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Turkey widens wheat tender terms as prices keep rising
Turkey’s state grain importer again widened the terms of an upcoming wheat tender, its second change to the terms...
January 20, 2021
·
By Tom Houghton, Alex Riabukha
Insights
PEOPLE MOVES: Tianqi Lithium appoints Xia Juncheng as CEO
Xia Juncheng has become the chief executive officer of Chinese lithium producer Tianqi with effect from Saturday January 16, according to a filing to the Shenzhen Stock Exchange.
January 20, 2021
·
By Carrie Shi
Insights
LIVE FUTURES REPORT 20/01: Copper back above $8,000/t; Al, Zn up 1%
There were gains across the board for the London Metal Exchange base metals this morning, Wednesday January 20, with a weaker US Dollar Index and a firm commitment on further stimulus in the United States pushing copper and aluminium up by 1.2% and 1% respectively.
January 20, 2021
·
By the Fastmarkets team
Insights
MORNING VIEW: Base metals prices mixed but dips find support
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were once again mixed this morning, Wednesday January 20, but the likelihood of plentiful US fiscal stimulus in the days ahead is likely to underpin markets at least for a while, although any new measures to tackle Covid-19 may well become a headwind.
January 20, 2021
·
By William Adams
Insights
US hot-rolled coil index holds under $1,140/t amid spot freeze
Hot-rolled coil prices in the United States held steady while buyers continued to struggle in their quest for spot tonnage at the domestic mills.
January 20, 2021
·
By the Fastmarkets team
Insights
Argentina truck driver strike slashes truck arrivals at key ports
Ongoing lorry drivers’ strike action causes big impact at Argentine grain ports: sources
January 19, 2021
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By Juan Pedro Tomas
Insights
HOTTER ON METALS: Covid-19 to kill the LME ring
Covid-19 appears to have claimed another casualty: the London Metal Exchange ring trading floor.
January 19, 2021
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By Andrea Hotter
Insights
LME proposes to permanently shut ring, incentivize electronic trade
The London Metal Exchange is proposing the permanent closure of its open-outcry trading floor and the incentivization of greater liquidity on its electronic trading platform, LMESelect.
January 19, 2021
·
By Andrea Hotter
Insights
Rusal partners with Mingtai Aluminium to produce low-carbon products
Aluminium producer Rusal has partnered with Henan Mingtai Aluminium to deliver low-carbon aluminium products to meet growing market demand, it said on Tuesday January 19.
January 19, 2021
·
Insights
LIVE FUTURES REPORT 19/01: Copper sole LME base metal to make gains; Al continues to fall
Copper was the only base metal on the London Metal Exchange to register a gain during morning trading on Tuesday January 19, while aluminium’s forward price continued to drop and tin recorded the biggest decline, with the complex still capped by a firm dollar.
January 19, 2021
·
By the Fastmarkets team
Insights
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