The biggest mover on the weekly Renewables MMI® was the price of Chinese cobalt cathodes, which saw a 1.5 percent increase. This comes on the heels of a 2.4 percent decline the week prior.
Japanese steel plate prices held steady from the previous week. Korean steel plate remained unchanged for the week. Chinese steel plate prices were off slightly, down about $5 per metric ton from a week ago. Prices for US steel plate remained constant.
The Renewables MMI® collects and weights 8 metal price points used extensively within the renewable energy industry to provide a unique view into renewable energy metal price trends. For more information on the Renewables MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.