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Rising freight costs causing headaches for metal firms again, but for how long? LME Week
Amid recent headlines about volatile bunker prices, rampant port congestion and a jump in ocean freight costs, metal market participants might be forgiven for thinking they have returned to 2021
October 5, 2023
·
By the Fastmarkets team, Lee Allen, Holly Chant
Insights
Global copper markets muted, European participants prepare: LME Week
The spot copper markets in Europe and the United States were very quiet in the week to Tuesday October 3, with macroeconomic headwinds pressuring demand for the red metal in both regions
October 5, 2023
·
By the Fastmarkets team, Orla O'Sullivan, Albert MacKenzie
Insights
Grain sources cast doubt on Black Sea grain initiative talks
There may be little point in restoring the four-way agreement, according to market participants
October 5, 2023
·
By Masha Belikova
Insights
Sunrise Energy Metals seeking to install $200 million nickel-cobalt refinery in US
Australia-based Sunrise Energy Metals is searching for a location in the US to build a nickel-cobalt refinery, the company confirmed to Fastmarkets
October 5, 2023
·
By Bruno Martins
Insights
Future of major Italian battery metals recycling plant in question
The future of Glencore and Li-Cycle’s major Italian hub for the recycling of key battery metals could be under threat after a request to fast-track the project was rejected by the regional government of Sardinia, southern Italy, according to a Glencore spokesperson
October 4, 2023
·
By Lee Allen
Insights
How soybean oil cost impacts biofuel production and profit margins
Fastmarkets' forecast of future output and prices
October 4, 2023
·
By Joao Morciani
Insights
Clarification of lithium pricing calendar
Fastmarkets wishes to clarify details around the following aspects of the pricing calendar for battery and technical grade lithium prices on a CIF China, Japan and Korea basis.
October 3, 2023
·
By Justin Yang
Insights
Delayed publication of Taiwan steel scrap price
This price is scheduled for publication at 6pm Singapore time, twice-weekly, but was published four hours late.
October 3, 2023
·
Insights
Argentine soybean crush woes continue amid worsening margins
The country reports the lowest monthly record of soybean crush volumes
October 3, 2023
·
By Eduardo Tinti
Insights
Spot copper concentrate TC/RCs down marginally ahead of Chinese holidays: LME Week
Spot trading in the copper concentrate market was inactive in the week to Friday September 29, with Chinese participants in holiday mode ahead of China’s weeklong break for the Mid-Autumn Festival and National Day (September 29-October 6)
October 3, 2023
·
By the Fastmarkets team, Sally Zhang, Albert MacKenzie
Insights
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