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Correction to wheat 13.5% FOB Canada CWRS on June 30
The corrections are as follows: AG-WHE-0028 Wheat 13.5% FOB Canada CWRS $/mt Incorrect prices: M1 July $279.00 per tonne M2 August $53.75 per tonne M3 September $55.50 per tonne M4 October $48.25 per tonne M5 November $48.25 per tonne M6 December $50.25 per tonne M7 January $41.00 per tonne M8 February $39.25 per tonne M9 March […]
July 1, 2025
·
By Mark Shenk
Insights
Proposal to discontinue AG-WHE-0025 Wheat 10% FOB US Pacific Northwest SW Premium c$/bu
The Wheat 10% FOB US Pacific Northwest SW market typically trades on an outright price basis instead of as a premium to Chicago Mercantile Exchange futures. For that reason, Fastmarkets proposes to discontinue the AG-WHE-0025 Wheat 10% FOB US Pacific Northwest SW Premium c$/bu assessment while keeping its AG -WHE-0027 Wheat 10% FOB US Pacific Northwest SW […]
July 1, 2025
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By Mark Shenk
Insights
Increased publication frequency of some UK, Europe, Turkey steel scrap prices, change to indices
The prices are: The changes were made in order to ensure that the liquidity and price volatility in these markets is adequately captured. The changes were welcomed by market participants seeking more granular coverage and increased transparency. In the UK, the decline of domestic steelmaking means the scrap market is dominated by exports. Exporters told Fastmarkets that […]
July 1, 2025
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By Ross Yeo
Insights
Five takeaways from Fastmarkets’ Lithium Supply and Battery Raw Materials Conference 2025
The 2025 Fastmarkets Lithium Conference in Las Vegas highlighted critical issues shaping the battery supply chain, including lithium oversupply, funding struggles and the need for midstream investment. Discussions also emphasized the importance of interdependence with China and the challenges faced by recyclers amid policy uncertainty and market headwinds.
July 1, 2025
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By Ewan Thomson
Insights
Correction to rationale of Vietnam steel scrap import price assessment
The rationale for MB-STE-0783 steel scrap, HMS 1&2 (80:20), cfr Vietnam, had wrongly said that offers of containerized scrap were heard at $285 per tonne. This has been corrected to show that such assessments were heard at $285 per tonne. The published price is unaffected by this change. This price is part of the Fastmarkets […]
June 30, 2025
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Insights
Brazil announces increase of biodiesel blend to 15% from August 1
The Brazilian National Energy Policy Council (CNPE) will increase the country's biodiesel mandate to 15% starting on August 1, from the current blend of 14%, the council announced on Wednesday June 25. It will also increased the percentage of anhydrous ethanol in gasoline from 27% to 30%, also starting from August 1.
June 30, 2025
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By Leticia Pakulski, Marcela Caetano, Taís Laporta
Insights
Global wheat price commentary: US, European futures advance for first time in six sessions
US and European wheat futures advanced for the first time in six sessions on Friday June 27 while market participants speculated that this week’s price declines were steeper than justified by market fundamentals and after China and the US confirmed that they reached a trade agreement.
June 30, 2025
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By Fastmarket team
Insights
‘Probably miscalculated’ assumptions at Kakula mine force Ivanhoe to overhaul entire Kamoa-Kakula complex: CEO
'Probably miscalculated’ assumptions at Kakula mine force Ivanhoe to overhaul entire Kamoa-Kakula complex, explains CEO Marna Cloete.
June 27, 2025
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By the Fastmarkets team, Julienne Raboca
Insights
Southeast Asia’s non-ferrous scrap hub role tested by import hurdles, trade tensions | CMRA Bangkok
Tariff concerns and opaque import regulations dominated discussions among aluminium and copper scrap market participants at the 2025 ASEAN Recycling Metals International Conference held in Thailand on June 18-20.
June 27, 2025
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By Carman Chew
Insights
Rio Tinto sharpens focus on direct lithium extraction and Lithium Triangle
Global mining major Rio Tinto has sharpened its focus on lithium, betting not just on traditional hard rock or brine evaporation but on an emerging technology that could reshape the industry - direct lithium extraction (DLE)
June 26, 2025
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By Viral Shah, Ewan Thomson, the Fastmarkets team
Insights
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