The recent February heat wave across the central U.S. allowed millions to turn off the heat, but the winter savings on the heating bill could end up costing us more down the road.
(Bloomberg) China’s equity futures market has restored some sense of normalcy after a period of extreme discounts, a sign that relentless bearishness may be fading as policymakers step in to calm investor nerves.Most Read from BloombergNvidia Surges After AI Boom Shows No Signs of Letting UpBiden Touts $1.2 Billion in Student Loan Relief With Eye to 2024Tech Up in Late Hours on Nvidia’s Bullish Outlook: Markets WrapYour 401(k) Will Be Gone Within a DecadeChina Tightens Grip on Stocks With Net
SMM News on February 22nd: With the rapid expansion of iron phosphate production capacity, the situation of industry overcapacity is gradually worsening, leading to a decline in iron phosphate prices. The market competition is getting fiercer, and iron phosphate companies are finding it increasingly difficult to make a profit. The price bottom line is constantly being tested.
Spot bitcoin ETFs are finally here, attracting billions and challenging all pre-existing crypto-based ETFs. Does that spell the end for bitcoin futures funds? Not so fast. ProShares is doubling down.
Australian lithium mining company IGO announced changes to the long-term off-take pricing model for the world's largest lithium mine, Greenbushes, owned by the company, Tianqi Lithium, and Albemarle. The new settlement method will use the average lithium salt price of the previous month of shipment, with a 5% discount, compared to the previous method of using the average lithium salt price of the previous quarter. The production guidance for FY24 lithium spodumene concentrate has also been lowered. This change reflects the current trend of lowering prices in the lithium mining industry, as prices for lithium spodumene concentrate have been declining. Various mining companies are focusing on reducing production costs, and if the prices continue to drop, there is still room for further decline in the import price of lithium spodumene concentrate.