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Copper, Centinela Strike Adds Fresh Pressure To Chilean Supply
More than 700 workers have begun a strike at Antofagasta’s Centinela mine, adding uncertainty to copper supply from Chile, the world’s largest producer. The walkout followed unsuccessful mediation in a wage dispute and will restrict operations, according to the...
Asian LLDPE Plastic, Freight And Import Offers Lift South Asian Prices While Eastern Markets Hold Steady
The Asian LLDPE film-grade market is showing contrasting regional trends. Prices remain unchanged in the Far East and Southeast Asia as China’s holidays reduce activity. In South Asia, prices are increasing, supported by higher import offers, limited shipment...
LME Zinc And Lead Trading Reach Records As Electronic Activity And Options Grow
Zinc and lead are leading the increase in London Metal Exchange trading activity, reaching new records in the reported volumes. Growth extends to the other main metals, while LMEselect reaches 60% of trading and options volumes rise 44.8% year on year. The figures...
European Copper, Thin Spot Trading Widens Premium Ranges As Annual Talks Approach
The European copper cathode market continues to show subdued demand and limited spot liquidity. In the week to October 6, participants reported no significant change in consumption, while premium ranges widened, predominantly at the lower end. Activity remains limited...