May 13, 2022

Nickel tycoon has cut big short position by more than half

Xiang Guangda bought contracts in the market to reduce his short bet by about 10,000 lots, or 60,000 tonnes, mainly in the last two weeks.

May 13, 2022

Column: China lifts metals exports as Western supply chains buckle

The current highly unusual flow of Chinese unwrought aluminum to Europe attests to the extreme dislocation in global supply chains, writes Andy Home.

May 13, 2022

Aluminum price rises on low supply as base metals end fear-filled week

“Overall in the short term, industrial metals will still remain under heavy pressure,” said the ING Bank.

May 12, 2022

Copper price hits 8-month low on slowdown fears

"Demand hopes have given way to demand concerns," said Commerzbank analyst Daniel Briesemann.

May 12, 2022

Cobalt tops Critical Materials Risk Index

In addition to ESG risks linked to its extraction, cobalt is at the top of the list because only two countries are in charge of producing and refining the battery…

May 11, 2022

Covid-19 outbreak hobbles Chinese demand for cobalt, nickel, lithium

Parts of the new-energy sector concentrated in the Yangtze Delta and southeastern China had been affected severely.

May 11, 2022

Copper price recovers as China covid cases ease

Shanghai said half the city had achieved “zero-COVID” status, but uncompromising restrictions had to remain in place under a national policy.

May 10, 2022

Chinese miners and battery makers team up in rush for lithium

“Much of the new developments involve smaller players in China looking to secure resource supply overseas," BloombergNEF analyst says.

May 10, 2022

Iron ore price at near 4-month low on interest rate, demand concerns

The US Federal Reserve approved a half-a-point interest rate hike, leading to a significant decline in commodities prices denominated in US dollars.

May 10, 2022

Column: Bear funds flex muscles on copper as macro outlook darkens

Hedge funds are turning increasingly bearish on the copper market, writes Andy Home.