Large volume inquiries for spot cobalt units returned in the first half of the week, leaving market participants to suggest prices are close to bottoming out after 15 consecutive weeks of declines.

Metal Bulletin has amended the frequency of its assessments of aluminium billet premiums in Europe, the United States and Brazil, while adjusting the publication calendar.

News that trade talks between China and the United States will take place later this month has sparked risk-on sentiment in the London Metal Exchange base metals complex this morning.

The latest news and price moves to start the Asian day on Thursday August 16.

Spot port manganese ore prices in China recovered last week due to positive market sentiment, further supported by spikes in ferro-alloys futures prices.

Metal Bulletin proposes to discontinue its selenium dioxide min 98% China domestic in-warehouse price.

Good morning from Metal Bulletin’s offices in Asia as we bring you the latest news and pricing stories on Wednesday August 15.

Base metals prices on the Shanghai Futures Exchange continued to slide during morning trading on Wednesday August 15, following disappointing Chinese economic data that heightened concerns over slowing growth in the world’s second largest economy.

Metal Bulletin has launched a price assessment for cobalt sulfate, 20.5% min Co, ex-works China, published as a $ per lb adjustment to the low end of Metal Bulletin’s existing benchmark low-grade cobalt price assessment.

The latest news and price moves to start the Asian day on Wednesday August 15.