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Zinc Premiums Decrease in Shanghai and US, Europe Steady
Zinc premiums in Shanghai declined during the week ending Tuesday, June 3, amid a very unfavorable arbitrage window for imports. Spot trading remained at rock bottom, with many traders reporting a lack of appetite for import cargoes. “We have had some suppliers offer...
India Leading the Fight Against Plastic Pollution
In recent years, India has taken a wide range of concrete measures to reduce its plastic footprint and chart a sustainable path towards a greener future. Through active citizen participation, responsible practices and strong government initiatives, the country is...
U.S. P1020A Aluminum Premium Hits All-Time High
The U.S. Midwest duty-paid P1020A aluminum premium hit a new all-time high on Wednesday, June 4, hitting 51-54 cents per pound, up 28% from 40-42 cents the day before. The jump was triggered by U.S. President Donald Trump’s decision to double tariffs on aluminum...
Mixed Base Metal Prices on Shanghai Futures Exchange
Nonferrous metal prices on the Shanghai Futures Exchange (SHFE) were mixed in the morning session on Thursday, June 5, with most metals moving moderately, but nickel seeing the biggest decline. As of 10:30 a.m. Shanghai time, the largest traded contracts on the SHFE –...