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Aluminium: prices down 20% in a two-week period
The aluminium price has been weakened by falling coal prices in China, following efforts by regulators to curb excessive speculation and profiteering from what remains a tight domestic thermal coal market. If coal prices continue to fall, aluminium prices should, at...
Tin: demand will remain strong
In October, tin prices reached an all-time high of $38,215/tonne in a build-up that began in March 2020 at the start of the pandemic. Since 2020, prices have been rising sharply due to severe supply shortages from covid-19 blocks, especially in Malaysia and Indonesia,...
Copper: protests force Peru’s largest mine to halt operations
Operations at Peru's Antamina copper and zinc mine, the country's largest producer of the red metal, were suspended on Sunday due to an ongoing roadblock set up by locals who believe the mine has failed to meet its commitments to support local communities. The...
Aluminium: Rusal’s sales fall in the third quarter
Russian aluminium producer Rusal reported on Wednesday that its third-quarter sales fell 9.2% year-on-year to 915,000 tonnes due to strained transportation systems in Russia and abroad. Rising sea shipping costs have pushed Chinese producers to send more goods to...