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OfBusiness Zinc Daily Market Report | 24th April 2024
Zinc
Daily Market Report
24 April

OfBusiness Zinc Daily Market Report | 24th April 2024

As of yesterday, LME zinc opened at $2825/ton yesterday evening, and hit a high of $2827.5/ton before falling back to $2758/ton, and closing at $2790/ton, a decrease of $36.5/ton or 1.29%.
OfBusiness Aluminium Daily Market Report | 24th April 2024
Aluminium
Daily Market Report
24 April

OfBusiness Aluminium Daily Market Report | 24th April 2024

As of Tuesday, LME opened at $2670/ton and closed at $2584/ton. Today, the markets have opened at $2585/ton. SHFE opened at Yuan 20550/ton and closed at Yuan 20320/ton.
OfBusiness Copper Daily Market Report | 24th April 2024
Copper
Daily Market Report
24 April

OfBusiness Copper Daily Market Report | 24th April 2024

LME copper prices, yesterday, closed at $9,739/ton, down by 1.27%. Today, LME copper prices, LME copper prices, trading at $9,818.50/ton, up by 0.82%.
Anglo American Copper Output Jumps, Offsetting Diamond Tumble

Anglo American Copper Output Jumps, Offsetting Diamond Tumble

Anglo American, amid first-quarter diamond production fall, increased its copper output by 11% to 198,000 metric tons, fueled by Quellaveco mine in Peru. The firm also raised its steelmaking-coal production by 7% to 3.8 million tons.
Aluminium Dropped On Profit Booking After Prices Gained On Supply Concerns

Aluminium Dropped On Profit Booking After Prices Gained On Supply Concerns

Aluminium prices fell due to profit booking, following an initial surge driven by supply worries. Despite global supply chain concerns, Indian traders netted profits, causing a temporary dip in prices.
OfBusiness Zinc Daily Market Report | 23rd April 2024
Zinc
Daily Market Report
23 April

OfBusiness Zinc Daily Market Report | 23rd April 2024

As of yesterday, LME zinc opened at $2,852/ton, and rose to $2,873/ton, but then fell back to $2,801.5/ton before closing at $2826.5/ton, down $24.5/ton or 0.86%.
OfBusiness Copper Daily Market Report | 23rd April 2024
Copper
Daily Market Report
23 April

OfBusiness Copper Daily Market Report | 23rd April 2024

LME copper prices, yesterday, closed at $9,865/ton, up by 1.34%. Today, LME copper prices, LME copper prices, trading at $9,747/ton, are down by 1.20%.
OfBusiness Aluminium Daily Market Report | 23rd April 2024
Aluminium
Daily Market Report
23 April

OfBusiness Aluminium Daily Market Report | 23rd April 2024

As of Monday, LME opened at $2667/ton and closed at $2666/ton. Today, the markets have opened at $2670.5/ton. SHFE opened at Yuan 20365/ton and closed at Yuan 20570/ton.
Aluminium Market: Weekly Overview (13th April - 19th April 2024)

Aluminium Market: Weekly Overview (13th April - 19th April 2024)

The latest transformations in the aluminium market, including U.S. tariffs on Chinese imports, LME's ban on Russian aluminium, and RUSAL's AI innovation. Gain insights into the implications for the industry and market dynamics.
Nornickel set to build copper plant in China after shutting Russian factory

Nornickel set to build copper plant in China after shutting Russian factory

Russian mining company Norilsk Nickel plans to relocate its copper plant closer to railroad networks. The decision aims to ease transportation challenges and expand access to the Indian market, optimizing its commodity exports.

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