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Cobalt Prices Rise Sharply Amid DRC Expectations and Supply Shortages
The cobalt market continued to post significant gains in the week ending Monday, September 15, with cobalt hydroxide prices hitting their highest levels since November 2022. Simultaneously, Mixed Hydroxide Precipitate (MHP), an increasingly used alternative to cobalt...
Gallium Prices in China Rise for Third Consecutive Week
The gallium market in China rallied in the week ending Friday, September 12, marking the third consecutive week of growth after the summer lull. According to Commodity Evolution, the price of gallium 99.99% min (Ga) in-whs China settled at 1,650-1,700 yuan/kg...
Copper Cathodes in Asia and Southeast Asia: Fed Anticipation, High LME Prices, and Limited Supply
The Asian copper cathode sector displayed extreme caution in the days leading up to the US Federal Reserve meeting (September 16-17), with traders and end-users reluctant to take new positions. High prices on the London Metal Exchange (LME), nearing $10,100/t, further...
Shanghai Futures Exchange Metal Prices Decline Amid Fed Rate Cut Expectations and Weak Chinese Data
The morning of Wednesday, September 17, saw a broad-based decline in base metal prices listed on the Shanghai Futures Exchange (SHFE), as traders awaited the US Federal Reserve's interest rate decision later that day. As of 10:30 a.m. in Shanghai, the most traded...