The world is producing too much aluminium.

Source: COLUMN-Petcoke: the ticking time bomb at the heart of aluminium: Andy Home

Source: The Nervous(?) Nine – Lord Copper

The recovery in copper prices from six-year lows has been driven by stocks of refined metal flowing into China as well as a string of mine closures that promise to tighten the market over the next couple of years. Copper plummeted to its lowest

Source: Copper buoyed by China’s import window – FT.com

JOBS: Magnesium Trader, Switzerland

Global copper consumption growth will be only 2.5% this year, down from the previous 4.5%, on a slowdown in China and other emerging markets, Societe Generale

COLUMN-What’s 40 million tonnes of Chinese steel between friends?: Andy Home

Mining communities in Zambia and the Democratic Republic of Congo fear they will be devastated by Glencore’s decision to shut down in the region for 18 months.

LME says in talks on launch of precious metals derivatives

The Bloomberg Terminal, a Wall Street Fixture, Faces Upstarts

Source: The Bloomberg Terminal, a Wall Street Fixture, Faces Upstarts – The New York Times

JOBS: Commodities Product Development – Associate / VP – JP Morgan, London

JOBS: Market Operations, Trade Support, Metals and Agriculture, 6 mth contract – Macquarie, London

When Hong Kong Exchanges and Clearing (HKEx (HKSE: 0388-OL.HK – news) ) bought the venerable old London Metal Exchange (LME) back in 2012, it did so with eyes firmly fixed on China. The vision was to leverage the LME’s near monopoly on base metals pricing in the rest of the world to open up the world’s fastest-growing metals market. What HKEx almost certainly wasn’t expecting back in 2012 was a challenge to the LME’s existing franchise outside of China.

Source: COLUMN-CME challenges LME in its metals trading heartland: Andy Home – Yahoo Finance UK

Glencore (Xetra: A1JAGV – news) ‘s Monday announcement of a multi-pronged debt reduction programme has boosted its share price by 17 percent and the copper price by five percent from their respective Friday closes. London Metal Exchange (LME) three-month copper hit a six-year low of $4,855 per tonne on Aug. 24 and closed last week at $5,120. Glencore alone can’t put a floor under the copper market.

Source: COLUMN-Glencore hasn’t lost its copper market mojo: Andy Home – Yahoo Finance UK

Industrial metals continued their ascent on Wednesday, with aluminium, zinc and lead playing catch-up with copper, which has gained 5 per cent this week. Aluminium for three-month delivery on the London Metal Exchange rallied 1 per cent to $1,649.50

Source: Metals climb on plans for output cuts – FT.com

Commodity rout unlike 2008 recession, no China to the rescue: Russell

Tin Market Gets Squeezed After Trader Amasses Dominant Position

LME aluminium looks set for rollercoaster ride.

COLUMN-Is another showdown looming on aluminium spreads?: Andy Home

Commodity indexing embraces new methods

Crime and Punishment. Oh, and Scapegoating

Commodities carnage: deep value play or endgame?

Commodities caught in Federal Reserve crossfire

This isn’t the time to ditch commodities