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Fastmarkets is proposing to change the pricing holiday schedule for its cobalt hydroxide payable indicator.
Base metals prices on the London Metal Exchange were mixed on the morning of Friday November 12, but those on the Shanghai Futures Exchange were mainly firmer while they followed Thursday’s strong gains on the LME.
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were for the most part firmer this morning, Thursday November 11 – it would seem dip-buying has dominated once again.
London Metal Exchange aluminium stocks dropped below the 1-million-tonne mark for the first time since October 2019 and on-warrant volumes were at their lowest in nearly 16 years on Tuesday November 9, while the metal complex’s prices were little changed from the end of trading on Monday.
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