IN CASE YOU MISSED IT: 5 key stories from April 2

Here are five Fastmarkets MB stories you might have missed on Tuesday April 2 that are worth another look.

China’s threshold for electric vehicles to receive subsidies in 2019 has been increased again while the value of subsidies has been cut sharply, which was expected by the majority of market participants who are now cautiously checking the resulting impact on the battery supply chain. 

The global market for direct-reduced (DR)-grade pellets continues to suffer from a shortage after being aggravated by Vale’s dam collapse in late January, which has pushed the DR pellet premium up further, Fastmarkets has learned.

Tianqi Lithium Kwinana Pty Ltd, the wholly owned subsidiary of Chinese lithium producer Tianqi Lithium, has signed two strategic supply agreements for battery-grade lithium hydroxide separately with SK Innovation Co Ltd and EcoPro BM Co Ltd, the producer said.

Copper stocks in Shanghai-bonded warehouses rose for a fifth consecutive month in March, hitting a 20-month high by the end of the month, after Chinese smelters continued to deliver cargoes into the bonded zone to take advantage of an export arbitrage that has been in place since mid-February.

Treatment charges for spot zinc concentrate continued to rise in March with deals over the $300-per-tonne mark made for clean cargoes.

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The three-month copper price on the London Metal Exchange has slumped significantly since hitting an all-time high of $11,104.50 per tonne on Monday May 20
Copper fabricators in China and the wider Southeast Asian region continue to feel the pain of high copper prices on futures exchanges and a lack of new orderbooks, with some having already asked for a postponing of shipments of long-term copper cathodes, sources told Fastmarkets in the week to Wednesday, May 15.
Could the copper market bullish marathon be taking a mini break? Fastmarkets senior analyst Andy Farida looks at London Metal Exchange copper price movements.
Global copper futures prices are in a frenzy, with record highs being logged on the New York-based Commodity Exchange (Comex), London Metal Exchange and Shanghai Futures Exchange (SHFE) in recent days
Copper prices have pushed up on global metal exchanges in recent weeks and the London Metal Exchange three-month copper price hit an all-time high on Monday May 20, but what are the key reasons behind the record-breaking surge in prices?
Fundamental supply tightness was part of the reason behind this week's LME three-month copper contract all-time high, but the rate of change was also down to an influx of financial investors and the interconnected squeeze on short positions on COMEX, sources told Fastmarkets