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Final decision on open consultation on methodology for US tallow assessments
The assessments under review were: No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price […]
June 5, 2025
·
By Veronika Prykhodko
Insights
Argentine wheat, barley prices not published on January 20, February 17
Fastmarkets’ Agriculture publishing schedule has been updated accordingly. You can find the publishing schedule here. For more information or to provide feedback on the publishing schedule update, please contact Eduardo Tinti by email at: pricing@fastmarkets.com. Please add the subject heading “Argentina Grains publishing schedule, 2025.” Please indicate if comments are confidential. Fastmarkets will consider all comments received […]
June 5, 2025
·
By the Fastmarkets team
Insights
Open consultation on adhoc methodology review for soybean CFR China (US Gulf) prices
Due to the reduced liquidity in that market linked to the combination of seasonal demand patterns and the implementation of cross-border import tariffs between the US and China, Fastmarkets proposes to assess AG-SYB-0005 Soybean CFR China (US Gulf) $/mt and AG-SYB-0006 Soybean CFR China (US Gulf) Premium c$/bu based on its assessments for AG-SYB-0020 Soybean FOB US Gulf $/mt and AG-SYB-0021 Soybean FOB […]
June 5, 2025
·
By the Fastmarkets team
Insights
Seaborne iron ore price up amid increased trading
Seaborne iron ore prices are on the rise due to increased trading activity and stable market fundamentals, highlighting steady demand and opportunities for growth while emphasizing the importance of monitoring market trends to manage risks effectively.
June 5, 2025
·
By Alice Li
Insights
Steel traders grapple with ‘nightmare’ tariff doubling
The recent doubling of Section 232 tariffs to 50%, announced by President Trump, has introduced significant uncertainty to the US steel market, with traders reporting disruptions to imports, paused domestic mill quotes and concerns over potential price increases amid modest demand. Industry participants are now assessing how the additional costs will be absorbed across the supply chain.
June 5, 2025
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By Dan Hilliard, Alesha Alkaff
Insights
Amendment to European steel plate price assessments: pricing notice
After a month-long consultation period, Fastmarkets has amended the publication day of its weekly European steel domestic plate and import plate assessments from Wednesday to Thursday, to better align with related markets. The amended specifications are listed below (changes in italics): MB-STE-0034 Steel domestic plate 8-40mm, exw Northern Europe, €/tonneQuality: S235JR, width 2,500mm, length 12,000mm, thickness 8-40mm […]
June 5, 2025
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By Holly Chant
Insights
US scrap trends outlook: June 2025
Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our June survey.
June 4, 2025
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By the Fastmarkets team
Insights
Correction to alumina index, fob Australia, plus derived prices, on June 2/3: pricing notice
Fastmarkets has corrected its fob Australia alumina index, which was published incorrectly on Monday June 2 and Tuesday June 3 due to a back-end calculation error. Fastmarkets has also corrected all the related inferred indices. On June 2 the following prices were published incorrectly: Fastmarkets’ MB-ALU-0002 Alumina index, fob Australia, was published in error as $375.59 per […]
June 4, 2025
·
By James McKeigue
Insights
South Africa’s new critical minerals policy draw critical eye of buyers, miners
South Africa’s newly approved Critical Minerals and Metals Strategy and the draft of the 2025 Mineral Resources Development Bill (MRDB) have drawn significant attention from global market participants, particularly manganese and chrome buyers in China.
June 4, 2025
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By Tina Tong, Holly Chant, Jessica Long, the Fastmarkets team
Insights
Correction to rationale of crude palm oil, Indonesia PTPN tender
The rationale for AG-PLM-0017 crude palm oil, Indonesia PTPN tender had erroneously stated 1,000 tonnes traded, 5,000 tonnes offered. This has been been corrected to 1,500 tonnes traded, 5,000 tonnes offered. The published price is unaffected by this change. These prices are part of the Fastmarkets Ags Oils, Fats and Biofuels package. For more information or to provide […]
June 3, 2025
·
By Min Jie Yaw
Insights
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