Date: Oct 4, 2018
Good morning from Fastmarkets MB’s offices in Asia as we bring you the latest news and pricing stories on Thursday October 4.
Three-month base metals prices on the London Metal Exchange were broadly up during early trading on Thursday following the release of positive economic data from the United States overnight.
Check Fastmarket MB’s live futures report here.
Premiums for zinc remained high in Asia over the past week, with elevated rates in China drawing units from elsewhere in the region as well as from Europe and
the United States. In lead, Indian premiums received a boost with Iranian material once again absent from the spot market.
Largo Resources Ltd continued to reach new production heights at its Maracas Menchen Mine during the third quarter of this year, with the company achieving record vanadium pentoxide (V2O5) production and record vanadium recovery rates.
