The London Metal Exchange has been fined $12 million by the Financial Conduct Authority (FCA) for its role in the rollercoaster nickel market saga three years ago

The last assessments for the LWC and SC rotogravure grades will be published on April 3, 2025. The prices will be discontinued on April 30, 2025. The affected prices are: FP-GP-0055 SC rotogravure reels 56-g, Spain, €/tonneFP-GP-0057 LWC rotogravure reels 60-g, Spain, €/tonne To provide feedback on this discontinuation, contact Sharon Levrez by email at: pricing@fastmarkets.com. […]

In the week to March 13, US soybean meal and soybean cake sales fell slightly, while exports increased, the latest USDA figures released on Thursday, March 20 showed. US 2024-25 soybean meal and cake sales reached 182,200 tonnes, down by 1% on the week and by 20% from the four-week average, but within average market […]

The proposal follows preliminary discussions with the market, which suggest that these products are no longer active in the Chinese market. Specifically, Fastmarkets is proposing to discontinue: FP-GP-0241 UWF, Gold Ball, 70-100g, Beijing (tax included), RMB/tonneQuantity: 100 tonnesLocation: Beijing China, deliveredTiming: Orders taken in the week to date for shipment in the current week.Unit: Yuan per tonnePayment terms: […]

Why vacillating tariff decisions will lead to price surges, but the fundamentals will prevail in the US steel market

Fastmarkets has corrected its MB-IRO-0188 - Iron ore 67.5% Fe pellet feed cfr Qingdao and MB-IRO-0013 - Iron ore 65% Fe concentrate cfr Qingdao indices, which were published incorrectly on Wednesday March 19 due to a technical calculation error.

These inferred net price indices would be calculated based on the PIX Pulp Europe (gross) price indices and Fastmarkets’ assessment of typical rebates offered to customers. The basic specifications for the new inferred net price indicators would be as for the PIX Pulp Europe gross price indices. The consultation period for this proposed launch starts […]

Full details of the prices covered by this consultation can be found here. Specifically, Fastmarkets requested comments on whether the current discount levels for European pulp have grown too high and invited open-ended feedback on potential remedies moving forward. Feedback from the industry was mixed, with a number of potential remedies suggested by the industry including […]

Forecasting is not an absolute exact science, but it provides a general expectation of future growth scenarios based on assumptions. Accessing two, five and 15-year forecasts by region and grade enables parties to plan around market changes. At Fastmarkets, our macroeconomic forecasts serve as a foundation for various forestry product forecasts, such as pulp, packaging, […]

Malaysia’s palm oil exports during March 1-15 totalled 381,790 tonnes compared with 422,425 tonnes the preceding month due to lower purchases from key destination markets, according to figures from cargo surveyor Intertek Testing Services (ITS).The figure excludes shipments of soft oils, coconut oils and used cooking oil (UCO), with the volume down by 10%, or […]