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Annual Review of PIX Pulp Europe and PIX Pulp China Indices Methodology – Open Consultation
This consultation, which is open until March 8, 2024, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. Fastmarkets FOEX […]
February 7, 2024
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By the Fastmarkets team
Insights
China issues first batch of rare earths quotas for 2024
China has released the first round of rare earth mining and smelting and separation quotas for 2024 in a joint announcement by the country's Ministry of Industry and Information Technology and the Ministry of Natural Resources on Tuesday February 6
February 7, 2024
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By the Fastmarkets team
Insights
Amendment to Fastmarkets’ 44% manganese ore indices
After a consultation period which ended on Tuesday January 30, Fastmarkets has amended the chemical specifications and names of its MB-MNO-0001 manganese ore 44% Mn, cif Tianjin and MB-MNO-0005 manganese ore 44% Mn, fot Tianjin indices.
February 6, 2024
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By Holly Chant
Insights
S Korean black mass payables hold firm in January, EU market weakens further
Payables in concluded deals for nickel cobalt manganese (NCM) black mass in the CIF South Korea market held largely firm in January 2024 despite weaker battery raw materials prices and lower bids from some buyers, according to market sources
February 1, 2024
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By Lee Allen
Insights
China Northern Rare Earth net profit falls over 60% amid falling RE prices
China Northern Rare Earth Group High Tech Co expects its net profit for 2023 to have decreased by 53.97-61%, the company announced on Monday January 29
February 1, 2024
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By the Fastmarkets team
Insights
Proposal to launch two Brazilian aluminium delivered premiums
Fastmarkets proposes to split the current Brazilian aluminium P1020A delivered premium by launching two new domestic premium assessments to better reflect the two-tier market created by the different state value-added tax (VAT) rates, known as the ICMS tax.
January 31, 2024
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By Leticia Simionato
Insights
Sellers propose hikes of $10-20 per tonne for northern bleached softwood kraft pulp
The Chinese pulp sector faces supply disruptions and market uncertainty as Canadian mills consider closures amid falling prices
January 31, 2024
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By Nick Chang
Insights
CFR China soybean premium turns negative for first time this season
Brazilian soybean prices are under further pressure from another bumper harvest and weak Chinese demand
January 31, 2024
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By Jane Li
Insights
North American liner price rises impact demand outlook for boxmakers
In a marketplace with more than enough supply and unsettled demand, pricing for linerboard held unchanged for January, as major integrated mills lined up their Jan. 1 invoices for higher pricing of $70/ton on linerboard and $100-110/ton for corrugating medium in North America’s open market. Based on Fastmarkets’ PPI Pulp & Paper Week pricing survey, roughly one-third […]
January 30, 2024
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By Gregory Rudder
Insights
Smelter closure to wipe nearly 30% of US aluminum capacity
In a letter to its employees seen by Fastmarkets on Wednesday January 24, the independently owned Magnitude 7 Metals LLC aluminium smelter in Marston, Missouri said it would curtail its operations over the course of the next three to five days, and that "most employees will no longer be required after January 28"
January 25, 2024
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By Yasemin Esmen
Insights
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