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LME cash
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Japan Spot Aluminum Premiums Rise to $90-$100/Mt Plus LME CIF
Dec 16, 2015Platts assessed spot aluminum premiums on a CIF Japan basis at $90-$100/mt plus London Metal Exchange cash on Tuesday, up from $90-$95/mt plus LME cash on Monday as sellers held on to higher premiums. Two overseas sellers said they would ...
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Alcoa Agrees to Deal to Keep New York Aluminum Smelter Open
Nov 25, 2015Alcoa has entered into a three-and-a-half-year agreement with New York state to increase the competitiveness of its Massena West smelter, previously been earmarked for shutdown, the US lightweight metals producer said Tuesday. Earlier ...
Tags: Alcoa, lightweight metals, aluminum
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Japan's Aluminum Holds at $85-$90/Mt Plus LME But Lower Numbers Loom
Nov 10, 2015Platts assessed spot premiums for aluminum imports into Japan at $85-$90/mt plus London Metal Exchange cash CIF Japan Monday, flat since October 27, amid talks of offers available at $80/mt heard in the market. Two Asian traders said they ...
Tags: aluminum, aluminum imports
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Spot Import Premiums Have Fallen Amid Thin Trade
Jun 6, 2014Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis have fallen amid thin trade after news Qingdao port had halted shipments of aluminum and copper amid a probe into loan irregularities ...
Tags: import premiums, Copper futures
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Alcoa Has Offered Third-Quarter Term Shipments at a $408/Mt Premium
Jun 3, 2014Global aluminum producer Alcoa has offered third-quarter term shipments at a $408/mt premium to London Metal Exchange cash, CIF Japan, Japanese buyers said Thursday. The premium is for primary aluminum ingot to be shipped to Japanese main ...
Tags: aluminum, Japanese market
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Western Producers' Offers to Japan for Third Quarter Contracts Breached The $400/Mt Level
May 31, 2014Platts Chinese import premiums for Good Western aluminum rose to $330-360/mt CFR plus LME cash Wednesday from $270-280/mt a week earlier as premiums in Europe, the US and Japan remained high. Western producers' offers to Japan for third ...
Tags: Aluminum Import, Import Premiums
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Japan's Spot Aluminum Trade Remained Thin Monday
Apr 16, 2014Japan's spot aluminum trade remained thin Monday, but market sources said the outlook for construction demand was positive and would boost buying interest if London Metal Exchange prices fall below $1,800/mt. The LME three-month aluminum ...
Tags: aluminum, aluminum ingot
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Spot Imports of Primary Aluminum Ingot Into Japan Were Thin This Week
Apr 4, 2014Spot imports of primary aluminum ingot into Japan were thin this week as buyers were waiting to see the impact from the postponment of LME's new warehouse process rules, Japanese market sources said Wednesday. Trade was thin also due to ...
Tags: aluminum ingot, spot market
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Domestic Offers for ADC12 Were Mostly at Yuan 15,700-15,800/Mt Ex-Works
Dec 5, 2013Offers for China's domestic spot aluminum alloy ADC12 slipped, affected mainly by weaker aluminum ingot prices, while the demand remained steady, seeing no significant change from the previous week, industry sources said. Domestic offers ...
Tags: China Aluminum, LME Prices
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Import Premiums Remained Around $200/Mt CIF China
Nov 11, 2013Chinese spot CIF import premiums for London Metal Exchange-registered brands of copper cathode remained steady amid marginal sideways movements, industry sources said Wednesday Import premiums remained around $200/mt CIF China Wednesday, ...
Tags: copper, copper investment, raw material, refining copper
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HSBC Has Lowered Its Copper Surplus Forecasts for 2013 and 2014
Oct 18, 2013HSBC has lowered its copper surplus forecasts for 2013 and 2014 and raised its outlook for the average price by 7%, the bank said Thursday. "We have cut our 2013 surplus forecast from 320,000 mt to 38,000 mt and our 2014 [forecast] from ...
Tags: Metallurgy, Mineral, Energy, Copper
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Cowen and Company Reduced Its Century Aluminum Price Target to $10 From $13
Oct 10, 2013Equity research firm Cowen and Company reduced its Century Aluminum price target to $10 from $13 due to changes in the aluminum futures curve, the company said in a statement Tuesday. The company also said it assumed Q4 2013 and fiscal year ...
Tags: Aluminum Price, Cowen
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Copper Supply Shortages Will Extend Into The First Half of Next Year as an Accelerating
Dec 6, 2012Copper supply shortages will extend into the first half of next year as an accelerating Chinese economy more than doubles the pace of growth in global consumption even as mines extract a record amount of metal. According to the ...
Tags: copper, supply shortage, metal, mines extract, slowing growth
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India's State Run National Aluminium Company Has Sold 12,000 Tonnes of Aluminium Ingots
Nov 27, 2012Reuters reported that India's state run National Aluminium Company has sold 12,000 tonnes of aluminium ingots at USD 225 per tonne premium over the average LME cash price on a cost insurance and freight basis. Company sources said that ...