London Metal Exchange

Trafigura floods LME Malaysia warehouses with aluminium: sources

LME aluminium stocks at Port Klang jump nearly 100,000 tonnes on Oct 30 to 366,850 tonnes

 Cancelled warrants in Singapore account for nearly 70% of the total amount of lead stored in that LME location.

Citigroup plans to pull lead from LME Singapore warehouses

Companies that deliver metal for rent deals do not have to retain ownership of the metal

Trafigura Smelting Investments, a unit of the world’s largest metals trader, became the sole shareholder of Grafton Logistics Services (Singapore) in early September.

Trafigura acquires warehousing firm Grafton’s Singapore business

The deal marks the metal trader’s return to the London Metal Exchange warehousing industry

China is the biggest producer of zinc, which is used to galvanise steel and thus heavily affected by the years-long collapse in the country’s property market.

China plans zinc exports as global rally opens window for sales

Cash prices on the London Metal Exchange have surged above futures, signalling a growing shortage in western markets

Demand for physical copper from real-world consumers has been lacklustre in recent months, a fact that has given even die-hard bulls pause for thought.

Copper bulls’ LME week party clouded by Trump’s China threats

Prices have been lifted by a series of drastic supply disruptions

OCBC forecasts silver prices to reach US$39.70 per ounce by end-2025 and US$42 per ounce by mid-2026, reinforcing a bullish outlook.
COMMODITY INSIGHTS

Is the silver squeeze about to get worse?

Tight supply, rising industrial demand and surging borrowing costs are keeping the metal’s prices near multi-year highs

After US President Donald Trump’s announcement, the price spread between the Comex and LME copper futures skyrocketed.
COMMODITY INSIGHTS

Trump’s 50% tariff shocker stokes copper market mayhem

Analysts expect US copper prices to remain elevated

The restriction requires holders of long positions which are greater than the total stocks levels to lend back to the market at a zero premium.

LME imposes new restrictions on holders of large positions

The exchange is the world’s oldest and largest market for industrial metals

The exchange sparked widespread fury by retroactively cancelling US$12 billion of trades booked as prices spiked, arguing that allowing them to stand would have led to the bankruptcy of numerous clearing members and trigger a “death spiral” through the market.

FCA fines LME £9.2 million for failings during nickel crisis

The fine is the first enforcement action the FCA has ever taken against a UK exchange

Trump's steel and aluminium tariffs raise concerns that demand from rate-sensitive sectors such as construction and automotive could be affected.
COMMODITY INSIGHTS

Price spikes, demand fears cast shadow over metal markets amid Trump’s 25% tariffs

Markets are ‘in the dark’ as key details of Trump’s tariffs on steel and aluminium imports are still pending; experts fear heightened volatility