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Correction to Refined bleached deodorised palm stearin fob Indonesia on October 16: pricing notice
The spot price for AG-PLM-0022 refined bleached deodorised (RBD) palm stearin fob Indonesia was published incorrectly on Thursday as $1,070 per tonne and has been corrected to $1,050 per tonne. The M1 November price for refined bleached deodorised palm stearin on Thursday has also been corrected to $1,050 per tonne from $1,070 per tonne. Fastmarkets’ pricing database […]
October 17, 2025
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By Regina Koh
Insights
Saudi Arabian miner Maaden seeks to double output, global reach under CEO Wilt: LME Week 2025
Saudi Arabia’s ambition to become a global mining powerhouse is no longer only a vision; it is now a sprint. Robert Wilt, chief executive officer of Maaden, outlined the company’s rapid transformation into one of the world’s largest diversified miners, driven by speed, scale and technology.
October 17, 2025
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By Xiaoying Du
Insights
Iron ore the new pawn in global geopolitics as China pushes yuan payments
Iron ore is now the new pawn in international geopolitics, with China now pushing yuan-based payments for imported iron ore
October 17, 2025
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By Paul Lim, Alice Li, Shu Yi Zheng, the Fastmarkets team
Insights
Freeport targets 2026 copper concentrates terms above $21.25 benchmark with floor-cap system: LME Week
Freeport’s 2026 copper concentrate contracts introduce a higher floor-cap pricing structure that redefines industry benchmarks. The negotiations highlight broader shifts in global copper supply, smelting economics and pricing frameworks.
October 16, 2025
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By Julienne Raboca
Insights
New vs used pallets: The path to sustainability
Explore the benefits of buying new vs used pallets and their impact on sustainability in the packaging industry.
October 16, 2025
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By Fastmarkets Forest Products
Insights
Agriculture cash markets: Stable corn prices, quiet soybean trade
Fastmarkets’ weekly recap of the main movements in global agriculture cash markets.
October 16, 2025
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By the Fastmarkets team
Insights
US DLA cancels 7,500 tonne alloy-grade cobalt contract opportunity
The US Defense Logistics Agency has canceled its contract opportunity to purchase up to 7,500 tonnes of alloy-grade cobalt due to unresolved issues with the statement of work. The cancellation comes amid a sharp rise in cobalt prices, with the agency indicating the solicitation will be reissued once the issues are resolved.
October 15, 2025
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By Alexander Cook, Sofia Okun
Insights
‘Animal spirits’ reawaken in copper market, Gunvor base metals head says
‘Animal spirits’ are back in the copper market as supply disruptions, declining ore grades, and rising demand push prices toward $19,000–$22,000 per tonne, with long-term demand supported by electrification, defense, and global infrastructure growth.
October 15, 2025
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By Julienne Raboca
Insights
Copper smelters not yet at ‘peak pain’ despite tight concentrate market, Mercuria says
Why copper smelters are holding strong despite tight margins and global supply pressures
October 15, 2025
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By Julienne Raboca
Insights
Global ferro-chrome markets navigate supply chain shifts in wake of cutbacks in South Africa: LME Week
The ferro-chrome supply chain has been reshaped in 2025 following deep production cuts in South Africa, prompting global producers to seek new sources and adapt to changing trade flows, with China’s growing chrome network partially offsetting the shortfall.
October 15, 2025
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By Tina Tong, Claire Patel-Campbell
Insights
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