The battery-grade lithium hydroxide price in the seaborne Asian market has been mostly at parity with its peer in the domestic Chinese market during May, with the former closely tracking the latter amid overall tight spot availability in the region.

Base metals prices on the London Metal Exchange were mainly stronger this morning, Thursday May 20, on dip buying, while those on the Shanghai Futures Exchange were down across the board in reaction to the 3.5% average loss on the LME on Wednesday.

London Metal Exchange three-month copper futures hit $10,720 per tonne in May amid disruption from the Covid-19 pandemic and political tensions affecting material supply from mines.

Turkish steel mills resumed booking deep-sea scrap late on Tuesday, resulting in higher prices, sources told Fastmarkets on Wednesday May 19 - the start of a public holiday in the country.

Our weekly recap of the main movements in global cash markets after the World Agricultural Supply and Demand Estimates (Wasde) May report.

Brazil's northern ports - the so-called Northern Arc - will be pivotal in driving the country’s corn and soybean exports over the next decade due to the new investments that will continue to improve the region’s infrastructure, sources said.

The United States plans to “make up for lost time” in the battle against climate change by developing new technologies and investing in the products that will drive the transition to a global, low-carbon economy, according to the country’s Treasury chief, Janet Yellen.

Turkish steelmakers remained quiet in the seaborne scrap market on the second working day of the week amid holiday and lockdown periods, market sources told Fastmarkets on Tuesday May 18.

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were up across the board this morning, Tuesday May 18, and once again recent dips have been short-lived and not that deep, suggesting sentiment remains robust.

Turkish steel mills made no deep-sea scrap bookings on Monday May 17, the first working day of the week after the Eid al-Fitr holiday, market participants told Fastmarkets.