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Acceleration of forestry acquisitions in Brazil puts pressure on wood prices
On Wednesday December 20, Brazil’s largest packaging paper producer, Klabin, announced that it had purchased forest assets from Arauco for $1.16 billion. The deal covers a total of 150,000 hectares, concentrated in Paraná state in southern Brazil, including 85,000 ha of pine and bleached eucalyptus kraft (BEK) plantations, along with 31.50 million tonnes of standing […]
January 10, 2024
·
By Marina Faleiros
Insights
Scrap availability in focus for Europe’s secondary aluminium markets in 2024 | 2024 preview
Secondary aluminium markets in Europe should be significantly influenced by the availability of scrap through this year, with the rate of exports to Asia from Europe playing a key role in shaping price trends for ingot, according to industry sources
January 9, 2024
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By Declan Conway
Insights
Escalating oversupply in China’s gallium market | 2024 preview
With China's domestic producers increasing or expanding their capacities, the supply of gallium in the Chinese market is gradually rising. But due to uncertainties in the new year's export control policies and insufficient downstream demand, the market might face a more severe oversupply in 2024, according to sources
January 9, 2024
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By Nico Zhang
Insights
Fiercer competition in copper raw material market amid earlier-than-expected supply tightness in copper concentrate market | 2024 preview
A rapid change in the spot copper concentrate market since October has sent a clear signal of fiercer competition to secure copper concentrates in 2024, which will be felt in other copper raw materials markets, like blister and anodes, sources told Fastmarkets
January 9, 2024
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By Sally Zhang
Insights
Canada’s grain and oilseed exports fall to 1.6 million tonnes in the last two weeks of 2023
Canadian Grain Commission data suggested that the country's grain and oilseed exports fell at the end of 2023
January 8, 2024
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By Yana Suharskaya
Insights
China’s UCO exports to the US boosted, while flow to the EU slows in 2020-2023
Shipments of UCO from China have increased in the past three years to Asia and US, but the trend is moving in the opposite direction in Europe
January 8, 2024
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By Veronika Prykhodko
Insights
China’s fluorspar market this year: Three things to expect | 2024 preview
With China’s fluorspar prices hitting a record high in 2023, market participants in China expect export prices to fluctuate little throughout 2024, mainly due to shortage of supply
January 8, 2024
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By Nina Hu
Insights
Nickel investments in Indonesia may slow on falling prices, geopolitical risk | 2024 preview
The pace of Chinese companies' heavy investments in Indonesian nickel may slow in the new year with slumping prices eroding profitability amid additional geopolitical risks, Fastmarkets heard
January 8, 2024
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By Yiwen Ju
Insights
China’s iron phosphate prices resume descent amid continuous oversupply and weak demand
Battery-grade iron phosphate prices in China turned lower again in the week to Friday January 5, with oversupply and weak demand forcing some sellers to lower prices aggressively to boost sales
January 8, 2024
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By Zihao Li
Insights
What the sale of US Steel augurs for the American steel industry
The biggest steel story of the decade broke over a lazy summer Sunday in August 2023 – US Steel, the legacy steel producer that was synonymous with American steelmaking for decades, announced it had received “multiple unsolicited proposals” for the acquisition of its assets, and that the Pittsburgh-based steelmaker had started a “strategic review” of its options
January 8, 2024
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By the Fastmarkets team, Rijuta Dey, Alesha Alkaff
Insights
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