Insights

Filter:
Latest First ↑

Aluminium: China Springs a Surprise

14th September 2023: LME three-month aluminium prices tumbled in the first half of this year, but the fall was halted in Q3 and we expect…

September 22, 2023

Read more

LME COTR: Follow the money!

2nd August 2023: Base metal prices have a close relationship with LME net speculative positions. Tracking these speculative flows helps to explain why markets are…

August 2, 2023

Read more

Base Metals: Diversity And Green Credentials

14th July 2023: LME base metal prices showed mixed trends in H1 2023. While tin prices jumped, the rest of the complex retreated. Headwinds are…

July 14, 2023

Read more

Base Metals: China Flatters to Deceive

Base Metals Copper Nickel Primary Aluminium Tin Zinc

15th May 2023: Base metal prices have diverged so far year, as fundamental drivers have started to reassert themselves. In particular, tin was supported by…

May 15, 2023

Read more

Copper Arbitrage: China Says Go; Investors Say No

Copper

Copper prices have fallen in recent weeks, as financial markets have started to worry about the impact of rising US interest rates and the ripples…

March 22, 2023

Read more

Base Metals: China Bounce Back to Boost Prices

Base Metals Copper Lead Nickel Primary Aluminium Zinc

31st January 2023: Last year was a weak period for most of the base metals and prices trended lower through the year, although nickel was…

January 31, 2023

Read more

Tin: A Triumph of Hope over Reality

Tin

12th December 2022: Tin prices have rallied in recent weeks, as LME speculators have gone from net short to net long. Like other base metals,…

December 12, 2022

Read more

China: Don’t Believe the Hype

Base Metals China

25th November 2022: Base metal prices have rallied in recent weeks with PMI survey data for November suggesting some improvement in Europe and the USD…

November 28, 2022

Read more

Base metals: Micro Outweighs Macro

Base Metals Copper

Base metal prices have rallied in recent weeks and copper prices have jumped, despite the backdrop of weakness in global manufacturing and continued lockdowns in…

November 11, 2022

Read more