In our first edition of the pallet pricing newsletter, we explore the market response macroeconomic trends and reveal our forecast for the rest of the year.

The recycling of lithium iron phosphate (LFP) batteries remains at a nascent stage in Europe as we approach LME Week 2024, with weak lithium prices and a lack of buyers for LFP black mass keeping its economic viability low.

Fastmarkets proposes to discontinue its MB-LI-0038 lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, technical and industrial grade, spot price range exw domestic China, yuan/tonne.

German copper producer Aurubis is maintaining a premium of $228 per tonne FCA for 2025 for its European clients, Aurubis has confirmed to Fastmarkets.

Fastmarkets has corrected its MB-LI-0012 spodumene min 6% Li2O, spot price, which was published incorrectly on Wednesday September 25.

Amidst economic shifts, Ukraine's grain export volumes fell by 165,000 tonnes to 682,000 tonnes in the week leading to September 19, according to the State Customs Service's latest data

Fastmarkets has corrected its MB-FEC-0021 ferro-chrome high carbon 6-8.5% C, basis 65-70% Cr, max 1.5% Si, delivered Europe, which was published incorrectly on Tuesday September 24.

Fastmarkets will postpone the discontinuation its lithium contract price assessments until the end of 2024, instead of the original discontinuation scheduled for October 2024.

Read the full transcript from episode 6 of Fast Forward podcast on trading power and the role of the London Metal Exchange (LME) in the energy transition with CEO Matthew Chamberlain.

This week’s multiple announcements by the majority state-owned Saudi Arabian mining company Ma’aden that it was acquiring shares of aluminium producers in the region shows that the Middle Eastern aluminium industry has matured, according to Fastmarkets analyst Andy Farida