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MORNING VIEW: Base metals prices quiet, mixed while they wait for direction
With the exception of tin that was perched just below recent multi-year highs and aluminium that was little changed, base metals prices on the London Metal Exchange were weaker this morning, Tuesday June 8.
June 8, 2021
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By William Adams
Insights
ENERGY TRANSITION: Trafigura, Yara sign MoU to develop clean fuel for shipping
Physical commodities trading company Trafigura Pte Ltd and agricultural commodities firm Yara International ASA have signed a memorandum of understanding (MoU) to collaborate on the development and promotion of ammonia as a clean fuel in shipping, Trafigura said.
June 7, 2021
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By Andrea Hotter
Insights
MORNING VIEW: LME metals mixed after Friday’s employment data rebound falters
Base metals prices on the London Metal Exchange were mainly lower this morning, Monday June 7, after the rally sparked by Friday’s worse-than-expected US employment report ran out of steam.
June 7, 2021
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By William Adams
Insights
MORNING VIEW: Metals encounter resistance in high ground, in danger of looking top-heavy
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were generally weaker on Thursday June 3 morning, although nickel bucked the trend on both exchanges.
June 3, 2021
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By William Adams
Insights
ENERGY TRANSITION: The complex path to net zero
Technology entrepreneur Elon Musk once described the ongoing use of fossil fuels and their generation of a vast carbon footprint as “the dumbest experiment in human history.”
June 2, 2021
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By Andrea Hotter
Insights
Peak Resources to build UK’s first-ever rare earths refinery in North Yorkshire
Peak Resources will build the UK's first rare earths refinery after the Australia-listed mining company took out a £1.85-million ($2.63 million) lease on a production site in Redcar on the River Tees in North Yorkshire, England.
May 28, 2021
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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
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By the Fastmarkets team
Insights
Analysis: Brazil’s Northern Arc could catalyse export boom in next decade
Brazil's northern ports - the so-called Northern Arc - will be pivotal in driving the country’s corn and soybean exports over the next decade due to the new investments that will continue to improve the region’s infrastructure, sources said.
May 19, 2021
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Insights
US to make up for lost time in transition to low-carbon world, Yellen says
The United States plans to “make up for lost time” in the battle against climate change by developing new technologies and investing in the products that will drive the transition to a global, low-carbon economy, according to the country’s Treasury chief, Janet Yellen.
May 18, 2021
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By Andrea Hotter
Insights
Iron ore’s most volatile week: How we got here and what comes next
Fastmarkets’ 62% Fe iron ore fines index just experienced its most volatile week on record: a biggest-ever daily gain of $18.31 on Monday May 10 came before a new high of $237.57 per tonne on May 12, followed by a record daily loss of $28.78 on May 14.
May 18, 2021
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Insights
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