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Spot activity slows across global copper market
Copper demand remains weak in China and Europe, with some European sources noting liquidity heading to the US while others note the market is slightly less quiet than the previous month and American sources agree that the market appears to be stabilizing from previous highs
June 27, 2024
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By Albert MacKenzie, Sally Zhang, Rae Boyadjis
Insights
Correction to soybean crush margins on June 20, 2024
Fastmarkets has corrected its US, Brazil and China (US Gulf) soybean crush margins, which were published incorrectly on June 20.
June 26, 2024
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Insights
Missing data point for fluorspar prices
Fastmarkets has observed a missing data set in its fluorspar fob China pricing history. Price data for three fluorspar, FOB China assessments for February 8, 2024, were missing due to a reporter error.
June 26, 2024
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By Nina Hu
Insights
Correction to Australia, Brazil alumina FOB indices on June 25
Fastmarkets has corrected its MB-ALU-0002 alumina index, fob Australia and its MB-ALU-0010 alumina inferred index, fob Brazil, which were published incorrectly on Tuesday June 25 due to a back end calculation error.
June 26, 2024
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By Laura Roberts
Insights
BASF to cancel $2.6 billion nickel-cobalt refining project in Indonesia
German chemical producer BASF announced on Monday June 24 that it will exit a $2.6 billion investment in a nickel-cobalt refining project in Weda Bay, Indonesia due to significant changes in the nickel market since the inception of the project
June 26, 2024
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By Sybil Pan
Insights
EU weekly soybean imports at 228,000 tonnes with year-to-date volumes down 1%
The European Commission released its latest set of data on the imports of soybean, soybean meal, rapeseed, sunflower oil and palm oil into the EU
June 26, 2024
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By Yana Sukharska
Insights
Rare earth prices stabilize as sellers resist further decreases
China’s magnet rare earth prices were flat in the week to Thursday June 20, with sellers resisting a further price decline amid persisting weak demand, Fastmarkets heard
June 26, 2024
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By the Fastmarkets team, Solomon Cefai
Insights
New ARZYZ FRP project opportunity for Mexico to depend less on imports
Mexican secondary aluminium alloy smelter and distributor of primary metals ARZYZ Metals expects that the company’s new project to produce domestic flat-rolled products (FRP) will reduce Mexico's dependence on imports, a press officer told Fastmarkets on Monday June 24
June 26, 2024
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By Leticia Simionato
Insights
Aluminium use in China’s NEVs to surge by 2030, but challenges exist
The aluminium market in China was expected to come under massive demand from the new energy vehicle (NEV) sector in the years ahead, but the aluminium industry still faced various challenges in the application of the metal in NEVs, Fastmarkets has learned.
June 25, 2024
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By Ruby Liu
Insights
Interview with Jeremy Weir, CEO of Trafigura | Fast Forward podcast episode 3 transcript
Read the full transcript from episode three of Fast Forward podcast with Andrea Hotter on geopolitics and the energy transition with Trafigura's Jeremy Weir.
June 25, 2024
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Insights
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