Fastmarkets

📊 CBAM is approaching its definitive phase, while key elements, including benchmarks and default values, remain unfinalized. Early market signals already point to a shift toward carbon-linked cost formation. Swipe through the carousel for insights from our experts, Stuart Evans, Shyamal Patel and Ben Crick. Current patterns suggest: ♻️ Timing gaps between physical imports and certificate pricing are creating new risk ♻️ Widening performance differences across steel production routes ♻️ Steel emerges as the most cost-exposed sector due to high emissions intensities ♻️ Aluminium exposure is shaped by unresolved treatment of scrap and downstream loopholes ♻️ Uneven accumulation of carbon-related liabilities across major supply corridors Our new flagship report highlights these emerging dynamics and the structural forces likely to shape metals' competitiveness through 2030. Download the report for the detailed analysis: https://fmrkts.com/49VQGI5 #Fastmarkets #CarbonMarkets #CBAM

In a market where volatility rules, clarity wins. Discover how we deliver it at Fastmarkets ⬇️ Our trusted benchmarks support traders, producers, OEMs, and recyclers, enabling smarter pricing, planning and risk management across the battery value chain. If you buy, sell, or finance BRM, clarity matters. 🔋Fastmarkets provides over 380 price assessments for key materials like lithium, cobalt, nickel and graphite, helping you navigate the market with confidence. Discover how our BRM price suite, analysis and forecasts can support your decisions: https://fmrkts.com/4iJZseD A big thank you to our market development team – Przemek Koralewski and Callum Perry – for driving benchmark adoption and delivering market intelligence that makes our prices the trusted standard globally! #Fastmarkets #BatteryMaterials #SupplyChains #lithium

♻️ COP30 sparks a new wave of NDC updates, but alignment to 1.5°C remains limited Grace Lu and Nicola De Sanctis unpack what the latest Nationally Determined Contribution (NDC) 3.0 submissions reveal for 2035 climate ambition, national carbon pricing strategies and the road to 1.5°C. Key takeaways: 🟣 Twenty-nine countries updated NDCs around COP30, covering more than 45% of global emissions 🟣 China’s 2035 goal trims just 7–10% from peak, still far off 1.5°C path 🟣 Indonesia tightens its 2030 ambition but shows almost no additional reduction by 2035 🟣 Türkiye brings forward its expected emissions peak, yet its 2035 target is only 7% below 2030 levels 🟣 China, Indonesia and Türkiye would need to halve 2030 emissions to align with IPCC 1.5°C guidance 🟣 Participation under Article 6 diverges: Indonesia leads bilateral cooperation, China dominates 6.4 project transitions and Türkiye prepares its framework ahead of COP31 Read the full analysis: https://fmrkts.com/4pDueIw #Fastmarkets #CarbonMarkets #COP30

🛒 Procurement in the food and beverage industry is being reshaped by volatile prices, shifting regulations and carbon compliance. Are you prepared? We're excited to launch our new, integrated procurement intelligence for the food and beverage industry. We connect the markets behind your materials – packaging, ingredients, feedstocks and carbon – into one trusted, transparent view. Choose the intelligence that fits your needs with our four tailored bundles: ✅️ Packaging core: Unify commodity inputs with essential prices and news ✅️ Packaging enhanced: Strengthen negotiations with short-term forecasts and live exchange data ✅️ Food and beverage core: Prepare data-driven budgets with prices, news, and carbon credit intelligence ✅️ Food and beverage enhanced: Protect margins with advanced forecasts for grains, oils, fats and a carbon credit outlook Negotiate from a position of strength and plan with confidence. Learn more about how we can support your procurement goals: https://fmrkts.com/4riaWdj #Fastmarkets #FoodAndBeverage #SupplyChain #procurement

🌏 Is India having its 'metals moment' on the world stage? In the season finale of our Fast Forward podcast, we explore India's rise as a potential global powerhouse for key commodities like aluminium, copper and zinc. Host Andrea Hotter is joined by Vedanta Group CEO, Deshnee Naidoo, to discuss how industrialization, urbanization and electrification are driving domestic demand and enabling India to scale production. This shift could reduce global reliance on China. With additional insights from William Adams, we unpack the opportunities and obstacles shaping India’s future as a critical player in the global metals market. 🎙️ Listen to the full episode now: https://fmrkts.com/4rs6719 Available on Spotify, Apple Podcasts, Amazon Music or wherever you get your podcasts. #FastmarketsFastForward #metals #commodities #podcast

Last chance to register: https://fmrkts.com/3JQ3VzC Join our webinar on the future of battery metals, featuring experts from LSEG Data & Analytics, Reuters, CME Group and Fastmarkets. We'll be discussing market volatility, supply chains and what 2026 holds. Speakers: 💎 Andy Home 💎 Deborah Idowu 💎 Paul Lusty 💎 Ian Caton 💎 Erik Norland #Fastmarkets #BatteryMaterials #metals #webinar

📊 Leaked CBAM provisional benchmarks are largely in line with market expectations for aluminium and steel, but what do they signal for 2026? Key takeaways: 🟣 The draft annex sets out how SEFA and FAA will operate once CBAM enters its definitive phase 🟣 Benchmark calculations differ depending on whether importers declare actual emissions or use default values 🟣 Precursor-level calculations will be required for complex CBAM goods with multiple inputs 🟣 Default values are expected to carry higher cost exposure and remain the key unresolved element 🟣 Market reaction was muted as industry awaits country-level defaults and accreditor lists Laura Roberts and Julia Bolotova break down what this draft reveals for CBAM benchmark setting and early-stage cost determination. Read the full article at: https://fmrkts.com/488IZLZ #Fastmarkets #CBAM #CarbonMarkets

📥 Download our free whitepaper to strengthen your procurement strategy today: https://fmrkts.com/4o0fAtl Building a resilient supply chain in today's volatile market isn't just an advantage – it's a necessity. In partnership with CIPS - The Chartered Institute of Procurement & Supply, we've outlined four key strategies to turn risk into resilience. Swipe to explore actionable insights on: 🔄 Supplier diversification 🔄 Scenario-based planning 🔄 Dynamic should-cost modeling 🔄 Adapting to tariff volatility Get ahead of the next disruption. Download your free guide to building a more resilient and profitable supply chain. 💡What are the biggest supply chain risks you're currently facing? Let us know in the comments! #SupplyChain #RiskManagement #procurement

Don't miss out on our upcoming webinar with LSEG Data & Analytics, CME Group and Reuters. Sign up here: https://fmrkts.com/4r6RkZu Join our panel of experts Andy Home, Deborah Idowu, Przemek Koralewski, Ian Caton and Erik Norland as they discuss the future of battery metals, covering everything from supply chain pressures to the role of battery futures in a volatile market. If you're in trading, research, or anywhere in the battery metals value chain, this is a session you won't want to miss: 📅 Tuesday, November 25, 2025 ⏰ 9:00 GMT | 17:00 SGT 🔎 What’s the biggest challenge you see ahead for battery metals in the energy transition? Share your thoughts below! #Fastmarkets #BatteryMaterials #metals #webinar

COP30 Brazil is underway in Belém, and early signals are emerging across climate finance, forest protection and international carbon markets. Reporting from the summit, Sandy Oliveira outlines the announcements shaping expectations so far: 🟢 Brazil launched the $125 billion Tropical Forest Forever Facility, supported by 53 countries 🟢 Brazil and the UK introduced a programme targeting methane and other super pollutants across 30 developing countries 🟢 Honduras and Suriname advanced Article 6.2 implementation through Letters of Intent to develop sovereign rainforest credits with Deutsche Bank and the CFRN 🟢 Indonesia and Gold Standard initiated a digital MRV pilot expected to process 800,000 tCO₂e 🟢 Petrobras, BNDES and the Inter-American Development Bank announced long-term restoration and carbon procurement commitments 🟢 Gold Standard highlighted the need for digital certification tools and Paris-aligned methodologies 🟢 Corporate capital continued to move toward restoration, including IKEA’s Atlantic Forest initiative Read Sandy’s full analysis from Belém: https://fmrkts.com/4oGAgIh #Fastmarkets #COP30 #CarbonMarkets