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Chinese battery giant CATL has suspended operations at its Jianxiawo lithium mine in Jiangxi after its permit expired, sparking price jumps in lithium futures and spot markets. Analysts note the halt could influence supply and market sentiment despite CATL’s assurance of minimal operational impact.
US corn futures were up on Thursday August 7 after falling for three consecutive sessions, but upside momentum was limited by sluggish weekly net sales and exports, along with adequate soil moisture supporting crop development.
Crude palm oil (CPO) futures extended losses from the previous day on Thursday August 7, as weakness in related oils, caution over higher Malaysia stocks and profit-taking prevailed.
The International Emissions Trading Association (IETA) has called for a fundamental rethink of the proposed rules under Article 6.4 of the Paris Agreement on climate change.
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