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China hog recovery, biodiesel to underpin ‘very strong 2021’: ADM
The recovery in China’s hog herd and renewed interest in biofuels, particularly from emerging green diesel solutions, will ensure...
March 4, 2021
·
By Timothy Worledge
Insights
RESEARCH: The Year of the Ox is bringing out the bulls
The strength of the economic recovery in China in 2020 defied the expectations of most market observers. According to estimates by Fastmarkets, apparent consumption in the country rose by 9% in 2020 compared with a 12% fall in the rest of the world.
March 4, 2021
·
By Marina Maliushkina
Insights
Cargill turns to capesize for Brazil-EU route amid panamax surge
Global agriculture giant Cargill has booked a capesize cargo vessel to ship dry bulk products out of Brazil to Europe to substitute...
March 3, 2021
·
By Johnny Huang
Insights
PRICING NOTICE: Proposal to launch standalone iron ore pellet premium index
Fastmarkets is proposing to launch a weekly iron ore pellet premium index to reflect the spot premium that "tier one" pellets achieve to its 65% Fe fines index on a cfr China basis. This would replace its existing implied pellet premium, which would be subsequently discontinued.
March 3, 2021
·
Insights
FOCUS: Key effects of China’s latest industrial crackdown in Tangshan on steel sector
A crackdown on industrial activity in Tangshan, China’s steelmaking hub, is sending jitters throughout the sector. Fastmarkets examines what it means for the steel industry.
March 3, 2021
·
By Alex Theo
Insights
China expands offshore wind capacity, aims for carbon neutrality by 2060
China will actively promote the development of offshore wind power as part of its effort to build clean energy infrastructure across the country, according to a carbon neutrality action plan issued by State Grid Corporation of China on Monday March 1.
March 2, 2021
·
By Ruby Liu
Insights
MORNING VIEW: Base metals prices weaker in Shanghai, mixed in London
Base metals prices on the London Metal Exchange were mixed this morning, Tuesday March 2, while on the Shanghai Futures Exchange they were mainly weaker.
March 2, 2021
·
By William Adams
Insights
PRICING NOTICE: Delayed publication of blister copper monthly RC
Publication of Fastmarkets’ assessment of blister copper refining charges (RCs) for February was delayed due to a reporter error.
March 1, 2021
·
By Julian Luk
Insights
VIETNAM STEEL SCRAP: Buyers shun imports on narrow scrap-billet spreads
Spot prices in the key Vietnamese scrap import market rebounded strongly during the week to Friday February 26, even though buyers with inventories were not actively purchasing due to high prices and the narrow scrap-billet spread, according to market sources.
February 26, 2021
·
By Paul Lim
Insights
China soymeal futures plunge amid macro selloff, trade warnings
Soymeal futures in China slumped on Friday as traders dumped positions amid a wider sell-off in the global market, with...
February 26, 2021
·
By Johnny Huang
Insights
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