Loading
LME nickel: UK regulator launches investigation into trading halt
Britain's Financial Conduct Authority (FCA) has launched an enforcement investigation into the London Metal Exchange's (LME) suspension of nickel trading in 2022. The FCA investigation will examine the conduct, systems and controls put in place by the LME between...
Aluminum: open interest and volume on the CME hit a record high in February
Aluminum futures on the Chicago Mercantile Exchange reached record average daily volume in February, up fourfold from a year ago, and open interest also reached all-time highs. Last month, average daily volume reached 3,161 contracts, up 300 percent from a year...
Nickel: Russia’s largest miner sells to China in yuan
Russia's largest miner, MMC Norilsk Nickel, is selling some nickel in yuan at prices set in Shanghai, a sign of how the invasion of Ukraine is reshaping global commodity flows and empowering China. Nornickel, as the company is known, has sold some spot volumes to...
Copper: prices up as Chinese production data boost demand hopes
Copper prices are rebounding today after data on manufacturing activity in main consumer China boosted demand hopes. Three-month copper on the London Metal Exchange was up 1.17% (11:27 a.m. GMT+1) at $9,085 a tonne while the most traded April copper contract on the...