Indonesian Nickel, Another HPM Adjustment: The Limonite Benchmark Returns Close To Market Prices
Indonesia is changing its nickel ore benchmark pricing formula for the second time this year, addressing the gap that had opened between official valuations and actual limonite transactions. The revision reduces the corrective factors applied to ores grading 1.2%...
Rusal Looks To Indonesia: Kalimantan Alumina Project Nears Approval
Rusal’s project to process bauxite into alumina in Kalimantan is approaching the conclusion of its permitting process. Confirmation comes from Indonesian Energy and Mineral Resources Minister Bahlil Lahadalia, while the Russian group considers reorganizing part of its...
Shanghai Metals Mixed: Nickel Rebounds, But Fundamentals Remain Weak
Base metals are moving without a common direction on the Shanghai Futures Exchange on Thursday morning, September 17. Nickel leads the gains, followed by lead and copper, while zinc and aluminium retreat. Tin remains slightly above unchanged. The backdrop is a...
Asian PVC Rises: Freight And Feedstocks Push Prices Higher, But Demand Remains Weak
Suspension-grade PVC prices are rising across the main Asian markets, supported by higher ocean freight rates, logistical difficulties and increasing feedstock costs. The increases affect the Far East, Southeast Asia and the Indian subcontinent, but encounter...
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