Get started

EUROPEAN MORNING BRIEF 09/01: DLA tungsten ore, concs sale; Chinese ferro-silicon prices; vanadium pentoxide, ferro-vanadium prices

Good morning from Metal Bulletin’s office in Singapore, as we bring you the latest news and pricing stories on Tuesday January 9.

January 9, 2018
By Generic people page
Base metals Copper

Base metals prices on the Shanghai Futures Exchange were mostly higher during Asian morning trading on Tuesday, with copper prices finding slight support from potential supply-side constraints, while tin was the lone metal in negative territory.

Check Metal Bulletin’s live futures report here.

LME snapshot at 04.30am London time
Latest three-month LME Prices
  Price ($ per tonne) Change since previous session’s close ($)
Copper 7,133.50 8.5
Aluminium 2,180 5
Lead 2,603 -1
Zinc 3,389 3
Tin 19,940 -60
Nickel 12,600 65

SHFE snapshot at 12.30pm Shanghai time
Most-traded SHFE contracts
  Price (yuan per tonne) Change since previous session’s close (yuan)
Copper (March) 54,780 90
Aluminium (February) 14,955 20
Zinc (March) 26,325 265
Lead (February) 19,570 165
Tin  (May) 144,330 -280
Nickel  (May) 99,320 830

DLA Strategic Materials sold 211,000 lbs of contained tungsten ores and concentrates during December’s material offering, with two companies paying a combined $2.85 million.

Chinese ferro-silicon prices continued to soften over the past week amid operational restarts in the country’s Ningxia province, while the European market reached new highs on tightened supply.

Vanadium pentoxide and ferro-vanadium prices had a strong start to 2018 last week, with supply concerns in focus as the markets came back from the Christmas break

Coal exports from Australia’s metallurgical coal hub of Queensland dropped 3.7% on the year in December.

What to read next
Lighting, Stage, Texture
US copper build-up intensifies on tariff risk: Hotter Commodities
Half a million tonnes of copper is sitting in US warehouses, and the traders who put it there are starting to wonder whether they’ve built a hedge, or a trap.
June 8, 2026
 · 
By Andrea Hotter
Architecture, Building, Factory
Why European automotive procurement needs granular market intelligence 
European automotive procurement faces growing complexity due to regional cost volatility and policy-driven supply chains reshaping material pricing and sourcing strategies. This demands granular, region-specific market intelligence for precise cost modeling and strategic decision-making.
June 3, 2026
 · 
By the Fastmarkets team
Fastmarkets proposes to amend holiday pricing schedule for aluminium P1020A, FOB Indonesia premium assessment: pricing notice
The assessment, which currently follows the UK holiday calendar, will follow the Singapore holiday calendar after the proposed change. There will be no change to the publication timing, and the assessment will continue to be published weekly on Wednesdays, at 7pm Singapore time. The purpose of the adjustment is to align the timing to the […]
June 2, 2026
 · 
By Fastmarkets pricing team
Architecture, Building, House
Japan’s PPC integration deal finalized as copper concentrate squeeze deepens
JX Advanced Metals, Mitsui Kinzoku, Marubeni and Mitsubishi Materials(MMC) inked a deal to integrate MMC's copper concentrate procurement and related products sales business into Pan Pacific Copper (PPC), marking a significant consolidation of Japan's copper concentrate purchasing sector amid persistent pressure from weak treatment and refining charges (TC/RCs).
June 1, 2026
 · 
By Eva Qi
Delayed publication of Shanghai nickel full plate premiums: pricing notice
The publication of Fastmarkets’ assessments of the nickel min 99.8% full plate premium, in-whs Shanghai, and the nickel min 99.8% full plate premium, cif Shanghai for Tuesday May 26 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following prices were affected:MB-NI-0143 Nickel min 99.8% full plate premium, in-whs Shanghai, […]
May 27, 2026
 · 
By Fastmarkets pricing team
Copper coils up close
Hudbay, Capstone and Ero post strong Q1 results as lower grades weigh on copper concentrate output
Copper producers, including Atlas Mining, reported higher earnings in the first quarter of 2026 on the back of elevated copper prices, while concentrate output declined at several operations in Chile, Brazil, Colombia and the Philippines due to lower ore grades and disruptions, according to company results reviewed by Fastmarkets.
May 26, 2026
 · 
By Julienne Raboca