February 2020

IN CASE YOU MISSED IT: 5 key stories from February 6

Here are five Fastmarkets MB stories you might have missed on Thursday February 6 that are worth another look.

Manganese flake up by 13% on logistics constraints; pressure mounts in Europe

Logistics constraints caused by the transport system lockdown in China, imposed to contain the Wuhan coronavirus outbreak, were pushing European prices upward with inventory levels falling in Rotterdam.

Coronavirus impact on battery raw materials: Cobalt

Weak demand for new energy vehicles (NEVs) in China is expected to hit domestic Chinese cobalt prices and could see Chinese demand for imported hydroxide fall.

Chinese cobalt metal imports up 55% against 2018 but coronavirus could hit near-term import appetite

China imported 1,623 tonnes of cobalt metal in 2019, up 54.6% from 1,050 tonnes in 2018, according to official but unconfirmed data seen by Fastmarkets.

FOCUS: Tight supply amid Coronavirus crisis, high raw material prices underpin cobalt sulfate price

Tight spot availability, mainly resulting from the extended Chinese New Year holiday, as well as transportation disruptions during the Wuhan coronavirus outbreak have underpinned the cobalt sulfate price in China.

Trade log February 2020: Selenium

The latest selenium transactions, bids, offers and assessments in Europe reported to Fastmarkets.

MINOR METALS MARKET REPORT 05/02: Manganese flake price up 13% on virus-led supply constraints

An overview of the minor metals markets and their latest price moves.

TITANIUM SNAPSHOT: Alloy price narrows amid increased trading

Key data from Fastmarkets’ pricing session in Europe on Wednesday February 5.

PRICING NOTICE: Discontinuation of China cobalt sulfate, exw standard-grade adjustment

Fastmarkets has discontinued the calculation and publication of its MB-CO-0022 - China cobalt sulfate, Co 20.5% min, ex-works, adjustment to the low-grade cobalt low-end price.

Glencore cobalt output up 10% in 2019

Swiss miner-trader Glencore produced 46,300 tonnes of cobalt in 2019, up 10% from 42,200 tonnes in 2018, mainly due to the ramp up in operations at Katanga in the Democratic Republic of Congo.