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Base Metals Prices Up On Shanghai Futures Exchange Thanks To Weakening U.S. Dollar
Base metals prices traded on the Shanghai Futures Exchange (SHFE) rose significantly during the morning session on Thursday, April 17, buoyed by a weakening U.S. dollar. Leading the surge was nickel in particular, which showed the strongest performance among the most...
Chaos Duties And Logistics Restructuring: Trade War Pushes Freight Rates Off Route
The second trade war waged by President Donald Trump experienced another dizzying week, marked by further escalations, reversals, uncertainty and widespread confusion, especially for international logistics operators. On April 2, the president announced unprecedented...
Canadian Manufacturing Sector Growth Driven by Aluminium and Alumina
In February, Canada's manufacturing sector posted modest overall growth, but the credit for this was almost entirely due to the outstanding performance of the aluminium and alumina industries. According to data published by Statistics Canada, total manufacturing sales...
LME Approves First Authorised Warehouses in Hong Kong: A New Chapter for Global Metal Trading
The London Metal Exchange (LME) has officially announced the approval of the first four licensed warehouse facilities in Hong Kong, marking an important turning point in the entity's logistics and trading strategy. The announcement follows the decision, dated 20...