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Southeast Asian Aluminum Scrap Market: Weak Demand but Prices Stable Thanks to Limited Supply
In the week ending Tuesday, August 26, the Southeast Asian aluminum scrap import market remained quiet, aided by the typical seasonal lull. Market sources reported continued weak downstream demand for secondary ingots, but limited scrap availability and a temporary...
SHFE Base Metals: Mixed Movements, With Zinc and Lead Decreasing
On the morning of Friday, August 29, base metal prices listed on the Shanghai Futures Exchange (SHFE) showed mixed trends, with zinc recording the largest percentage decline. As of 10:30 a.m. Shanghai time, the most traded October contracts (prices inclusive of 13%...
European P1020A Aluminum Premiums: Stability After Summer Increase and Limited Availability
In the week ending Tuesday, August 26, European P1020A aluminum premiums traded sideways, consolidating the gains seen mid-month. Commodity Evolution's assessment for the Rotterdam P1020A duty-paid in-warehouse (dp) premium stood at $205-$225/t, unchanged from August...
Asian Copper Cathode Market: Premiums Rise in Shanghai, Stability in Southeast Asia
In the week ending Tuesday, August 26, the imported copper cathode market in Shanghai saw premiums rise, supported by increased trading activity. Improving import arbitrage conditions fueled this momentum, which stimulated buyer appetite. A Shanghai-based trader...