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Base metals like copper, aluminium, nickel and alumina are some of the world’s most frequently traded commodities. With so many forces bearing down on the base metals market, win-win outcomes for negotiations depend on the depth and breadth of your understanding of the market.
Our global coverage, prices and forecasts give you the critical insights to understand what’s driving volatility and help you minimize risk and predict future trends. Our team of market experts provides more than 150 base metals prices from across the globe to empower you with the most current market-reflective prices, historical trends and future outlooks. And, as the drive to lower carbon emissions intensifies, Fastmarkets is leading the way with low-carbon aluminium pricing launched in 2021.
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Chinese customs has suspended the publication of trade data for some key metal products including refined zinc, lead, nickel and copper raw materials such as scrap and concentrates, sources said.
The latest news and price moves to start the Asian day on Friday June 22.
Three-month base metals prices on the London Metal Exchange were for the most part weaker on the morning of Thursday June 21, with the complex down by an average of 0.2%. Nickel, up by 0.3% at $15,000 per tonne, was the exception. Copper was off by 0.3% at $6,797 per tonne.
The latest news and price moves to start the Asian day on Thursday June 21.
The US Midwest copper premium in the United States has risen by a half-cent, with freight costs propelling the market to a nearly four-year high.
Switzerland-based miner-trader Glencore has settled a dispute over its Kamoto Copper Co (KCC) operation in the Democratic Republic of Congo (DRC). Now it’s being singled out as a beacon of commitment to efforts by state-run mining company Gécamines to restructure its mining sector.
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