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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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Base metals prices on the LME and the SHFE were mixed this morning, Thursday October 15, with concerns over the spread of Covid-19 and the reduced likelihood of a US stimulus package any time soon dampening optimism.
Customs officials in southern China have impounded just under 10,000 tonnes of copper ‘concentrates’ after it turned out to be smelting waste, which is prohibited from entering the country.
Base metals prices on the London Metal Exchange were weaker across the board this morning, Tuesday October 13, while those on the Shanghai Futures Exchange were either unchanged or firmer, as were equities.
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Monday October 12, but sentiment has turned more bullish, especially in aluminium, since China returned from its Golden Week holiday.
Global commodity trader Trafigura will restart its copper mining operation at Pweto in the Democratic Republic of the Congo (DRC), the government announced on Thursday October 8.
A roundup of employment cutbacks announced in Worker Adjustment and Retraining Notice Act letters filed to state labor agencies in the United States over the past month or two, including at least 14 full closures, indexed by sector.
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