Trends in the Asian Shipping Market
In the past week, shipping rates from Asia remained stable, but as the peak season approaches, prices, which are already at their highest of the year, are expected to rise further. Although congestion, although less severe than in previous weeks, remains a problem at...
China’s Primary Aluminium Production Approaches Historic Highs
In recent months, primary aluminium production in China has been approaching the all-time highs recorded last year, thanks to the reactivation of idle capacity in Yunnan province. Production rose 5 per cent year-on-year to 3.65 million metric tonnes in May, according...
US Aluminium Association Renews Request for Sustainable Trade Agreement with EU
On 28 June, the US Aluminium Association renewed its call for further work on a proposed metals trade agreement, which is currently in a "dormant" state. This agreement would see the US and EU governments cooperate in the sustainable production and trade of steel and...
Hedge Funds Bet on Cobalt: Opportunities and Risks in the Battery Metal Market
In recent months, hedge funds such as Anchorage Capital Advisors and Squarepoint Capital LLP have begun to build significant positions in the cobalt market, buying physical material. This move has been stimulated by falling spot prices and increased liquidity in the...
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