• Cobalt oversupply brings change to long-term contracts

    04:46 PM @ 02/02/2024
    A ramp-up in cobalt hydroxide mined supply has led to a focus for producers to examine alternative pricing options to the traditional Rotterdam standard grade cobalt metal price as a basis reference. Alternatives have included the use of cobalt hydroxide payables, outright hydroxide prices and cobalt sulfate prices.
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  • China Northern Rare Earth net profit falls over 60% amid falling RE prices

    04:36 PM @ 02/02/2024
    Net profit at the Chinese rare earth producer was estimated to be in the range of 2.17 billion yuan ($303 million) to 2.33 billion yuan in 2023, a decrease of 3.65 billion to 3.81 billion yuan from 5.98 billion in 2022, according to preliminary calculations from the company’s finance department.
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  • Vietnam should stay proactive to cope with inflationary pressures

    04:01 PM @ 02/02/2024
    Although the average consumer price index (CPI) in 2023 increased by only 3.25% year-on-year and the January figure went up 0.31% over the previous month, meaning that inflation is under control, it is necessary for Vietnam to be vigilant against inflation, according to the Investment Review.
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  • Global natural rubber market forecast at $25.2 billion by 2032

    11:55 PM @ 31/01/2024
    The Global Natural Rubber Market Size is to Grow from USD 16.5 Billion in 2022 to USD 25.2 Billion by 2032, at a Compound Annual Growth Rate (CAGR) of 4.3% during the projected period according to Spherical Insights LLP. Natural rubber is an organic elastic hydrocarbon polymer derived from the latex sap of trees in the Hevea a
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  • Oil dips on faltering China economy

    11:31 PM @ 31/01/2024
    Oil prices fell on Wednesday, pressured by low economic activity in leading crude importer China and a surprise build in U.S. crude inventories as oil producers ramped up output after following frigid weather earlier this month.
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