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US corn futures dropped for a sixth consecutive trading day on Wednesday June 26 while rain continued to fall in growing areas of the Midwest, with market participants positioning before a USDA acreage report to be released on Friday.
The publication of Fastmarkets’ price assessment for MB-LI-0012 Spodumene min 6% Li2O, spot price, cif China, on Thursday June 27 was delayed because of an error in the approval process. Fastmarkets’ pricing database has been updated.
Australia’s Lynas Rare Earths, the largest rare earth product producer outside China, is doubling down on plans to produce separated heavy rare earth products for high-performance magnets in Malaysia, alongside its existing project in the United States, it announced on Thursday June 27
Copper demand remains weak in China and Europe, with some European sources noting liquidity heading to the US while others note the market is slightly less quiet than the previous month and American sources agree that the market appears to be stabilizing from previous highs
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