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ADC12 Higher Between China And Japan: Scrap Costs, Strong Futures And Tight Stocks Push Prices To Highs
The Asian market for secondary aluminium alloy ingot ADC12 continued to strengthen in the week to Wednesday June 3, with increases both in the Chinese domestic market and in Japanese imports. The movement was supported by firmer aluminium futures, rising scrap costs...
SHFE Metals Down: Tin Collapses Between Macro Pressure, AI Rally Fatigue And Strong Stock Rebound
Base metals listed on the Shanghai Futures Exchange opened the week in negative territory during the morning of Monday June 8, weighed down by a worsening macroeconomic sentiment after stronger-than-expected US labor data. The nonfarm payrolls figure in the United...
European Gallium Sharply Higher: Limited Chinese Exports, Tight Supply And Semiconductor Demand Still Solid
The European gallium market continues to move in a phase of strong tension. Prices increased on Wednesday June 3, supported by extremely limited availability outside China and by still robust demand, especially from sectors linked to semiconductors, power electronics...
LME Warrant Premiums In Motion: Aluminium, Copper And Nickel Lead Tension In Base Metals
The market for LME base metal warrant premiums showed a mostly positive setting in the two weeks ended Wednesday June 3. The most relevant changes concerned aluminium in Asia, copper in the United States and nickel briquette in Southeast Asia, while lead recorded...