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The European and US antimony trioxide markets showed minimal price adjustments this week while prices in the rest of the world remained unchanged.
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China’s output and sales of new energy vehicles (NEVs) has stayed on an uptrend in early 2019. China’s lithium prices were steady in a quiet market, however, with most major buyers taking a watchful attitude to the market.
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The low end of the spot price range for iodine has fallen for the third time in a month, with Japanese producers reporting low sales prices.
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Fastmarkets IM is opening a market consultation to seek feedback on its proposal to discontinue one fluorspar price.
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Every year the fluorspar market queries what the supply situation in China will look like after the Lunar New Year, and 2019 is no different. Two sources have reported offers and sales of good volumes of material, indicating that supplies are available.
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Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets.
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Chinese titanium dioxide producer Lomon Billions has announced price rises affecting all its customers with immediate effect.
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China’s magnesia market has showed no changes in the first week after the Lunar New Year, with prices holding at current levels while more market players are yet to return from holiday this week.
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Fastmarkets IM's monthly price movements.
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Iodine derivative prices have lagged behind the latest price increases in iodine itself, which is hitting margins at derivatives producers.
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Markets saw a second consecutive round of contract price increases for calcined alumina material, but a change in feedstock costs dynamics and availability could soften the market later in the year.
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Key data from the February 7 pricing session in London.
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Producer Norsk Hydro's underlying operating profit dropped almost 85% in the fourth quarter due to the effects of its production curtailment at its Brazilian alumina refinery, Alunorte.
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Fastmarkets will discontinue its feldspar and silica sand prices, while it expands the sand price offering on existing core markets.
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Fastmarkets is changing the frequency of its silicon carbide price market assessments to monthly, following a consultation with the market.
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Industrial Minerals is launching three Northern white sand frac prices as of today.
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Fastmarkets IM is making amendments to the specifications of five of its fluorspar prices.
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Fastmarkets is reducing the frequency of market assessments of magnesia after market consultation
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Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets.
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Both chemical and foundry grade prices adjusted downward on thin trading and reticence from buyers about engaging amid bearish market conditions.
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China’s exports of all grades of magnesia were up in 2018 on an annual basis, and export prices kept firm on mining restrictions and strict environmental inspections.
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Unshaped refractory materials output in China dropped slightly in 2018 because of the decreasing production of magnesia-based unshaped refractory material.
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Weakening end-market demand for acid-grade fluorspar in China has affected the export price despite supply remaining tight.
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China’s domestic spot battery-grade lithium carbonate price weakened on Thursday January 24 after some suppliers sold at lower levels to boost cash flow ahead of the Lunar New Year holiday, while the battery-grade lithium hydroxide price in China and those in the rest of the world were unchanged.
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The project had been initially planned to come on stream in the first quarter of 2018.
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Chinese export prices for fused magnesia (FM ) and dead burned magnesia (DBM) have gone on a downtrend, tracking recent falls in the domestic market after production resumed in Dashiqiao.
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Argentina’s crude steel output grew by 11.6% in 2018, according to figures released by national steel association Acero Argentino on Monday January 21.
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The global antimony trioxide market remained sluggish on reduced demand and slow trading activity in the week to January 22. But North American prices softened on lower prices achieved.
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The yuan-dollar exchange rate has changed direction after the Chinese currency saw its biggest one-week rise since 2005, which will have a broad bearing on minerals markets.
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The price of iodine price has risen for a second week, while market participants query SQM’s latest proposed expansion.
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The Chinese domestic fluorspar price softened last week on weakening end-markets, and the latest fob export price assessment has followed suit.
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China’s domestic spot battery-grade lithium carbonate and hydroxide prices were unchanged week on week on Thursday January 17 due to slow market activity ahead of Chinese New Year, while technical and Industrial grade lithium carbonate prices moved down slightly on supplier destocking.
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View the Fastmarkets holiday pricing schedule for 2019 and 2020.
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Fastmarkets IM's monthly price movements.
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China's 2019 new energy vehicle (NEV) subsidy policy is still being worked out, and the general principle is to avoid large fluctuations in the industry after all NEV subsidies cease in 2021.
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Market tightness in Europe has not been alleviated. according to three local hydrofluoric (HF) acid producers, which could mean consumers are forced to pay higher spot prices.
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China’s domestic magnesia prices edged down on increasing stocks after more producers in Dashiqiao resumed production recently, while export prices remained unchanged with exporters maintaining less buying interest.
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Shipments of all grades of magnesia were up in November 2018 on an annual basis due to increasing buying interest from international buyers before the year-end.
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The Chinese domestic spot battery-grade lithium carbonate price was unchanged this week, while Chinese lithium hydroxide and seaborne battery grade lithium carbonate prices fell on deals done at lower levels.
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Fastmarkets IM has begun a consultation on its proposal to decrease the frequency of its silicon carbide price assessments.
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The iodine contract market price remained higher than the spot market price for the second month in a row due to consumers looking to sign longer-term contracts and with the iodine market still undersupplied.
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Unshaped refractory materials output in China increased in November, with a jump in alumina-silicon refractory materials production offsetting lower magnesia-based products.
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Chinese domestic spot battery-grade lithium carbonate prices were stable in the week ended Thursday December 27, with buyers in no hurry to make any purchases ahead of the New Year holiday. Lithium hydroxide prices in the country were similarly unchanged because consumers had no immediate need to restock.
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Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets.
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China’s battery-grade lithium carbonate prices stable; year-end lull keeps ROW markets subdued; PRICING NOTICE: Proposal to amend pricing schedule for European magnesia prices; consultation on grade; PRICING NOTICE: Proposal to launch new monthly frac sand prices
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Chinese domestic spot battery-grade lithium carbonate prices held steady this week with most producers still negotiating next year’s spodumene prices, prices in other regions were subdued in quiet end-of-year conditions.
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Fastmarkets IM proposes to launch three new frac sand prices.
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Fastmarkets IM proposes changes to the pricing schedule for Magnesia, fused, European, FOB Europe, to monthly from weekly
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Soft market conditions in China have had a direct impact on Orocobre’s short-term lithium contract prices.
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The spreads in the bauxite market have been widening, while concerns over China's 2019 supply flow increase and keep brown-fused alumina (BFA) and white-fused alumina (WFA) prices stable.
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