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PRICING NOTICE: Open consultation on Fastmarkets FOEX methodology for PIX Pulp China Price Indices
Fastmarkets FOEX is inviting feedback from the industry on the pricing methodologies for its PIX Pulp China price indices, as part of its annual methodology review process. This consultation, which is open from May 21 until June 18, 2021, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance […]
May 21, 2021
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By Generic people page
Insights
DAILY STEEL SCRAP: Turkish mills continue July bookings; prices remain strong
The Turkish steel producers continued their deep-sea scrap purchases at slightly higher prices for July shipments, market sources told Fastmarkets on Thursday May 20.
May 20, 2021
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By Cem Turken
Insights
FOCUS: Narrow Asian lithium hydroxide price gap to persist in 2021, sources say
The battery-grade lithium hydroxide price in the seaborne Asian market has been mostly at parity with its peer in the domestic Chinese market during May, with the former closely tracking the latter amid overall tight spot availability in the region.
May 20, 2021
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By Dalila Ouerghi
Insights
MORNING VIEW: Base metals prices find some dip-buying support after Wednesday’s sell-off
Base metals prices on the London Metal Exchange were mainly stronger this morning, Thursday May 20, on dip buying, while those on the Shanghai Futures Exchange were down across the board in reaction to the 3.5% average loss on the LME on Wednesday.
May 20, 2021
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By William Adams
Insights
How copper’s mine-supply crunch is driving prices to record highs
London Metal Exchange three-month copper futures hit $10,720 per tonne in May amid disruption from the Covid-19 pandemic and political tensions affecting material supply from mines.
May 20, 2021
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Insights
DAILY STEEL SCRAP: Mills resume bookings despite holiday period, prices move up
Turkish steel mills resumed booking deep-sea scrap late on Tuesday, resulting in higher prices, sources told Fastmarkets on Wednesday May 19 - the start of a public holiday in the country.
May 19, 2021
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By Ross Yeo
Insights
Cash market wrap: Futures collapse post-Wasde update
Our weekly recap of the main movements in global cash markets after the World Agricultural Supply and Demand Estimates (Wasde) May report.
May 19, 2021
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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
BETTING ON BLOCKCHAIN: MineHub partners with Contour to add digital LC functionality
Blockchain technology platform MineHub and digital trade finance network Contour have partnered to integrate their digital metals, mining-focused supply chain, and trade finance technology, the companies said.
May 18, 2021
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By Andrea Hotter
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
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