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Delayed publication of manganese ore fot indices
The publication of Fastmarkets' manganese ore fot indices for Monday October 9 was delayed due to a reporter error.
October 10, 2023
·
By Tina Tong
Insights
LME trialing VWAP expansion ahead of January launch, CEO says: LME Week | Hotter Commodities
The London Metal Exchange (LME) is trialing the expansion of its closing price methodology across five of its base metals contracts ahead of launching next year, the exchange’s chief executive officer told Fastmarkets
October 9, 2023
·
By Andrea Hotter
Insights
Nickel industry rules out Class 2 products for LME contract delivery, CEO says: LME Week | Hotter Commodities
Nickel market participants rejected the idea of making nickel sulfate or other Class 2 products eligible for delivery against the Class 1 London Metal Exchange (LME) contract and want the exchange to instead focus on fixing the existing contract, according to the LME chief executive officer
October 9, 2023
·
By Andrea Hotter
Insights
LME CEO confident in stability of nickel contract: LME Week | Hotter Commodities
While there’s more work to be done, stability has been restored to the London Metal Exchange nickel contract and confidence in its value as a pricing mechanism is starting to return, according to the exchange’s chief executive officer
October 9, 2023
·
By Andrea Hotter
Insights
Currency volatility looms large over alloys, steel markets: LME Week
Volatility in key currencies has been at the forefront of the minds of many steel and ferro-alloys producers, traders and buyers in 2023
October 9, 2023
·
By the Fastmarkets team, Cem Turken, Janie Davies, Serife Durmus, Claire Patel-Campbell, Holly Chant
Insights
Smurfit Westrock: How could the merger change paper packaging capacity share in Latin America?
The merger will set new paper packaging market leaders in the region, said Fastmarkets’ analyst
October 9, 2023
·
By Rafael Barisauskas
Insights
Nine Dragons to start up 1.55 million tonnes per year of paper and board capacity in China
The paper packaging giant’s announcement comes amidst reports of more projects being delayed or canceled
October 9, 2023
·
By the Fastmarkets team
Insights
Weak demand across global base metal markets as LME warehouse stocks continue to climb: LME Week
Rising base metal stock levels on the London Metal Exchange continue to highlight a poor physical demand environment, with the anticipated return in global demand remaining a key talking point ahead of LME Week, participants told Fastmarkets on Friday October 6
October 9, 2023
·
By the Fastmarkets team, Imogen Dudman, Albert MacKenzie, Josh Fulton, Laura Roberts
Insights
Bearish investors hinder near-term copper, but outlook still strong, Codelco chair says: LME Week | Hotter Commodities
The short-term outlook for copper is being understandably muted by investors’ macroeconomic and geopolitical concerns despite an ongoing positive story for the longer term, the chairman of Chilean state-owned copper producer Codelco said in an interview
October 9, 2023
·
By Andrea Hotter
Insights
Codelco negotiating lithium JV with SQM, chairman says: LME Week | Hotter Commodities
Codelco is currently negotiating with fellow Chilean miner Sociedad Quimica y Minera (SQM) to create a lithium production partnership, the chairman of the state-owned copper producer told Fastmarkets
October 9, 2023
·
By Andrea Hotter
Insights
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