April 2019

PRICING NOTICE: Proposal to include Norilsk cut cathodes in cobalt price assessments

Fastmarkets proposes to amend the specifications of its benchmark in-warehouse Rotterdam price assessments to incorporate grade-1 and grade-2 Norilsk cut cathodes within its list of accepted cobalt brands.

Cobalt intermediate shipments to China rebound in March

Chinese imports of cobalt intermediates rose quickly in March after the price, as well as that of the international cobalt benchmark price, accelerated downward in January, which stimulated buying of the raw material.

Trade log April 2019: Cobalt

Cobalt trade log including business, bids and offers reported to Fastmarkets.

Trade log April 2019: Cobalt sulfate

Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets MB.

BATTERY RAW MATERIALS MARKET REPORT 26/04: Cobalt sulfate price under pressure from weak demand, confidence in supply

An overview of the battery raw materials markets and their price moves.

Spodumene prices fall due to weaker lithium prices in China

The price of spodumene made its first move since December in the latest assessment on Wednesday April 24, narrowing downward by $50 per tonne. This means that spodumene prices have fallen by 30.48% between May 2018 and April 2019, due to the decline in lithium prices in China.

GLOBAL LITHIUM WRAP: Chinese technical-industrial grade carbonate price rises on strong demand

The Chinese domestic technical & industrial grade lithium carbonate price edged up in the week to Thursday April 25 on increasing demand and squeezed supply due to maintenance work carried out by some producers in China; other spot lithium prices were steady to lower.

Trade log April 2019: Lithium

Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets.

Cobalt buyers pay a premium for tight alloy-grade units; standard-grade tracks higher

Alloy-grade cobalt prices maintained their premium over standard-grade during the first half of this week amid a limited supply of cut cathode for spot market inquiries.

Chinese cobalt sulfate price vulnerable to further falls

Chinese cobalt sulfate prices were unchanged mid-week after their retreat on Friday April 19, but waning buyer interest and concerns over the surplus dynamics of key raw material cobalt hydroxide will continue to weigh on cobalt sulfate prices, market participants told Fastmarkets MB.