Gasoline: Softer Demand Hurts
Macroscopic review of U.S. gasoline futures, copper futures, and lithium carbonate prices.
Macroscopic review of U.S. gasoline futures, copper futures, and lithium carbonate prices.
Sectoral macroscope.
Hindalco's Silvassa extrusion plant and Chakan battery fabrication plant will be pivotal in tapping into the growing EV market.
Sector macroscope: Copper, Cocoa, and Aluminium.
Mining and trade of most of the 'key energy transition minerals' such as copper, lithium, nickel, cobalt, graphite and rare earth supply chain are owned by Chinese companies.
In the metals market, Gold has surged to a new all-time peak, Copper futures experienced substantial gain, and HRC Steel prices have declined 22.69% since the beginning of 2024.
Ethanol futures dropped to $2.11 per gallon, marking the lowest level since February 2022, owing to production expansion, adjusted blending mandates, and increased stockpiles.
The stock price got a boost as Anil Agarwal plans to transfer Zambia’s Konkola Copper Mines from his group’s holding company Vedanta Resources to Vedanta.
The hazardous nature of e-waste is compounded by improper handling leading to a significant loss of valuable materials, says Kumar Mangalam Birla
EV projections show demand for these materials ranging from two to 12 times the current levels by 2030, depending on the mineral, with the largest growth rate for lithium.