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China soybean crush plunges to 6-mth low, stocks jump
China's weekly soybean crush volume slumped to its lowest level since early April as operation rates dropped sharply amid an...
October 15, 2020
·
By Johnny Huang
Insights
MORNING VIEW: Base metals, broader prices mixed on cooling market sentiment
Base metals prices on the LME and the SHFE were mixed this morning, Thursday October 15, with concerns over the spread of Covid-19 and the reduced likelihood of a US stimulus package any time soon dampening optimism.
October 15, 2020
·
By William Adams
Insights
NEWSBREAK: China to release new standards for steel scrap imports by end of year
China will release new standards for steel scrap imports by the end of 2020, the National Standard Formation Committee said at a recycled raw materials conference in Shanghai.
October 14, 2020
·
By Jessica Zong
Insights
China’s HRC inventories up 8.5% in early October; steel output drops
Steel inventories at member mills of the China Iron & Steel Association (Cisa) and in the spot market both increased in early October, although mills cut crude and finished steel output, according to data released on Wednesday October 14.
October 14, 2020
·
By Jessica Zong
Insights
Slow harvest, low stocks push China corn futures to new high
Corn futures in China have set new record highs as traders remain bullish amid the country’s slow harvest pace, depleted...
October 13, 2020
·
By Johnny Huang, Masha Belikova
Insights
Southern China port impounds copper slag cargo that was shipped as ‘concentrates’
Customs officials in southern China have impounded just under 10,000 tonnes of copper ‘concentrates’ after it turned out to be smelting waste, which is prohibited from entering the country.
October 13, 2020
·
By Julian Luk
Insights
MORNING VIEW: Base metals prices mixed with LME down, SHFE up, as are equities
Base metals prices on the London Metal Exchange were weaker across the board this morning, Tuesday October 13, while those on the Shanghai Futures Exchange were either unchanged or firmer, as were equities.
October 13, 2020
·
By William Adams
Insights
China’s phase one agriculture buying brings out the bulls, but can logistics cope?
Soybean and corn export volumes test port capacity and force competition for finite logistics.
October 13, 2020
·
By Timothy Worledge
Insights
BREAKING: China’s steel mills asked to stop importing Australian coal – sources
Chinese power plants and steel mills have been asked by the authorities to stop importing thermal and coking coal from Australia, sources told Fastmarkets on Monday October 12.
October 12, 2020
·
By Min Li
Insights
MORNING VIEW: Base metals prices mixed, but sentiment more bullish again
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Monday October 12, but sentiment has turned more bullish, especially in aluminium, since China returned from its Golden Week holiday.
October 12, 2020
·
By William Adams
Insights
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