Fastmarkets proposes to amend the chemical specifications of its indices for high grade CIF and FOT Tianjin manganese ore.

The publication of Fastmarkets’ Turkey steel scrap indices for Thursday June 27 was delayed because of a technical error.

US corn futures dropped for a sixth consecutive trading day on Wednesday June 26 while rain continued to fall in growing areas of the Midwest, with market participants positioning before a USDA acreage report to be released on Friday.

The publication of Fastmarkets’ price assessment for MB-LI-0012 Spodumene min 6% Li2O, spot price, cif China, on Thursday June 27 was delayed because of an error in the approval process. Fastmarkets’ pricing database has been updated.

Australia's Lynas Rare Earths, the largest rare earth product producer outside China, is doubling down on plans to produce separated heavy rare earth products for high-performance magnets in Malaysia, alongside its existing project in the United States, it announced on Thursday June 27

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

Fastmarkets has corrected its US, Brazil and China (US Gulf) soybean crush margins, which were published incorrectly on June 20.

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.

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.

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