NCM Black Mass In Asia, Payables Fall Amid Weak Lithium And More Cautious Buyers
Payables for nickel-cobalt-manganese, NCM, black mass weakened across key Asian recycling hubs in the week ended Wednesday June 24, under the combined pressure of recent declines in lithium and nickel prices and increasingly cautious buying by recyclers. The market...
European Copper Cathode Premiums Rise With Limited Allocations And Exports Toward The United States
The European copper cathode premium market recorded a new strengthening, supported by limited availability of material destined for regional sales and by a still marked orientation of producers and traders toward exports. In a context in which arbitrage opportunities...
SHFE Base Metals Mixed, Nickel Down Sharply On Indonesia And Macro Sentiment
Base metals prices on the Shanghai Futures Exchange showed a mixed trend on the morning of Friday June 26, with nickel standing out as the main element of weakness in the sector. The Asian session returned a market divided between modest increases in copper, aluminium...
Shanghai Zinc Premiums Remain Firm Between Unfavorable Arbitrage And Weak Demand
Shanghai zinc premiums remained unchanged in the week to Tuesday June 23, in a spot market still characterized by reduced liquidity, weak domestic demand and unfavorable arbitrage conditions. Operators continued to describe a cautious trading environment, in which...
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