Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:?EUR?  Impressive advances in ore and alloy prices persisted in March, with most markets posting significant price gains. Strengthening demand from steelmakers along with supply shortages and depleted inventories in numerous markets, as well as freight and transportation...Read More

Inner Mongolia, China's ferro-chrome production heartland, has imposed restrictions on its metallurgical sector in a move that has fueled the high-carbon ferro-chrome markets in China and Europe, and although this may ease off, the gains were unlikely to be lost while alloy ramp-ups continue, sources have told Fastmarkets.The decision to restrict energy consumption in Inner Mongolia since December...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:?EUR?In a strong start to the year, January saw ore and alloy pricing gains across all markets priced by Fastmarkets - with the exception of Chinese silicon metal export prices, which retreated slightly last month after posting impressive gains in December 2020.The combination...Read More

The latest forecasts from Fastmarkets' team of analysts is ready to view.With nickel prices down by almost 20% over the space of around ten days during late February and early March, one might have been expecting us to be reporting sharply-lower prices of stainless steel, at least for the most common nickel-containing grades of stainless steel.This is not the case, at least in Europe and the Unite...Read More

The latest forecasts from Fastmarkets' team of analysts is ready to view.We spoke in our previous tracker of stainless steel prices ending 2020 on a high. That trend has continued during early 2021 and, in fact, the upward rally in prices has increased its momentum.Compared with the monthly price increase of some 5% seen at the end of 2020, prices for grade-304 stainless steel in al...Read More

The latest forecasts from Fastmarkets' team of analysts is ready to view.Prices of stainless steel are generally set to reach highs for the year as 2020 comes to a close. For the most common nickel-containing grades of stainless steel, this upward trend is being driven above all by rising nickel prices, which themselves are hitting relatively high levels into the end of 2020.The price increases si...Read More

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Demand for copper — already on a rising trend — is arguably set to explode as the energy transition takes hold. In order to prevent structural deficits, unsustainably high prices and demand destruction, miners will have to...Read More

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Copper will play a pivotal role in the energy transition. Aluminium may be an abundant and cheap competitor for electrification applications, but carbon footprint issues for primary metal may give copper the edge. Ultimately that poin...Read More

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.We enter 2021 with many mined commodity prices riding high after recovering from a dramatic pandemic-induced slump in H1 2020. But far from marking a new atmosphere of positivity, the new year brings new questions. How will Chinese po...Read More

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.As the first wave of the coronavirus pandemic began to bite, many observers confidently predicted that the end was nigh for global economic activity. Governments around the world closed their economies as the only tool available to li...Read More

RAPAPORT... Production of rough diamonds at the Murowa mine in Zimbabwe declined 15% in 2020 amid a move to lower-grade resources.Output came to 579,000 carats for the full year, compared with 685,000 carats in 2019, owner RioZim said last week. The drop in production was primarily due to the processing of lower-grade ore from the K2 portion of the mine following the depletion of the site's higher...Read More

RAPAPORT... US polished-diamond imports fell again in February after showing signs of stabilizing in the previous month, according to recent data from the US Department of Commerce. Shipments dropped 7% to $1.35 billion as a 9% drop in the average price outweighed a slight increase in the volume of imports.US Trade Data for February 2021  Read More

RAPAPORT... Gemological Science International (GSI) has launched a laboratory in Jaipur, aiming to tap into the Indian city's rich heritage as a center for gemstones.The new location will offer all of GSI's core services, as well as a dedicated division specializing in the origins and identification of colored stones, the organization said Monday. The laboratory will feature advanced equipmen...Read More

A summary of base metals premiums from across the globe for the week to Tuesday April 13.Please click...Read More

Aluminium's futures price traded close to its 2021 year-to-date high at the close of trading on the London Metal Exchange on Tuesday April 13, while most metals recovered their losses from Monday because of a tumble in the US Dollar Index.The three-month price of aluminium closed at $2,993 per tonne at 5pm, but had reached $2,295 per tonne during trading, just $6 per tonne below its year-to-date h...Read More

(IDEX Online) - An Australian man has appeared in court charged with insider trading over a high-value diamond discovery.He's alleged to have bought up shares in Lonhro - now Lucapa - for a family member when he learned of a high-value diamond discovery the company had made in Africa back in 2012.The find was only made public five days later, by which time the shares bought had increased in v...Read More

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Wood Mackenzie’s latest outlook report shows that the art of balancing oil markets and the refining sector in 2021 hinges upon three key themes – OPEC+ production, Covid-19 developments, and the energy transition.Following...Read More

(IDEX Online) - India's gross exports of gems and jewelry saw "remarkable growth" in March as they surged by over 78 per cent year-on-year.Foreign sales took a huge hit for most of the financial year which has just ended, but rallied significantly in the three months since January, according to news figures from trade body Gem and Jewellery Export Promotion Council (GJEPC).Overall exports fel...Read More

(IDEX Online) - Jewelers in India's Maharashtra state are lobbying the government for permission to open, despite a Covid-ban on all but essential businesses.April is traditionally a busy month, with Gudi Padwa (Hindu lunar new year) and a number of other harvest festivals, as well as the start of the wedding season.Maharashtra, with a population of 110m, currently has a night-time curfew and...Read More

The US Midwest aluminium premium climbed to its highest point in more than six years on Tuesday April 13, supported by rising global premiums and shrinking supply.Fastmarkets assessed the aluminium P1020A premium, ddp Midwest US at 22.5-23.5 cents per lb on April 13, up by 2.22% from 22-23 cents per lb previously and its highest since February 18, 2015, when the premium was assessed at 23.75-...Read More