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Possible change in China’s zero-Covid policy drives base metals prices up; nickel up 8.2%
Three-month prices for base metals on the London Metal Exchange all rose at the 5pm close of trading on Tuesday November 1, with nickel’s price increasing by 8.2%
November 1, 2022
·
By Albert MacKenzie
Insights
First nickel MHP assessment shows demand remains strong with domestic Chinese nickel sulfate prices rising
The Chinese battery-related nickel market has continued to show strength, with domestic prices rising and demand appearing strong for intermediate feedstock products such as nickel mixed-hydroxide-precipitate (MHP). But the international sulfate market has continued to show weakness on a spot basis with little buying interest reported.
November 1, 2022
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By Callum Perry, Yiwen Ju
Insights
European steel and aluminium sectors call for cautious implementation of carbon import levy
Trade body European Aluminium and the European steel association, Eurofer, have teamed up with other sectors facing a proposed carbon levy on imports, to call for a gradual implementation of the new regulations supporting the EU's transition to climate neutrality by 2030
November 1, 2022
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By Holly Chant
Insights
Wheat futures jump after Russian withdrawal from grain corridor deal
Market participants weigh the impact of the Russian withdrawal from the free corridor deal
November 1, 2022
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By Mark Shenk
Insights
‘Black mass’ needs common global specs to commoditize recycled battery raw materials
Black mass will require a set of global specifications for recycled battery materials for it to be commoditized.
November 1, 2022
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By Paul Lim
Insights
LME base metal futures mostly down, zinc reaches 18 month low
Base metal futures on the London Metal Exchange bar aluminium were down on Monday, October 31, the first full day of trading following LME Week
October 31, 2022
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By Callum Perry, Josh Fulton
Insights
Decline of Russian steel in US negates need for sanctions
Imports of Russian steel into the United States have dropped precipitously this year, negating the need for a formal ban similar to the one reportedly being considered for aluminium
October 31, 2022
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By Grace Asenov
Insights
China to tighten import thresholds for impurities in metal concentrates, sources say
The Chinese government plans to lower the import thresholds for impurities contained in metals concentrates, indicating that the old standards are no longer practical, sources have told Fastmarkets
October 31, 2022
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By Julian Luk
Insights
New generation energy hedging: When should you mitigate your cobalt exposure?
Cobalt futures volume and open interest are accelerating on the CME
October 31, 2022
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By David Becker, Alexander Cook
Insights
What are the impacts of Russia’s war in Ukraine on global pulp markets?
A review by Patrick Cavanagh as he takes a deep dive into the specific impacts of the war on wood pulp markets and revisits initial predictions
October 31, 2022
·
By Patrick Cavanagh
Insights
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