Ferrous futures in China registered mild movements during morning trading on Monday November 5, with the impact of winter steelmaking restrictions and the potential for easing tensions between the country and the United States being factors to watch out for over the rest of the month.Futures closing prices - morning session Shanghai Futures Exchange January rebar: 4,034 yuan ($585) per tonne, down...Read More
Key data from the pricing sessions in London and Shanghai on Friday November 2. China The Chinese silicon export price remained stable week on week amid slow spot trading activities. Consumers are waiting on the sidelines due to ample inventories, while most Chinese export traders are not in rush to sell on anticipation of tightening supply during the approaching the dry season when re...Read More
Global antimony prices continued to trade under pressure in both China and Europe amid weak demand, despite a new round of environmental inspections beginning in Hunan province last week.In China, Fastmarkets' price assessment for MMTA standard grade-II antimony, delivered, duty-paid, stood at 50,500-51,000 yuan ($7,241-7,312) per tonne on Wednesday October 31, down 1% from 51,000-51,500 yuan per...Read More
Spot cobalt prices held steady in the first few days of November trading, although trade remained thin as consumers focused on locking in their 2019 requirements in preference to anythingmore than essential spot top-ups. Fastmarkets MB assessed low-grade cobalt prices at $33.50-34.45 per lb and high-grade cobalt prices at $33.50-34.45 per lb, in-warehouse, on Friday November 2, both unch...Read More
Fastmarkets launched its China cobalt sulfate price in May 2018, with historical data dated back to March, tracking the price of this key electric vehicle battery material. Read More
Chinese cobalt sulfate trade log including business, bids and offers reported to Fastmarkets MB.Unless otherwise stated, all prices are yuan per tonne on an ex-works basis. In addition, the cobalt sulfate, Co 20.5% min, China ex-works, adjustment to the low-grade cobalt low-end price at Co 20.5% basis is on a $ per lb basis. Metal Bulletin prices...Read More
UC Rusal saw an 18.6% year-on-year increase in its third-quarter earnings due to a recovery in sales after the extension of the company's general licenses by the United States Department of Treasury, the aluminium producer said.The company's quarterly earnings before interest, taxes, depreciation and amortization (Ebitda) rose to $2.92 billion in the July-September 2018 period, up from $2.46 billi...Read More
Expect more ebb and flow in risk sentiment The run up in prices at the end of last week was triggered by hopes that a US-China trade deal may be arranged before too long. We have seen this before as hopes are briefly raised. But, once again, the improvement in sentiment was short-lived. However, it is a reminder of how metal prices are being held down by risk-off sentiment in large part due to ong...Read More
LME prices down to their lowest...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 a...Read More
Aluminium LME aluminium prices continue to consolidate ahead...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 d...Read More
In this week’s analysis, we identify...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...Read More
36,275 tonnes of cancelled warrants...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 so...Read More
Last week, we published our quarterly consensus price...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...Read More
In this week’s analysis, we review...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
Our focus this week is on...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
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
U.S. equity indices are lower this morning. S&P 500 futures were down 4 points in pre-opening trade.Nutrien (NTR $71.47 Cdn) is expected to open higher after reporting higher than consensus third quarter sales and earnings. The company also increased its dividend and raised its fourth quarter guidcance. Mosaic (MOS $32.22) is expected to open higher after reporting higher than consensus third...Read More
This week could prove to be a monumental week with the midterm elections beginning tomorrow. According to Bloomberg politics, "The 2018 midterms are the most closely watched, most expensive, and most fretted-about congressional elections in memory." The stakes are enormous, as the outcome could determine whether the status quo remains the same or if there will be some real changes in the way Washi...Read More
(Kitco News) - From all the precious and base metals, gold has the most to gain if equities see further losses, said Bloomberg Intelligence (BI), which is not ruling out the $1,400 an ounce level for gold.“Gold has the most upside if equities continue to decline, particularly if U.S. stocks give back more vs. the world. In this scenario, the dollar should decline and metals and broad commodi...Read More