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The metals and mining markets are constantly changing. Stay connected to the stories driving change across the global metals markets, including the lasting effect of Russia’s invasion of Ukraine, energy price hikes, trade flow disruptions and the pull of decarbonization targets.
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Dive deeper into the stories impacting your markets with Fastmarkets’ in-depth news and analysis of the global metals market
Base metals prices on the Shanghai Futures Exchange were broadly down during the morning trading session on Friday June 21, with nickel leading the charge lower.
China’s domestic lithium hydroxide market weakened slightly this week while downstream buyers slowed their purchasing ahead of July, when spot consumption typically decreases in China and the prices in the rest of the world traded sideways.
Here are five Fastmarkets MB stories you might have missed on Thursday June 20 that are worth another look.
Pilbara Minerals will restrict its lithium production in June and July due to reduced demand in the second quarter of 2019 caused by delays in the commissioning of chemical conversion capacity by the company’s key offtake partners in China.
More dovish central bank talk, this time from the US Federal Open Market Committee (FOMC), has pumped fuel into the price rebounds in equities, bonds and the metals this morning, Thursday June 20.
Zinc prices on the Shanghai Futures Exchange were down during morning trading on Thursday June 20, tracking the weakness exhibited by the galvanizing metal’s three-month price on the London Metal Exchange overnight.
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