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Teck in play; major shareholder stands firm against Glencore | Hotter Commodities
If the chairman emeritus of Teck Resources had previously only hinted at his thoughts on the future of the company his family founded, then he spelled it out very plainly on Monday April 17
April 18, 2023
·
By Andrea Hotter
Insights
Russia restates its demands for grain deal extension after April 11 inspection stoppage
Following a 24-hour suspension of all inspections, the Russian government proposes again to reconnect the national agriculture bank, Rosselkhozbank, to the Swift electronic payment system
April 17, 2023
·
By Masha Belikova
Insights
Money managers boost Chicago wheat net short to five-year high
According to data released by the US Commodity Futures Trading Commission (CFTC), investors added a large number of short positions in Chicago soft red winter wheat
April 17, 2023
·
By Mark Shenk
Insights
Robust construction, shipbreaking activity spur growth in GCC steel scrap markets
There is a real sense among participants that the ferrous scrap markets in Gulf Cooperation Council (GCC) nations may be getting ready to really heat up
April 14, 2023
·
By Lee Allen
Insights
Argentina’s soybean yield cut
According to a report by the Buenos Aires Grains Exchange, in the week to April 13, the country's soy yields dropped to historical lows, while its corn yields were stable at a depressed level
April 14, 2023
·
By Marcela Caetano
Insights
Concerns around financing for nickel grow after recent ‘bad press’
Financing has become increasingly challenging for the nickel market following recent negative headlines and poor market sentiment, participants have told Fastmarkets
April 14, 2023
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By Callum Perry
Insights
US aims for 67% of cars to be EVs by 2032 with ‘revolutionary’ tactic
The United States wants 67% of all vehicles be electric by 2032 under "revolutionary" emissions standards put forth by the Environmental Protection Agency (EPA)
April 14, 2023
·
By Orla O'Sullivan
Insights
Amendments, extension to cobalt standard grade, in-whs Rotterdam, cobalt alloy grade, in-whs Rotterdam prices
After an extended consultation period, Fastmarkets has amended its specified brands for cobalt standard grade and cobalt alloy grade. It will also clarify the duty status for the specifications of those prices.
April 13, 2023
·
By Justin Yang
Insights
Spot price volatility drives record volumes on CME lithium contract
The steep drop in global spot lithium prices over the past few months has helped to drive record-high volumes of trade on the year-old lithium hydroxide contract on the Chicago Mercantile Exchange (CME), Fastmarkets heard on Wednesday April 12
April 13, 2023
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By Dalila Ouerghi, the Fastmarkets team, Justin Yang
Insights
Tirupati Graphite acquires Suni graphite projects in Mozambique
Tirupati has added the Suni Resources graphite project in Mozambique to its existing graphite flake and downstream businesses in Mozambique and India, the UK-based company said on Monday April 3
April 13, 2023
·
By Jon Stibbs
Insights
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