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Corn, soybean futures rally on low supply, Argentina export ban
Corn futures jumped 2% and soybean futures by a steeper 4% towards Tuesday’s market close, as an ongoing dispute between...
January 5, 2021
·
By Johnny Huang
Insights
Brazilian iron ore exports up 33% in December amid higher prices
Brazil’s iron ore exports increased by a third in December compared with a year earlier, according to statistics from the country’s economy ministry.
January 5, 2021
·
By Felipe Peroni
Insights
Tesla’s EV sales increase over 35% in 2020 despite Covid-19 setbacks
Delivery and sales from leading US-based electric vehicles (EVs) manufacturer Tesla showed strong growth over the course of 2020 despite the economic setbacks and logistic disruptions triggered by the global spread of Covid-19 and its economic consequences, according to data released by the company on Saturday January 2.
January 4, 2021
·
By Dalila Ouerghi
Insights
MORNING VIEW: Base metals start the year strongly and on high volume
The new year has started with optimism in the air and base metals prices on the London Metal Exchange and Shanghai Futures Exchange were up by an average of 1.8% and 1.4% respectively this morning, Monday January 14.
January 4, 2021
·
By William Adams
Insights
PRICING NOTICE: Nickel arbitrage calculation changes on import tax cut from January 1, 2021
Fastmarkets has updated its formula for calculating the daily physical nickel arbitrage in Shanghai, after China announced it would lower the import tax on certain non-alloyed nickel from 2% to 1%, from January 1, 2021.
January 4, 2021
·
By Sally Zhang
Insights
VIETNAM STEEL SCRAP: Attempted year-end sell off dampens sentiment
An increase in the number of physical scrap cargoes offered in key import market Vietnam in the the week to Thursday December 31 has dampened sentiment, market sources told Fastmarkets.
December 31, 2020
·
By Paul Lim
Insights
FOCUS: What are the differences in manganese ore ‘frozen stocks’ between 2020, 2019?
The rapid and significant falls in manganese ore prices in 2019 and 2020 have created "frozen stocks," which are believed to have acted as a buffer for the ore market while also demonstrating some different characteristics over both years, sources told Fastmarkets.
December 31, 2020
·
By Amy Lv
Insights
PRICING NOTICE: Decision to change publication day of China minor metals prices
Following a consultation period, Fastmarkets will change the publication day of its four China minor metals price assessments from Wednesday to Friday, 2-3pm London time.
December 28, 2020
·
By Ruby Liu
Insights
PRICING NOTICE: Decision to discontinue China tin premiums
Fastmarkets will discontinue its tin ingot premiums on a seaborne basis to China from the start of January.
December 24, 2020
·
Insights
TAIWAN STEEL SCRAP: Prices continue bull run ahead of Christmas holiday
Import prices for containerized ferrous scrap into Taiwan continued on an uptrend in the week to Thursday December 24 amid limited supply and strong demand.
December 24, 2020
·
By Paul Lim
Insights
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