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Analysis of Asia-Europe Sea Freight Rates: Price Decline, Strikes, and Economic Variables
In October, ocean freight rates between Asia and Europe dropped 30 percent from the end of September, touching $3,500 per FEU for both Europe and the Mediterranean. This drop anticipates the period of calm demand, which usually occurs before the Lunar New Year, thanks...
CMOC Group: The Explosive Growth of Cobalt Production and Its Impact on the Global Market
CMOC Group Ltd., the world's leading cobalt producer, exceeded its annual production target in the third quarter of this year, generating increasing pressure on global prices for this crucial battery material. With production of 84,722 tons of cobalt at its mines in...
Aluminium Association of India: Proposals for Increased Duties and Investments to Stimulate Sector Growth
The Aluminium Association of India (AAI) recently submitted to the Department of Industry Promotion and Domestic Trade (DPIIT) its pre-budget recommendations to stimulate the development of the aluminum sector in the country. Among the proposals are an increase in...
The Resumption of Primary Aluminum Billet Production in China
In recent months, the primary aluminum market in China has experienced a period of significant expansion, mainly due to the “September peak season.” This traditional period revitalized demand for primary aluminum billets, contributing to a significant improvement in...