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Three macro factors to impact purchasing decisions | 2024 preview
Now that we are moving into 2024, it’s a good time to take a look at what to expect over the next 12 months. In this market outlook, we’ll dive deep into the global macroeconomic landscape and its impact on shifting consumer behaviors and its impact on economies worldwide. The global macroeconomic keyword for 2024 […]
January 30, 2024
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By Lasse Sinikallas
Insights
IGO increases frequency of spodumene concentrate offtake pricing from Greenbushes mine
Australian miner IGO Ltd will reset its spodumene concentrate offtake volumes pricing from the Greenbushes Operation every month, effective from January 1, 2024,
January 29, 2024
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By Zihao Li
Insights
Falling spodumene prices pressure Pilbara Minerals’ quarterly revenue
Australian spodumene producer Pilbara Minerals recorded an increase in spodumene sales in the fourth quarter of fiscal year 2024, although realized prices fell, the company announced on Wednesday January 24
January 29, 2024
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By Callum Perry
Insights
The challenging world of Russian aluminium sanctions | Hotter Commodities
The London Metal Exchange is finding that when it comes to metal of Russian origin, and in particular aluminium, it can't please all of the people all of the time.
January 29, 2024
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By Andrea Hotter
Insights
Graphite anode supply chain localization proceeding but challenges remain
Supply chain localization of the graphite industry is a trend that is expected to continue in 2024 amid ongoing geopolitical tensions and excess capacity in Mainland China, the major holder of the global anode supply. Challenges remain, however, sources told Fastmarkets
January 29, 2024
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By Sybil Pan, Jon Stibbs
Insights
Early publication of international ferrous scrap prices
Fastmarkets’ international ferrous scrap prices were published earlier than scheduled on Friday January 26 due to an error.
January 26, 2024
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By Sean Barry
Insights
China’s refined nickel export volume soars in 2023
Volume of refined nickel exported by China soared in 2023, official customs data released on Monday January 22 shows, after new entrants in the refining business stepped up their sales efforts in the overseas market
January 26, 2024
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By Dylan Duan
Insights
UG2/MG chrome ore prices tick up as buying interest boosts confidence
Fastmarkets’ weekly calculation of its chrome ore South Africa UG2/MG concentrates index, cif China was $283 per tonne on Tuesday, up from $281 per tonne on January 9. The index had held at $281 since December 19, 2023. The index had seen pockets of stability throughout 2023, including the most recent period, which lasted from December 19 […]
January 25, 2024
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By Claire Patel-Campbell, Tina Tong
Insights
Weak Chinese alloys markets, strong bulk ores markets expected post-Lunar New Year
The market for downstream ferro-alloys — including ferro-chrome, silicon-manganese, ferro-manganese, ferro-silicon and vanadium — should remain weak after the Lunar New Year due to oversupply, sources told Fastmarkets. But the market for alloy ores, such as chrome ore, manganese ore and tungsten concentrates, should remain with stronger fundamentals after the February 10-17 holiday, sources said. […]
January 25, 2024
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By Jessica Long, Tina Tong
Insights
Russia boosts sunflower oil share in Turkey, while Iran markets slow
There has been a recent uptick in sunflower oil offers from Russian sellers, with many trades of Russian-origin sunflower oil taking place last week
January 25, 2024
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By Anna Platonova
Insights
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