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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
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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
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By Carrie Shi
Insights
MORNING VIEW: LME base metals mainly higher despite weak Chinese economic data
Base metals prices on the London Metal Exchange largely edged up on the morning of Wednesday September 15 after a day of weakness, but those on the Shanghai Futures Exchange were weaker because they followed movements in London on Tuesday and reacted to weaker Chinese economic data.
September 15, 2021
·
By William Adams
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
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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
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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
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By the Fastmarkets team
Insights
STEEL SCRAP WRAP: Demand ramps up in Turkey, Asia
Turkey returned to the deep-sea steel scrap market with renewed vigor in the week to Friday September 10 although regional mills kept their prices stable at lower levels while those in Asia went up on healthy demand over the period.
September 10, 2021
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By Amy Hinton
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
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By Liliana Minton
Insights
VIETNAM STEEL SCRAP: More interest for imported scrap amid surging China billet prices
Interest for ferrous scrap imports in Vietnam has increased during the week to Friday September 10 due to rebounding billet prices in China, sources told Fastmarkets.
September 10, 2021
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By Paul Lim
Insights
MORNING VIEW: Base metals and broader markets upbeat again
Base metals prices were higher on both the LME and the SHFE this morning, Friday September 10, with the broader markets also up. Additionally, metals that were previously looking vulnerable now look less vulnerable, suggesting traders are still comfortable being exposed to the metals.
September 10, 2021
·
By William Adams
Insights
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