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London Metal Exchange

Platts to launch 'green' aluminium prices in April
Markets

Platts to launch 'green' aluminium prices in April

  • The metals sector has struggled with adopting common standards for low-carbon aluminium as rival producers fight for market share among consumers who are under pressure to cut their own emissions footprints.
  • S&P Global Platts said it would start issuing daily prices for both low-carbon and zero-carbon aluminium on April 6.
Published 05 Mar, 2021 06:53pm
Nickel collapse triggers slide across industrial metals
Markets

Nickel collapse triggers slide across industrial metals

  • Benchmark copper on the London Metal Exchange (LME), which hit a 10-year high of $9,617 a tonne last week, was on track for its worst day since October as it lost 4.2% to $8,720.
  • Nickel, meanwhile, tumbled for a second day. Having reached a seven-year high of $20,110 last week, it traded at $16,175 a tonne, down 7.1% and set for its biggest one-day loss since 2016.
Updated 04 Mar, 2021 09:51pm
Copper prices slip
Markets

Copper prices slip

LONDON: Copper prices eased on Wednesday as the higher dollar prompted profit-taking, but low inventories and...
Published 18 Feb, 2021 04:08am
Copper rises as dollar weakens to near 1-week low
Markets

Copper rises as dollar weakens to near 1-week low

  • The dollar languished near its lowest in a week as investors began entertaining doubts about the scale of a recent rally driven by expectations of a faster pandemic recovery in the United States than elsewhere.
Published 09 Feb, 2021 12:16pm
Copper prices up
Markets

Copper prices up

LONDON: Copper prices rose on Friday, boosted by a weak dollar and hopes for better metals demand due to improved...
Published 06 Feb, 2021 04:06am
Copper under pressure
Markets

Copper under pressure

LONDON: Copper prices came under pressure on Friday from profit-taking on long positions triggered by the higher...
Published 30 Jan, 2021 03:55am