February 28, 2020

Shanghai copper, zinc inventories near 3-year high as virus hits demand

Copper stockpiles rose 4.1% to 310,760 tonnes this week, while zinc inventories were up 11.8%.

February 28, 2020

Worst commodity returns since 1987 spawned by virus sell-off

Bloomberg Commodity Index slid for a fifth session Friday, in the worst performance since September 2011.

February 27, 2020

Chinese metals association suggests stockpiling as virus hits demand

The start of stockpiling "can effectively alleviate the increase in inventory" at metal producers.

February 26, 2020

Rio Tinto’s best earnings since 2011 clouded by virus risks

Company announced ordinary dividend of $6.2 billion in 2019 and total cash returns of $7.2 billion.

February 24, 2020

Coronavirus is double shock for China’s giant aluminium sector

The London Metal Exchange aluminium price sank to a three-year low of $1,685 per tonne at the start of February.

February 18, 2020

China’s copper imports and aluminium consumption to drop again in 2020

Chinese smelters, facing high inventories of sulphuric acid and logistical problems with the coronavirus outbreak, have been forced to cut production.

February 17, 2020

China’s metal exporters face order cancellations, damage claims amid virus

Companies have informed Chinese suppliers they are not accepting deliveries.

February 12, 2020

South32 profit plunges on weak commodity prices

Prices of South32's top three commodities - metallurgical coal, aluminium and manganese - slumped in 2019.

February 11, 2020

The periodic table and the road to resource nationalism

Many countries are starting to look inward to meet their own needs as well as broaden their economic portfolio.

February 6, 2020

LME to keep open-outcry closing prices after electronic trial

During a consultation period, some LME users said it was difficult to obtain guaranteed execution against closing nickel prices when the electronic system was used