The Democratic Republic of Congo (DRC) has moved to impose a suspension on exports of cobalt for four months due to the low-price environment at the start of the year, according to documents seen by Fastmarkets and sources close to the situation.

Increased metal refining capacity in China and Indonesia has led to a rise in production of Chinese and Indonesian cobalt metal brands. Data gathered from pricing sessions shows an increase in the trading activity of these brands on a spot and forward basis in the in-whs Rotterdam market. This data also shows these brands transacting […]

Brazilian tallow prices rose further in the week to Thursday, February 20, mainly supported by stronger exports. Suppliers kept their offers at higher levels despite unexpected changes in the country’s biodiesel mandate. The price reference for exported Brazilian tallow with a maximum of 15% free fatty acids (FFA), FOB Santos, was assessed at $1,050-1,080 per […]

The publication of Fastmarkets’ Chinese battery-grade lithium carbonate and hydroxide prices for Thursday February 20 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.

More than one week after US President Donald Trump announced 25% tariffs on all steel and aluminium imports, the aluminium markets in Mexico, Argentina and Brazil are still worried about the consequences and ongoing uncertainty around the potential implications for global trade flows, sources told Fastmarkets.

The US has the opportunity to be self-reliant on manganese for use in batteries once South32’s Hermosa project is up and running, the president of Hermosa told Fastmarkets.

During the consultation period, Fastmarkets received extensive feedback from all sectors of the European aluminium industry. You can find the original consultation notice here. Fastmarkets will now evaluate the written comments received, before publishing a final decision on the consultation. If you would like to provide price information by becoming a data submitter, please contact Sayaka […]

The European Union’s weekly wheat exports amounted to 243,324 tonnes in the week to Sunday, February 16, according to initial data from the European Commission. Total wheat exports from the EU for the 2024/25 marketing year stood at 13.34 million tonnes, down by 36% compared with the same period in the previous marketing year, when […]

The following prices were published with a delay of 16 hours and 39 minutes: MB-MAG-0018 – Magnesia, dead burned, 95% MgO, fob Europe, $/tonneMB-MAG-0013 – Magnesite, Greek, raw, max 3.5% SiO2, fob East Mediterranean, €/tonneMB-MAG-0012 – Magnesia, European calcined, agricultural, cif Europe, €/tonneMB-MAG-0019 – Magnesia, fused, 97% MgO, cif Europe, $/tonne These prices are a part […]

The rationale was missing the backwardation data on Monday. The following line has been added to the rationale for MB-AL-0020 aluminium P1020A premium, ddp Midwest US: “The LME C/3M spread was trading at a $38.37/t backwardation at the time of assessment on Monday, compared to a $23.00/t backwardation on Friday.” The published price is unaffected by this […]