April 2021

FOCUS: Will nickel briquettes lose appeal as feedstock with Chinese nickel sulfate price declining?

Nickel briquettes have steadily become a more favored choice of feedstock for Chinese battery-grade nickel sulfate producers in recent months, resulting in a notable pick-up in spot trading activity for the former.

MORNING VIEW: Base metals prices mixed, broader markets generally positive

Base metals prices were mixed on both the London Metal Exchange and the Shanghai Futures Exchange this morning, Monday April 19, while broader markets were generally upbeat, save in India where a surge in Covid-19 infections is weighing on equities.

IN CASE YOU MISSED IT: 5 key stories from April 16

Here are five Fastmarkets stories you might have missed on Friday April 16 that are worth another look

LIVE FUTURES REPORT 16/04: Gains of over 3% for LME copper, zinc, lead and tin in the week

Almost all base metal futures prices rose by over 3% in the week ending Friday April 16, despite falling lower from their readings on Thursday, boosted in part by a US dollar index that has been at its lowest in a month.

NEW ENERGY MATERIALS MARKET REPORT 16/04: Spodumene price surges; cobalt, manganese softer

An overview of the new energy materials markets and their price moves from the past week.

SHFE STOCKS REPORT 16/04: Lead inventories up by 24.1%; tin down 5.9%

Lead stocks in Shanghai Futures Exchange-registered warehouses climbed by 24.1% in the week to Friday April 16, due to seasonal weakness, while production cuts in Yunnan province caused tin inventories to fall 5.9%.

LIVE FUTURES REPORT 16/04: LME nickel, lead rise, while copper consolidates after Thursday surge

Nickel and lead futures prices on the London Metal Exchange pushed up on the morning of Friday April 16, while most other metals consolidated after a Thursday session that saw copper pulling along most of the other base metals.

MORNING VIEW: Robust Chinese economic data supports metals prices in Shanghai; LME metals consolidate

Base metals prices on the Shanghai Futures Exchange were for the most part stronger this morning, Friday April 16, supported by robust economic data, while the base metals on the London Metal Exchange were consolidating after yesterday’s strength, which followed strong US data.

AT A GLANCE: GEM revenue up in Q1 on production, sales ramp-up

A summary of Chinese battery materials producer GEM’s financial results for the three months ended March 31.

Chinese battery materials producer GEM inks supply memorandum with EcoPro BM

China-based battery materials producer GEM has signed a supply memorandum with South Korea’s EcoPro BM, a subsidiary of cathode materials producer EcoPro, the former said on Thursday April 15.