US corn futures dropped for a sixth consecutive trading day on Wednesday June 26 while rain continued to fall in growing areas of the Midwest, with market participants positioning before a USDA acreage report to be released on Friday.

Copper demand remains weak in China and Europe, with some European sources noting liquidity heading to the US while others note the market is slightly less quiet than the previous month and American sources agree that the market appears to be stabilizing from previous highs

Fastmarkets has corrected its US, Brazil and China (US Gulf) soybean crush margins, which were published incorrectly on June 20.

Fastmarkets has observed a missing data set in its fluorspar fob China pricing history. Price data for three fluorspar, FOB China assessments for February 8, 2024, were missing due to a reporter error.

Fastmarkets has corrected its MB-ALU-0002 alumina index, fob Australia and its MB-ALU-0010 alumina inferred index, fob Brazil, which were published incorrectly on Tuesday June 25 due to a back end calculation error.

German chemical producer BASF announced on Monday June 24 that it will exit a $2.6 billion investment in a nickel-cobalt refining project in Weda Bay, Indonesia due to significant changes in the nickel market since the inception of the project

The European Commission released its latest set of data on the imports of soybean, soybean meal, rapeseed, sunflower oil and palm oil into the EU

A low-carbon world will still need steel that can satisfy the diverse demands of a variety of downstream sectors, Frederik Leus, of ArcelorMittal’s Xcarb Business Development section, said in an address to Fastmarkets’ International Iron Ore and Green Steel Summit, being held in Vienna, Austria, on June 25

China’s magnet rare earth prices were flat in the week to Thursday June 20, with sellers resisting a further price decline amid persisting weak demand, Fastmarkets heard

Mexican secondary aluminium alloy smelter and distributor of primary metals ARZYZ Metals expects that the company’s new project to produce domestic flat-rolled products (FRP) will reduce Mexico's dependence on imports, a press officer told Fastmarkets on Monday June 24