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COBALT FUTURES SNAPSHOT: First trade concluded for 2023, open interest grows
The latest analysis from recent activity on the CME Group’s cobalt metal futures contract, cash-settled against Fastmarkets’ price assessment for cobalt, standard grade, in-whs Rotterdam.
June 18, 2021
·
By Susan Zou
Insights
TAIWAN STEEL SCRAP: Prices rebound on improving sentiment, costlier bulk cargoes
Prices in the Taiwanese containerized ferrous scrap import market rebounded this week amid improving sentiment and competition for material in the bulk market, sources told Fastmarkets.
June 18, 2021
·
By Paul Lim
Insights
MORNING VIEW: LME base metals run into dip buying after recent weakness
Rebounds were under way in the base metals complex in London this morning, Friday June 18, while in Shanghai the base metals mostly reflected the weakness seen on the London Metal Exchange on Thursday.
June 18, 2021
·
By William Adams
Insights
PRICING NOTICE: Proposal to amend China Grayback Coated Duplex Board assessment
Fastmarkets RISI is proposing to amend the price assessment for China Grayback Coated Duplex Board (Commodity) in PPI Asia. Following the launch of two new grayback coated duplex board prices by sister company UM Paper in June, we propose to include them in the calculations for Grayback Coated Duplex Board (Commodity), 250g, delivered in East […]
June 18, 2021
·
By Shawn Wang
Insights
German automaker Volkswagen seeks vertical integration to achieve security of battery raw materials supply
Volkswagen Group is seeking partnerships with battery raw material producers in order to vertically integrate and achieve security of supply and competitive prices for its minerals needs, a spokesperson for the German automaker told Fastmarkets on Thursday June 17.
June 17, 2021
·
By Dalila Ouerghi
Insights
DAILY STEEL SCRAP: Mills continue to stay out of seaborne market
Turkish steel mills extended their silence in the deep-sea scrap market on Thursday June 17, with market participants reporting no new bookings for the second day in a row and describing the market as “quiet.”
June 17, 2021
·
By Carrie Bone
Insights
BANGLADESH STEEL SCRAP: Buyers choose containers over bulks in new deals
The steel mills in Bangladesh have picked up a raft of containerized scrap cargoes at higher prices over the past week, preferring boxes over bulk cargoes, market participants told Fastmarkets on Thursday June 17.
June 17, 2021
·
By Lee Allen
Insights
PRICING NOTICE: Launch of No1 copper material discount assessment
Fastmarkets will launch a monthly assessment of the discount for No1 copper material, candy/berry, on a cif China basis on June 28.
June 17, 2021
·
By Julian Luk
Insights
ENERGY TRANSITION: Solar power capacity growth requires guaranteed supply of minerals and metals
Enabling large-scale expansion of solar power production capacity is a crucial part of the transition to a sustainable future for energy, but its prospects of growth rest on the current and future availability of key minerals and metals.
June 17, 2021
·
By the Fastmarkets team
Insights
FOCUS: Narrowing gap between spot, contract lithium prices underlines supply tightness, price evolution
The gap between lithium spot and contract prices has narrowed significantly in 2021 as a result of tight availability along the lithium supply chain and price evolution, market sources said.
June 16, 2021
·
By Dalila Ouerghi
Insights
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