05:28 PM @ 31/05/2022
The cobalt market is being pushed and pulled by numerous cross currents. Lockdowns in China, in an attempt to contain outbreaks of Covid-19, are constraining demand for cobalt sulfate, but supply has been hit too. Floods around the Durban area in South Africa have compounded existing logistics issues with shipments from Durban to Asia all but halted.SEE MORE05:00 PM @ 31/05/2022
Graphite pricing stability persisted again in the final week of May, with prices showing resilience amid growing demand-side concerns. The Covid-19 lockdowns in China together with the geopolitical impact of the Ukraine-Russia war continue to dampen demand for electric vehicles (EV), and in turn EV batteries, and key battery raw materials including graphite.SEE MORE04:18 PM @ 31/05/2022
Muriate of potash (MOP) fertilizer exports from Russia are “a little easier” of late despite sanctions imposed on Russian businesses and banks, a market player said on Monday.SEE MORE04:07 PM @ 31/05/2022
Oil prices were extending their gains on Tuesday, with US crude up by more than $3/bbl, after EU leaders agreed to cut oil imports from Russia by 90%, by the end of the year.SEE MORE03:24 PM @ 31/05/2022
Vietnamese enterprises are facing rising costs in fuels and materials for production due to the ongoing Russia-Ukraine conflict, experts have said.SEE MORE
