Following a six-week consultation period, Fastmarkets will change the frequency of its zinc spot concentrate treatment charges (TC) price assessment to fortnightly from its present monthly timing.

Three-month base metals prices on the London Metal Exchange were up across the board on the morning of Friday February 5, led by a 1.4% gain in nickel, with the US Dollar Index easing after reaching a three-month high on Thursday.

Fastmarkets proposes to amend the frequency of its assessments of the London Metal Exchange base metals warrant premiums to fortnightly from weekly.

Sentiment in the base metals markets in Europe was turning increasingly bearish, a number of participants told Fastmarkets on Tuesday June 21, with macro-economic uncertainties creating additional caution among consumers with the approach of the seasonal summer slowdown

The Shanghai Futures Exchange copper price used in Fastmarkets’ base metals arbitrage calculation on Friday July 15 has been amended due to an unprecedented market change.

The London Metal Exchange base metals failed to hold on to the excitement from US President-elect Joe Biden’s speech overnight, with zinc and nickel the hardest hit and copper once again falling below $8,000 per tonne on Friday January 15 and most of complex trading in negative territory.

This new supercycle, focused on specific commodity groups in the energy transition, has investors aiming to improve their ESG standards and approach

Fastmarkets is proposing to amend the frequency of its zinc spot concentrate treatment charges (TC) price assessment to fortnightly from its present monthly timing.

The base metals remain upbeat this morning, Wednesday December 9, with all the metals on the London Metal Exchange in positive territory on hopes that a US stimulus package may be on the way.

Hydro’s Slovalco aluminium facility in Slovakia will stop all primary aluminium production by the end of September 2022, Hydro said on Wednesday, August 17