December 2020

Q1 2021 MJP aluminium premium settles at $130/t - up nearly 48% from Q4 '20

Fastmarkets’ premium for the supply of aluminium to main Japanese ports (MJP) in the first quarter of 2021 has settled at $130 per tonne, its highest since the third quarter of 2018.

LIVE FUTURES REPORT 29/12: Al, Ni down by over 1%; LME complex mixed

Base metals futures prices on the London Metal Exchange were mixed on Tuesday December 29 morning, with slight gains for copper and nickel but decreases for aluminium and zinc with uncertainty still looming over the United States' coronavirus stimulus checks.

IN CASE YOU MISSED IT: 5 key stories from December 28

Here are five Fastmarkets stories you might have missed on Monday December 28 that are worth another look.

MJP aluminium stocks decline by 20.9% y-o-y in November

Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama fell by 20.9% year on year at the end of November, according to data released on Friday December 25 by major Japanese trading house Marubeni Corp.

SHFE STOCKS REPORT 25/12: Zinc stocks down 20.3%; aluminium inventory rises 5.9%

Zinc stocks in Shanghai Futures Exchange-registered warehouses registered the biggest falls in the week to Friday December 25, while aluminium inventory levels rose by the most in percentage terms.

IN CASE YOU MISSED IT: 5 key stories from December 24

Here are five Fastmarkets stories you might have missed on Thursday December 24 that are worth another look.

UK, EU reach Brexit deal ensuring tariff-free trade

The United Kingdom and European Union have reached an agreement on a trade deal that will ensure tariff-free trading of most goods between the country and the bloc after December 31 when the withdrawal transition period ends, easing metals and minerals market participants’ fears of logistics paralysis and material shortages.

LIVE FUTURES REPORT 24/12: LME aluminium, zinc and nickel make gains as markets digest stimulus, Brexit news

The London Metal Exchange three-month aluminium, nickel and zinc prices all rose by over 1% in morning trading on Thursday December 24, with the market weighing likely deals on US coronavirus relief funds and Brexit against the renewed pandemic spread across Europe.

MORNING VIEW: Base metals prices mixed, but dips generally continue to find support

Base metals prices on the Shanghai Futures Exchange were up across the board this morning, Thursday December 24, while those on the London Metal Exchange were mixed.

US Commerce Department debuts aluminium import tracker

The US Department of Commerce has officially adopted the Aluminum Import Monitoring and Analysis (AIM) system, which will publish data aggregated from licenses that US companies will soon be required to obtain before importing aluminium products.