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China’s lithium prices continue downtrend amid weak futures market
China’s lithium prices extended loss over the week to Thursday March 28 after a major slump in the futures market on Monday March 25, while consumers continued to restock on a hand-to-mouth basis, sources told Fastmarkets
April 2, 2024
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By the Fastmarkets team, Dalila Ouerghi, Zihao Li
Insights
Amendment to Europe/US lithium prices and launch of US/Canada lithium prices
Fastmarkets will amend the specifications of its existing price assessments for Europe/US lithium spot battery-grade and technical-grade lithium hydroxide and carbonate to remove the US footprint, and will launch weekly price assessments for spot battery-grade and technical-grade lithium hydroxide and carbonate for the United States and Canada on Thursday April 4.
March 28, 2024
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By Grace Asenov
Insights
Bulls roam the streets of Shanghai as supply-side factors compound
A bullish consensus formed last week in Shanghai as leading market participants met for the annual CPICC conference and Shanghai Pulp Week. Meetings were held against the backdrop of growing concerns around market pulp and woodchip supply, while questions remained around the strength of underlying demand. Heading into the week, the rally in pulp prices […]
March 28, 2024
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By Patrick Cavanagh
Insights
Base metals miners continue to fight against inflationary pressures
The most recent financial results published by base metals mining companies highlight just how inflation is affecting profit margins, with increasing wages, financing costs and input prices all hitting profits, sources told Fastmarkets in the week to Thursday March 28
March 28, 2024
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By Albert MacKenzie
Insights
Chile lays out lithium policy details | Hotter Commodities
Chile’s government has laid out its plan to significantly boost the country’s lithium production, opening up 26 lithium salt flats for private investment and naming the Atacama and Maricunga salt flats as strategic to the state.
March 28, 2024
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By Andrea Hotter
Insights
RBD soybean oil basis futures contracts: The benefits
As the Intercontinental Exchange launches the first RBD soybean oil futures contract, David Becker explains the advantages of having an exchange-traded derivative and how this will help protect against price volatility
March 28, 2024
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By David Becker
Insights
Unraveling the dynamics of wood pulp swing lines in China
Recent developments in China’s pulp and paper industry, notably the divestment of the Anhui Huatai pulp mill, prompted a closer examination of the dynamics of swing pulp lines, particularly the delicate balance between dissolving wood pulp and paper grade wood pulp. The Anhui Huatai pulp mill, which suspended production in the first half of 2023, […]
March 27, 2024
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By Minnie Kong
Insights
Green steel blooms in Malaysia, but new moratorium could make or break it
The green steel supply chain is gradually starting up in Malaysia, largely due to stricter decarbonization-related government policies, sources said in the week to Monday March 25. One of these policies is a two-year moratorium on all expansion and diversification of manufacturing activities in the iron and steel industry
March 27, 2024
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By Nabilah Awang
Insights
Albemarle’s spodumene concentrate bidding event concludes at 9,372 yuan/t exw China: sources
The result of Albemarle’s spodumene concentrate digital bidding event on Tuesday March 26 was 9,372 yuan ($1,230) per tonne on an ex-works China basis, according to sources close to the matter
March 27, 2024
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By the Fastmarkets team, Zihao Li, Callum Perry
Insights
Century Aluminum to build green aluminium smelter in the US with DOE grant
Century Aluminum is among those selected to start award negotiations for up to $500 million in Bipartisan Infrastructure Law and Inflation Reduction Act funding to build a new aluminium smelter, the company said on Monday March 25
March 26, 2024
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By Yasemin Esmen
Insights
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