The build-up of Shanghai bonded copper stocks continued in April, albeit at a slower pace, with restrictions to prevent the spread of Covid-19 disrupting logistics, particularly earlier in the month

Fastmarkets analysts are forecasting an increase in prices across the base metals complex by the end of 2023. Copper and nickel prices are expected to be the best performers next year and to show large increases by the end of 2023, with the speed of this growth heavily dependent on China’s economic recovery

Fastmarkets used the London Metal Exchange base metals prices at 9:41am London time for the arbitrage calculations on Monday May 23, because there was no data available at 8:00am due to a system error.

Read the full transcript from episode 6 of Fast Forward podcast on trading power and the role of the London Metal Exchange (LME) in the energy transition with CEO Matthew Chamberlain.

Due to a reporter error, the United States zinc and copper premiums for Tuesday August 3 were published in Fastmarkets’ price book after the scheduled time of 4pm GMT.

Base metal prices on the London Metal Exchange remained robust during morning trading on Tuesday October 12, while power supply concerns in China and the rest of the world persist.

Fastmarkets has amended the frequency of its assessments of London Metal Exchange base metals warrant premiums to fortnightly from weekly

Availability and the costs of trucking are now starting to significantly impact the flow of material in continental Europe, putting pressures on supply chains and keeping base metals premiums elevated, participants have told Fastmarkets