base metals; first Alufer Mining bauxite shipment arrives in China; Brazil’s flat steel sales up slightly in Oct
Good morning from Fastmarkets MB’s offices in Asia as we bring you the latest news and pricing stories on Friday November 23.
November 23, 2018
·
By Anna Xu
Insights
LIVE FUTURES REPORT 23/11: SHFE base metals prices gain on softening dollar; tin, nickel buck the trend
Base metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Friday November 23, with the complex benefitting from a slightly weaker dollar. Tin and nickel fell however, with the former coming under pressure from fears over slowing demand and a buildup in exchange stocks.
November 23, 2018
·
By Amy Lv
Insights
Chinese cobalt sulfate price continues to tumble; producers stop offering to avoid losses
The price of cobalt sulfate in China continued to fall this week amid slow trades and aggressive buyer bidding.
November 22, 2018
·
By Susan Zou
Insights
METALS MORNING VIEW 22/11: Metals prices mixed while markets await developments
Three-month base metals prices on the London Metal Exchange continued to give mixed performances this morning, Thursday November 22.
November 22, 2018
·
By Generic people page
Insights
EUROPEAN MORNING BRIEF 22/11: Weakness in SHFE base metals persists; wider LME backwardation deters zinc spot trading; Albemarle plans JV lithium hydroxide plant with MRL
Good morning from Fastmarkets MB’s offices in Asia as we bring you the latest news and pricing stories on Thursday November 22.
November 22, 2018
·
By Anna Xu
Insights
LIVE FUTURES REPORT 22/11: Weakness persists across SHFE base metals complex; copper, aluminium prices show most resistance
Base metals prices on the Shanghai Futures Exchange were broadly down during Asian morning trading on Thursday November 22 despite the recent softness in the dollar; copper and aluminium were little changed with a slight upward bias, while the rest were lower across the board.
November 22, 2018
·
By Susan Zou
Insights
Trafigura strengthens grip on Nyrstar’s Port Pirie with liquidity bridging loan deal
Trafigura’s rescue package for Nyrstar comes at a price, with the trader taking greater ownership of one of the world’s largest zinc smelter's prized assets in return for helping it bridge a nine-day liquidity crunch.
November 21, 2018
·
By Archie Hunter
Insights
ASIA COPPER WEEK 2018: LME to launch lithium contract in H2 2019 [CORRECTED]
The London Metal Exchange is planning to launch a lithium contract in the second half of 2019 to meet growing demand from the electric vehicle industry, Fastmarkets learned during Asia Copper Week in Shanghai.
November 21, 2018
·
By Generic people page
Insights
PRICING NOTICE: Proposal to increase frequency of assessments of manganese ore inventories at Chinese ports of Tianjin and Qinzhou
Fastmarkets MB proposes to increase the frequency of the assessment for manganese ore inventories at the main Chinese ports of Tianjin and Qinzhou to weekly.
November 21, 2018
·
By Generic people page
Insights
METALS MORNING VIEW 21/11: Metals prices firmer after shaking off broader market weakness
Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.4% this morning, Wednesday November 21.
November 21, 2018
·
By Generic people page
Insights
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