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Freight rates slightly higher on Chinese port congestions
Freight rates for dry bulk commodities lifted for the second consecutive week in most routes monitored by Agricensus...
September 22, 2021
·
By Eduardo Tinti
Insights
COMMENT: Plunging iron ore prices, Evergrande and the global steel supply chain
The collapse of the iron ore market and market turbulence over Chinese property developer Evergrande Group are adding to the economic woes caused by the Delta variant of Covid-19 for much of this year.
September 21, 2021
·
By Paul Lim
Insights
Mark Sutton named North American CEO of the Year
Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), has announced that Mark Sutton, CEO of International Paper, has been named the 2021 North American CEO of the Year.?
September 15, 2021
·
Insights
China’s XTC to buy cobalt tetroxide and precursor materials from CNGR
Chinese battery materials producer Xiamen Tungsten New Energy Materials (XTC) has struck a deal with CNGR Advanced Materials Co for the supply of cobalt tetroxide and ternary precursor materials, XTC announced on Wedmesday September 15.
September 15, 2021
·
By Carrie Shi
Insights
China snaps up Brazil soybeans on urgent demand, tight US supply
Chinese soybean importers have turned to Brazil to secure cargoes for October shipment as a shortage of spot supply from...
September 14, 2021
·
By Cai Chen
Insights
US airlines pledge huge increase in use of sustainable aviation fuel by 2030
Following a promise from the White House to fund, develop and incentivize aviation biofuel, US airlines are pledging to use 3 billion gallons by 2030.
September 14, 2021
·
Insights
Q4 MJP aluminium talks face further delay – sources
Fourth quarter negotiations for aluminium into Main Japanese Ports (MJP) between producers and market participants have been extended for another week, with negotiations now expected to conclude on Friday September 17.
September 13, 2021
·
By the Fastmarkets team
Insights
Brazil soymeal premium hits high on robust demand, tight supply
Basis premiums over CBOT futures for Brazilian soymeal have jumped sharply in the second week of September, and to the...
September 10, 2021
·
By Liliana Minton
Insights
US-EU Section 232 pact seen sparking import surge
Steelmakers in the United States and the United Steelworkers (USW) union warned that a potential US accord with the European Union to end the dispute resulting from the former President Donald Trump administration’s Section 232 steel and aluminium tariffs could boost imports from Europe and hurt the domestic industry.
September 9, 2021
·
By Mark Shenk
Insights
China’s August soybean imports fall year-on-year on poor demand
China's soybean imports in August fell slightly from the same month a year earlier, as poor domestic crush margins weighed...
September 7, 2021
·
By Cai Chen
Insights
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