December 2023

Aluminium PFA premiums in US, Europe little changed near year-end

Aluminium primary foundry alloy (PFA) premiums in Europe edged down in the month to Friday December 8, while premiums in the United States were unchanged on thin liquidity.

LME base metals prices rise on news out of China, but mostly down over the week

Base metals prices on the London Metal Exchange mostly rose on Friday December 8 following an announcement from the Chinese government that was intended to help to stabilize the country’s economy.

SHFE base metals stocks mixed; zinc drops over 30%

Deliverable stocks of base metals in Shanghai Futures Exchange (SHFE)-registered warehouses showed mixed movements during the week to Friday December 8, with zinc recording the biggest decrease in percentage terms, according to the exchange’s weekly stocks report.

Nickel posts largest gain among SHFE base metals prices

The most-traded nickel contract price on the Shanghai Futures exchange posted the largest gain among the base metals complex during morning trading on Friday December 8, while lead dropped by 0.61%.

LME base metal prices mixed; copper, nickel, tin record gains

Base metal prices on the London Metal Exchange were mixed in direction at the 5pm close of trading on Thursday December 7, with copper, nickel and tin all recording gains on the previous day while the rest of the complex weakened.

Australian, Brazilian alumina markets lacking direction despite recent trades

Key data from Fastmarkets’ alumina pricing session on Thursday December 7, 2023.

Base metals warrant report for December 6

A summary of the London Metal Exchange base metals warrant premiums from around the world in the fortnight ending Wednesday December 6.

LME base metal prices mixed after disappointing data from China

Base metal prices on the London Metal Exchange remained mixed across the complex on the morning of Thursday December 7, following disappointing economic data from China.

Tin escapes downward movement in SHFE base metal prices

Base metal prices on the Shanghai Futures Exchange (SHFE) movements were broadly down across the board during the morning trading session on Thursday December 7, with tin the sole metal to record an increase.

Midweek LME base metals prices mixed; tin increases by 2.42%

Base metal prices on the London Metal Exchange were mixed across the complex at the 5pm close on Wednesday December 6.