China Minmetals Rare Earth Co Ltd has won 18,661 tonnes of antimony ingots held by the defunct Fanya Metal Exchange in an auction that ended at 10am Beijing time on Sunday September 1.As the only bidder at the auction, it came as no surprise that China Minmetals won the auction of the entire antimony stock at a price of around 546 million yuan ($76.28 million), according to the official auction re...Read More
Key data from the Friday August 30 pricing session in Shanghai and London. Key driversCobalt hydroxide payables rose in the second half of August following news that Glencore will close its copper-cobalt Muntanda mine by the end of this year.Demand increased when consumers intended to secure units before the hydroxide price...Read More
Key data from the pricing sessions in London and Shanghai in the week ended Friday August 30. China Key drivers The Chinese export silicon price moved up for the second consecutive week in response to tight supply in domestic market due to increased buying from Chinese secondary aluminum alloy producers who are ramping up production before China's National Day holiday (October 1-7) when prod...Read More
Fastmarkets proposes to discontinue five of its precious metals prices to focus attention on our core markets. The prices being proposed for discontinuation are as follows:Platinum min 99.9% Europe Free Market $ per troy oz in warehousePalladium min 99.9% Europe Free Market $ per troy oz in warehouseRhodium min 99.9% Europe Free Market $ per troy oz in warehouseIridium ingot min 99.9% Europe Free...Read More
Key data from the pricing sessions in Asia and Europe during the week ended Friday August 30.ChinaKey drivers The price for antimony, MMTA standard grade II, ddp China, continued to soften over the week after some domestic suppliers slashed their offer prices further to encourage sales amid sluggish demand. A few Chinese antimony producers, which refused to make a further compromise on the prices...Read More
Awaiting...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.S...Read More
US-China trade wars continue to weigh...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as...Read More
Aluminium LME aluminium managed to end last week’s...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus downlo...Read More
Copper prices capped by bearish Chinese...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue a...Read More
China to encourage new vehicle...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as...Read More
$18,000 per tonne as Indonesia confirms earlier ore...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the la...Read More
Tin prices surprise to...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’...Read More
In this week’s analysis, we summarize...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issu...Read More
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More
Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More
Nickel remains in the spotlight because the market now has concrete news to adjust to and tin seems to be rising on nickel’s coattails, with Indonesia being the second largest producer of tin in the world.The other metals and markets in general are now waiting for further news on when United States-China trade talks will resume - given generally poor manufacturing purchasing managers’ in...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 21 points in pre-opening trade. Index futures responded to growing trade tensions. Snap added $0.34 to $16.17 after Evercore ISI upgraded the stock to Outperform from In Line.Bausch Health was unchanged at $28.37 after announcing plans to reduce debt by $200 million.Amazon dipped $5.23 to $1,771.06 despite an increase...Read More
Here are five Fastmarkets MB stories you might have missed from Friday August 30 that are worth another look.China's domestic spot battery-grade lithium carbonate prices temporarily held in the week to August 29 with buyers cautious of further decreases, while the lithium hydroxide market kept flat and no matter how low the offers, deals were rarely concluded due to continuing poor downstream dema...Read More
Prices in most of the global markets for steel billet dropped sharply in the week ended Friday August 30 amid unfavorable market conditions - in particular, poor demand and falling scrap prices.ChinaWeakening demand for billet continued to push Chinese domestic billet prices down, sources said.Re-rolling mills in Tangshan were expected to reduce their production in September and early October to h...Read More
Prices in most of the global markets for steel billet dropped sharply in the week ended Friday August 30 amid unfavorable market conditions - in particular, poor demand and falling scrap prices.ChinaWeakening demand for billet continued to push Chinese domestic billet prices down, sources said.Re-rolling mills in Tangshan were expected to reduce their production in September and early October to h...Read More