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Rare earths: prices fall to lowest since 2020 as China increases supply
Rare earth prices fell this week to their lowest since late 2020 due to weak demand from green energy and automotive companies and increased supply from China. Fears have grown that China may further restrict exports of these strategic minerals, after it restricted...
Tin: global stocks at two-year highs after LME squeeze
The amount of tin in London Metal Exchange (LME) stocks has more than doubled in the space of a month. The metal arrived almost daily in response to a sharp compression in the front end of the LME tin curve. The cash premium over three-month delivery jumped to $1,704...
Nickel: price will average $21,000 in Q3 due to increased supply
The price of nickel has underperformed the market this year, becoming the worst performing metal on the London Metal Exchange (LME). The metal fell to a low of $19,937 this year, about 27 per cent lower than its high point in March. Nickel is one of the most important...
Copper: imports into China in June fell by 16.4 % due to continued weak demand
China's copper imports fell 16.4 per cent in June from a year earlier, customs data showed on Thursday, due to a combination of strong domestic production and weak demand in the world's top consumer of the metal. Imports of raw copper and copper products totalled...