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Global Zinc Premiums Steady Despite Weak Summer Demand
Global zinc premiums remained largely stable in the week ending Tuesday, August 5, with sluggish demand due to the summer seasonality. However, some spot supply tensions emerged in Europe, while in Asia, particularly Shanghai, unfavorable arbitrage conditions continue...
Ball Continues Full Production, But Uncertainty Rises Over Mexican Supplies
US aluminum producer Ball Corporation expects to continue operating at full capacity in the coming months, supported by significant growth in demand for aluminum packaging. However, the company has raised the alarm regarding uncertainty over aluminum supplies to the...
Zinc Leads Base Metals Gains on SHFE on August 7
During the morning session on Thursday, August 7, prices of most base metals listed on the Shanghai Futures Exchange (SHFE) recorded positive trends, with zinc emerging as the day's biggest gainer. According to data from 10:30 a.m. (Shanghai time), the most traded...
Mixed Sentiment in Asian Markets After China Opens Imports
Sentiment in major Asian seaborne black mass markets appeared mixed in the week ending Wednesday, August 6, immediately after China officially opened its doors to legal imports of this commodity. Market sources reported this to Commodity Evolution. The CIF South Korea...