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Aluminium: high energy prices continue to generate uncertainty about production
The European Green Aluminium Summit 2023, organised by Shanghai ECV International Co., Ltd. and held on 18 and 19 October in Frankfurt, Germany, addressed the pressing issue of reducing carbon emissions in the aluminium industry, which accounts for about two per cent...
Copper: China Smelters Purchase Team cuts minimum price for Q1 2024
China's major copper smelters group has cut the minimum price for copper concentrate processing and refining charges for the first quarter of 2024, in anticipation of increased copper availability. The smelters' group, known as the China Smelters Purchase Team (CSPT),...
Precious metals: prices set new highs as dollar index signals bearish trends
This month, equity index prices continued to post week-on-week gains as we head into the new year. The Fed's dovish tone last week fuelled investors' bets on deeper and faster interest rate cuts until 2024, which could continue to drive indices higher. What will be...
Copper: prices stabilise around period highs amid dollar weakness and supply concerns
Copper prices remained stable, supported by the weak dollar and concerns about global commodity supply shortages. Three-month copper on the London Metal Exchange was gaining 0.49 per cent at $8,612/mt (11:00 a.m. Italian time) as trading resumed after the Christmas...