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DRC customs head backtracks on copper, cobalt export ban
Customs officials in the Democratic Republic of Congo have backtracked on a decree made just 24 hours earlier and re-approved the export of copper concentrate and cobalt from the country.
May 28, 2021
·
Insights
Russia publishes new export taxes for wheat, corn and barley
The Russian agriculture ministry has revealed details of its new floating tax for agriculture exports that will cover the upcoming...
May 28, 2021
·
By Masha Belikova
Insights
VIETNAM STEEL SCRAP: Buyers cautious amid falling steel prices in China
Import prices for ferrous scrap in Vietnam continued to fall in the week to Friday May 28 due to sentiment weakened by plunging steel prices in China recently.
May 28, 2021
·
By Paul Lim
Insights
Japan books 125k mt of July Canadian, US wheat
Japan’s agriculture ministry has booked 124,620 mt of Canadian and US milling wheat for July shipment, brokers said Thursday...
May 27, 2021
·
By Tom Houghton
Insights
FOCUS: Copper-producing countries want to reap benefits of record price
Copper's price is trading at all-time highs - and now the countries where it is mined the most want a piece of the action.
May 27, 2021
·
By the Fastmarkets team
Insights
MORNING VIEW: Most LME base metals trying to rebound, but copper struggling
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed during the morning of Thursday May 27, as were broader markets – are these pauses, or early signs of a stall?
May 27, 2021
·
By William Adams
Insights
Arg. inflation steps ‘counterproductive’, stokes farmer uncertainty
The latest interventionist measure imposed by Argentina’s government, a 30-day export ban on beef to control domestic...
May 25, 2021
·
By Liliana Minton
Insights
MORNING VIEW: Base metals’ recent corrections once again run into dip-buying
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mainly positive on the morning of Tuesday May 25, with only SHFE lead showing significant weakness.
May 25, 2021
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By William Adams
Insights
FOCUS: What China’s possible new steel export taxes mean for global ferrous industry
Market chatter about China possibly imposing new export taxes for steel as part of commodity price cooling measures has been rampant in the past week, causing traders and market participants to re-think their trading strategies, and overseas buyers to consider a potential supply shortfall.
May 25, 2021
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By Alex Theo
Insights
FOCUS: Chinese buyers seek more shredded scrap deals to bolster import volumes
A handful of recent cargoes of shredded steel scrap have successfully cleared through Chinese ports, raising hopes across the market that China may start to import more of this key material grade in the near future.
May 25, 2021
·
By Lee Allen
Insights
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