Base metals prices on the London Metal Exchange were mixed this morning, Wednesday November 25, as were those on the Shanghai Futures Exchange, but overall they seem to be consolidating in high ground, with copper having set a fresh high for the year at $7,360 per tonne earlier this morning.

Talga Resources has signed a Memorandum of Understanding (MoU) with global technology leader ABB to support the development and construction of Talga’s Vittangi anode project in northern Sweden.

The base metals on the London Metal Exchange were firmer across the board this morning, Tuesday November 24, although those on the Shanghai Futures Exchange were mixed following the weakness seen on the LME on Monday.

The base metals were mixed this morning, Monday November 23, but the underlying trends remain bullish following recent fresh highs in most of the metals.

The base metals were generally upbeat this morning, Friday November 20, supported by demand expectations and a weaker dollar.

Fastmarkets today, Friday November 20, launches a steel hot-rolled coil import (Japan, Korea, Taiwan-origin), cfr Vietnam, $/tonne price assessment.

Seaborne premium hard coking coal prices in both fob DBCT and cfr Jingtang markets edged up on a daily basis on Friday November 20 although the ongoing restriction from China on Australian coal imports has caused a widening differential between the prices since late October.

The premium of Brazilian soyoil over Argentine soyoil collapsed this week after the Brazilian government...

Commodity traders have long forecast that there would be consolidation in their own industry, and in some of the world’s biggest centers for metals business that has already started to happen.

The base metals were consolidating recent gains but generally holding up near high ground this morning, Thursday November 19 – this despite some nervousness emerging in wider markets about the rapid spread of Covid-19.