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Argentina soymeal slumps to 40% of world trade in 2020/21: BCR
The proportion of Argentine soymeal in international markets is expected to reach 39.9% in the 2020/21 cycle, the lowest level...
February 2, 2021
·
By Juan Pedro Tomas
Insights
STEEL SCRAP WRAP: Prices yet to hit bottom in downward drive
Global ferrous scrap prices have yet to hit the buffers in their downward plunge. Buyers in Asia were holding back from purchases in the week ended Friday January 29, swooping in only for low-priced cargoes, but demand from China could support prices in the near term.
January 29, 2021
·
By Amy Hinton
Insights
China’s вЂcorn diplomacy’ ushers in Biden era, Phase One anniversary
Friday’s confirmation that China had booked 2.1 million mt of US corn from the 2020/21 marketing year was among the more...
January 29, 2021
·
By Masha Belikova, Timothy Worledge
Insights
Lithium miner SQM to raise $1.1bln to fund production expansion plan
Chilean lithium producer Sociedad Quimica y Minera (SQM) shareholders have approved a plan to raise $1.1 billion through the sale of common stocks, the company said on Friday January 22 as part of its expansion plan across its product range, which includes lithium and other industrial chemicals.
January 25, 2021
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By Dalila Ouerghi
Insights
US hot-rolled coil prices moderating; demand remains firm
Hot-rolled coil prices in the United States have eased somewhat after soaring to a record high one week ago.
January 22, 2021
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By Patrick Fitzgerald
Insights
China on alert after first African swine fever case in three months
A new outbreak of African swine fever (ASF) has been detected in southern China, marking the first case of the disease reported...
January 21, 2021
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By Johnny Huang
Insights
Turkey widens wheat tender terms as prices keep rising
Turkey’s state grain importer again widened the terms of an upcoming wheat tender, its second change to the terms...
January 20, 2021
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By Tom Houghton, Alex Riabukha
Insights
HOTTER ON METALS: Covid-19 to kill the LME ring
Covid-19 appears to have claimed another casualty: the London Metal Exchange ring trading floor.
January 19, 2021
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By Andrea Hotter
Insights
EXCLUSIVE: Rabobank shuts commodity finance desks in London, Shanghai, Sydney
Rabobank will close its commodity trade finance desks in London, Shanghai and Sydney after reviewing the embattled sector last summer.
January 19, 2021
·
Insights
2021 PREVIEW: With steeply rising prices, is the EU steel industry set for a 2008-style crash?
After a rapid rise of domestic steel prices across Europe in the second half of 2020, market sources have been voicing concerns that the situation will echo the scenario in 2008 of a price spike quickly followed by a sharp fall.
January 18, 2021
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By Alexander Kershaw
Insights
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