Primary Aluminum Premiums: Europe Rises, United States Steady, Brazil Sees Mixed Movements
The European P1020 primary aluminum premium market recorded a further increase in the week ending Tuesday, September 2, confirming the upward trend that began in mid-August. According to Commodity Evolution, the in-whole-of-the-road duty-paid premium in Rotterdam rose...
Base Metals at the SHFE: Mixed Trends Amid Fed Policy Expectations and Market Dynamics
On the morning of Wednesday, September 3, base metal prices traded on the Shanghai Futures Exchange (SHFE) showed mixed trends, reflecting an environment dominated by expectations of an interest rate cut by the US Federal Reserve in September. According to analysts,...
Global Zinc Market: Premiums Stable Between Europe, Asia, and the United States Despite Declining Inventories and Closed Arbitration
The European zinc market remained stable in the September 2nd session, with weak trading and still very sluggish demand, despite the continued decline in inventories in London Metal Exchange (LME) warehouses. According to Commodity Evolution, premiums for SHG min....
US Nonferrous Metals Market: Diverging Dynamics Amid Oversupply, Tariffs, and Seasonality
The US spot copper market remained weak in the week ending Tuesday, September 2, driven by both oversupply and slow trading following the Labor Day holiday. The premium for Grade 1 copper cathodes, delivered direct to the US Midwest, hovered between 4 and 6 cents/lb,...
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