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Speculation Drives Gallium Prices Higher In China While Germanium Remains Divided
Gallium prices in China surged by nearly 12.46% in the fortnight to Tuesday January 20, driven mainly by short-term speculative capital inflows that rapidly pushed spot prices higher. According to Commodity Evolution sources, the move is not linked to a structural...
Alumina Prices Remain Rangebound Across The Pacific Amid Oversupply And Cooling Speculation
Prices of China- and Australia-origin alumina remained largely rangebound in the week to Thursday January 15, amid ample availability in the Pacific market and a cooling of the recent alumina futures rally in China. According to Commodity Evolution, the alumina index,...
Zinc Premiums Under Pressure Across Europe And The United States Amid A Cautious Market
The European zinc premium market weakened further in the week to Tuesday January 20, in an environment marked by limited spot trading and ongoing doubts over whether galvanizing demand will recover during the year. According to Commodity Evolution sources, constrained...
Saudi Arabia Strengthens Its Metals Supply Chain With New Copper And Aluminium Facilities
UAE-based recycling company Pan Gulf International Metals Group (PGI Group) has signed an agreement with Saudi Arabian government officials to establish new secondary copper and aluminium processing facilities in the Kingdom. The deal represents a concrete step in...