The price of imported nickel ore in China could jump more than 50%, following Indonesia's export ban on the product which took effect January 12, Macquarie Commodities Research said in a report Tuesday. Nickel ore stocks in China are ...
Tags: Nickel Ore, Export Ban
Nickel prices are likely to be pushed higher in 2014 if Indonesia introduces an export ban on laterite nickel ore, which would tighten supply particularly for China, according to Dan Loughner, the head of Australian nickel producer Western ...
Tags: nickel ore, pollution, energy
Any copper surplus next year is unlikely to emerge until the second half, with the price well supported in the first half, JP Morgan said Thursday. It raised its forecast for the average price in the first quarter by 2% to $7,210/mt, and ...
Tags: JP Morgan, copper surplus, copper
Trio Resources, Inc. ("Trio" or the "Company") is pleased to announce that it has signed an Off-Take agreement with Noble Refinery ("Noble") of Switzerland to process precious metals produced at the Company's milling facility in Cobalt, ...
Tags: Trio, Noble, precious metals, metallurgy
Offers 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
During the week ended November 15, prices decreased further in the London Metal Exchange (LME) billet market, maintaining the downward movement recorded in the previous week. The following prices were recorded in LME billet contract trading ...
Tags: LME Billet Market, Mineral
Chinese 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
During the week ended October 25, prices remained stable in the London Metal Exchange (LME) billet market, after the decrease in the previous week. The following prices were recorded in LME billet contract trading as of the end of last ...
Tags: LME Billet Market, Mineral
HSBC 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
The London Metal Exchange (LME) may become the first international exchange house to establish commodities warehouses in the China (Shanghai) Pilot Free Trade Zone (FTZ), accroding to Xinhua News Agency. It's reported that copper and ...
Tags: LME, Metallurgy, Mineral, Energy
CME Group, the Chicago-based derivatives exchange, plans to launch an aluminum contract that will compete with the London Metal Exchange's product. CME, the world's largest futures exchange, is responding to a "key need to execute with ...
Tags: steel, Construction
China's refined copper imports are expected to continue rising in the coming months as international sellers increasingly turn to China amid an overhang in global supply, a Chinese industry source said last Friday. "Global copper supply ...
Tags: Copper, Metallurgy, Mineral
Spot indium prices in Asia have risen to their highest level since October 2011, as sellers hold back expecting prices to rise further in the near term, market sources said Tuesday. Platts assessed the spot indium price at $630-670/kg CIF ...
Tags: Spot Indium, Mineral
For centuries, trading with raw material has been an integral part of economic life. Stock exchanges started everywhere and eventually developed into the stock exchanges that exist today, dealing with shares, too. The first stock exchange ...
Tags: Raw Material, Textile
Domestic gold futures still have room to grow following the recent commodities rally, which sent gold, copper and crude oil to multi-month highs last week. The most traded gold contract on the Shanghai Futures Exchange (SHFE) rose 1.45 ...