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NCM Black Mass Accelerates In Asia, Driven By The Return Of Bullish Sentiment On Lithium
The Asian NCM black mass market recorded a sharp rise in the week to Wednesday May 13, with nickel and cobalt payables increasing both in South Korea and in Southeast Asia. The movement was supported by a clear change in sentiment on lithium, which became more...
Aluminium Scrap Stable In The United States, But Secondary Alloys Remain Under Upward Pressure
The United States aluminium scrap market went through an overall slow week to Thursday May 14, with prices largely stable and trading volumes limited. In a context of prudent domestic demand, many operators reported few changes compared with the previous week,...
SHFE Base Metals Fall Across The Board, With Tin In Sharp Correction
Base metals listed on the Shanghai Futures Exchange opened the session of Friday May 15 in negative territory across the board, confirming a phase of greater caution after the strong movements recorded in previous weeks. Tin led the declines, followed by nickel and...
Chrome Ore Falls In China While Port Stocks Return To Elevated Levels
The chrome ore market showed signs of weakening in the week to Tuesday May 12, with prices of South African UG2/MG concentrates falling after the reduction of offers by sellers and growing resistance from Chinese buyers. The movement reflects a less liquid, more...