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After a consultation period, Fastmarkets has amended the pricing frequency of its assessments for MB-FEO-0001 Ferro-molybdenum 65% Mo min, in-whs Rotterdam; MB-FEO-0003 Molybdenum drummed molybdic oxide 57% Mo min, in-whs Rotterdam; and MB-FEO-0004 Molybdenum MB drummed molybdic oxide Mo, in-whs Busan to daily, from twice weekly.
Hefty copper concentrate costs amid a sustained supply deficit are expected to cause most global copper smelters to run below costs from 2025 onwards, sources told Fastmarkets at the sidelines of LME Asia Week 2024 in Hong Kong on Thursday June 27
Tightness in raw material supply has driven Fastmarkets’ copper and zinc treatment charges (TCs) to all-time lows, while lead concentrate TCs have hit intra-year lows. Fastmarkets looks at the common themes driving the downward movements