The growth in Chinese shipments of batteries for energy storage systems (ESS) is far outstripping the growth in deliveries of batteries for electric vehicles (EVs), sources told Fastmarkets in the week to Friday November 1.

Industry titans from the packaging world convened in Chicago this week at the Fastmarkets’ Forest Products North America Conference & International Containerboard Conference. Read our key takeaways from the CEO discussion panel below.

Fastmarkets launches AG-TLW-0036 tallow, max 15% ffa, fob Santos, $/tonne; AG-TLW-0037 bleachable fancy tallow, max 5% ffa, cif Sao Paulo, Real/kg; and AG-TLW-0038 bleachable fancy tallow, max 3.5% ffa, cif Sao Paulo, Real/kg on Thursday October 31.

After a consultation period, Fastmarkets has discontinued the price due to a lack of liquidity and production of the commodity. All short-term forecasts associated with this price produced by the Fastmarkets research team, if any, have also been discontinued. If you have any comments on the discontinuation of this price, please contact Zihao Li by email […]

Steel leaders from throughout Latin America gathered during October 29-31 in Buenos Aires, Argentina, at Alacero Summit 2024 to learn more about the region’s growing importance in the global steel market

On Thursday October 24, the US Department of Treasury and the Internal Revenue Service (IRS) released the final rules regarding the Section 45X credits under the US Internal Revenues Code. The final rules clarify definitions and confirm credit amounts for eligible components, including solar and wind energy, inverters, qualifying battery components and applicable critical minerals. […]

In late September, the People’s Bank of China (PBOC) announced a cut in the existing mortgage rate by an average of 50 basis points.

Packagers moving from plastic to paper, particularly Amazon’s work to eliminate plastic bubble wrap with paper, contributed to the increase in shipments.

“Everyone expects an upturn in terms of demand but the market is not turning up,” one producer said.

Access a snippet of our monthly Latin America Paper Products Monitor, featuring an outlook for the market as whole as the region struggles to balance inflation and growth.