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The publication of Fastmarkets’ chrome ore South Africa UG2 concentrates index basis 42%, cif China, $/tonne and ferro-chrome lumpy Cr benchmark indicator, charge basis 52% (and high carbon), Europe, $/Ib for Tuesday October 27 were delayed because of a reporter error.
Several large steel projects located in Southeast Asia, underpinned by Chinese investment, are nearing completion and will provide a huge boost to production capacity in the region.
Base metals prices on the London Metal Exchange were firmer this morning, Tuesday October 27, despite some strong headwinds from little progress on the next US Covid-19 relief package and surging infection rates across Europe and the United Sates.
Fastmarkets rounds up the key discussion points on lithium project investments and offtake agreements from the first day of its virtual Lithium Supply & Markets conference from October 26-28.
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We recognize the importance of being clear about our price assessment and index process. Our independently audited pricing process aligns with core IOSCO principles. Find out how our price reporters and analysts assess and forecast prices in agriculture, forest products and metals
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In Hotter Commodities, special correspondent Andrea Hotter cuts to the chase on the biggest stories impacting the natural resources sector, what it means for the markets, the key risks and opportunities.
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