Read Fastmarkets' wheat market update ahead of USDA report release

The US-UK trade deal removes tariffs on steel and aluminium while reducing automotive duties, offering relief to British industries and reshaping transatlantic trade dynamics. The agreement also signals broader implications for global trade negotiations, particularly regarding China and excess capacity in metals.

Under the proposal, less-frequent price assessments that fall on Chinese public holidays will be published on the nearest working day. The prices are being skipped according to the currently pricing holiday schedule. Fortnightly and monthly prices that fall on Chinese public holidays will be assessed and published on the closest working day in the same […]

The publication of Fastmarkets’ assessments of Shanghai bonded aluminium, zinc and nickel stocks for April 30 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The data effective for April 30 was published on May 7 as a result. The following assessments were affected:Shanghai aluminium bonded stocksShanghai zinc bonded stocksShanghai nickel […]

Soybean futures on the Chicago Mercantile Exchange fell for the second consecutive session on Wednesday April 30, pressured by selling in the soyoil market and plummeting crude prices.

The European Union’s Carbon Border Adjustment Mechanism will be implemented in seven months’ time but the region’s steel industry was still not fully prepared for the gradual changes the system will involve, Fastmarkets heard on Thursday May 8 at the Made in Steel trade fair in Milan, Italy.

US futures moved into positive territory on Wednesday April 30, on bargain buying following double-digit declines observed on Tuesday April 29.

The rationale for MB-LI-0012 spodumene min 6% Li2O, spot price, cif China, had erroneously stated that “Spodumene prices declined this session, amid continued weakness in lithium carbonate prices on the Guangzhou Futures Exchange (GFEX).” This has been corrected to “Spodumene prices declined this session, due to weakness in lithium markets and ongoing bearish sentiment.” The published price […]

Following the consultation which concluded on Thursday May 8, the frequency of the price will change from weekly to monthly, with the first assessment on a monthly frequency on Friday May 30, to better reflect the evolving dynamics in China’s antimony market. The new specifications are as follows, with the amendment in italics: MB-SB-0003 Antimony MMTA standard grade II, ddp […]

The price assessment tracks the weekly spot price of electrolytic manganese flake in the fob China market. The proposal was to change the publication frequency from weekly to monthly, following a review of market liquidity and internal data. After a consultation period, Fastmarkets has determined that current circumstances do not make the amendment to MB-MN-0007 Manganese 99.7% […]