March 2024

European antimony metal prices soften in quiet market

Trading in the European antimony metal market remained subdued on Wednesday March 27 amid thin demand on the spot, although reports emerged of higher offers for material for shipment.

Europe’s magnesium prices soften on January overstocking, cheaper freight costs

European magnesium prices softened for the fourth consecutive week in the week to Thursday March 28, with market participants reporting that the impact from a poor demand environment was being aggravated by a major uptick in orders from China in January.

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

The Cobalt alloy grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.

South Korean black mass payables continue uptrend on stronger demand

Payables for black mass continued their uptrend in South Korea in the week to Wednesday March 27 amid stronger demand for the material, sources told Fastmarkets.

Trade log: Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets’ standard-grade cobalt price (low-end)

The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets’ standard-grade cobalt price (low-end) trade log including business, bids and offers reported to Fastmarkets.

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

The Cobalt alloy grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.

Trade log: Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne

The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne trade log including business, bids and offers reported to Fastmarkets.

Cobalt market considers impact from Baltimore bridge collapse

The effect that the collapse of Baltimore’s Francis Scott Key Bridge on Tuesday March 26 will have on the cobalt alloy grade market has divided opinion, market sources told Fastmarkets, with offers for prompt cobalt material in the US increasing over the course of the day following.