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SHFE Rises, Zinc Leads Base Metals On Expectations Of Production Cuts
Base metals traded on the Shanghai Futures Exchange began the final session of the week predominantly higher, supported by the slight weakening of the dollar and an improvement in sentiment across the sector. Zinc led the movement with an increase of 1.64%, while...
NCM Black Mass, The US Suspension Lifts South Korea But Not Southeast Asia
The Asian NCM black mass market is moving at two different speeds. In South Korea, recyclers are seeking to secure new quantities before the temporary suspension of exports from the United States, scheduled for August 27. In Southeast Asia, by contrast, demand remains...
European Hydrogen, The Network Takes Shape But 2030 Moves Further Away
Europe’s future hydrogen network is beginning to take shape, but with much longer timelines than initially envisioned. The first sections of the system, which is intended to extend for approximately 30,000 kilometers, have already been completed in Germany and the...
Asian Copper, Backwardation Above $500 Paralyzes The Physical Market
The Asian copper cathode market practically came to a halt in the week ended Tuesday August 18, crushed by the combination of elevated LME prices and a sudden intensification of backwardation on the London Metal Exchange forward curve. In Shanghai, traders’ offers...