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Uncertainty in Asia forward buying of Black Sea new crop wheat
Traders grapple with high freight prices, Russian tax changes and extreme weather concerns. What does this mean for forward bookings of new crop Black Sea wheat?
July 19, 2021
·
Insights
China’s 2020-21 wheat import estimate to surge 140% on year
China’s wheat imports this year will surge to nearly one-and-a-half times that of the last marketing year due to growing demand in the animal feed sector.
July 19, 2021
·
Insights
MORNING VIEW: Base metals prices mixed – some consolidating, others driven higher by supply issues
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed on the morning of Monday July 19, with nickel and tin the standout performers, driven higher by supply disruptions.
July 19, 2021
·
By William Adams
Insights
Vulcan Energy signs ‘zero carbon’ lithium supply deal with LG Energy Solution
Australia-listed Vulcan Energy has signed a binding offtake agreement to supply South Korea's LG Energy Solution (LGES) with battery grade lithium hydroxide from it's 'zero carbon' facility in Germany, the producer said on Monday July 19.
July 19, 2021
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By Susan Zou
Insights
China continues to turn to Australian high-protein wheat
While crops in the United States and Canada are already being impacted by hot and dry weather conditions, China is looking to Australia for its high-protein wheat supply.
July 15, 2021
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Insights
Proposed export tax could price out Vietnam steel billet exports – sources
Vietnam is proposing to impose a 5% export tax on steel billet, which could make offer prices from the country's mills uncompetitive in key Asian markets, sources told Fastmarkets on Thursday July 15.
July 15, 2021
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By Lee Allen
Insights
Asia’s corn buyers seek bargains, but feed wheat remains priority
With strong freight values and limited supplies available, how long will the bargains last?
July 14, 2021
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Insights
SSF 2021: Automotive producers likely to lead the drive to ‘green steel’
Automotive producers are likely to be the first downstream sector to shift toward using “green steel,” Saudi Arabian steel producer Sulb Co's chief executive Ravi Singh told delegates at the Singapore Steel Forum 2021 on Wednesday July 14.
July 14, 2021
·
By Paul Lim
Insights
China turns its attention to Ukrainian barley as prices drop
Chinese importers are said to be in the market looking for Ukrainian barley production for August-October loading dates...
July 9, 2021
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By Masha Belikova, Cai Chen
Insights
COBALT FUTURES SNAPSHOT: Over 1,000 tonnes traded in June
The latest analysis from recent activity on the CME Group’s cobalt metal futures contract, cash-settled against Fastmarkets’ price assessment for cobalt, standard grade, in-whs Rotterdam.
July 9, 2021
·
By Dalila Ouerghi
Insights
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