Prices for steel scrap imported into China rebounded after bullish sentiment dominated Chinese steel markets on Friday June 11, sources told Fastmarkets.

Fastmarkets is extending the delivery window for its price assessments of aluminium 6063 extrusion billet premiums in Europe to three months.

Buyers of bulk cargoes of scrap imports in the key Southeast Asian market of Vietnam were largely on the sidelines during the week to Friday June 11, due to falling domestic scrap and steel prices in the country, sources told Fastmarkets.

Rebounding demand from China and surging demand from North America and Europe is creating an increasingly volatile market for oilseeds and pushing food prices up. In that volatile environment, where are the opportunities and how do you manage risk in an increasingly uncertain landscape?

China’s government said it will take a series of measures to stabilise hog production and pork prices...

China's Ganfeng Lithium will set up a joint venture to invest in and construct a lithium project with an annual output 50,000 tonnes of lithium salts in Fengcheng city, Jiangxi province, it said on Wednesday June 9.

LME base metals have looked tired, having lost their upward momentum in the past few days, but underlying support looks plentiful, with all the base metals on the SHFE being in positive territory this morning, Wednesday June 9.

Bullish sentiment about nickel demand, particularly for electric vehicles, compared with long timeframes needed to increase mine supplies, has driven prices higher. But continuing uncertainties about the future timing and extent of nickel demand and supply growth have created a volatile market, reports Gregory DL Morris.

With the exception of tin that was perched just below recent multi-year highs and aluminium that was little changed, base metals prices on the London Metal Exchange were weaker this morning, Tuesday June 8.

Physical commodities trading company Trafigura Pte Ltd and agricultural commodities firm Yara International ASA have signed a memorandum of understanding (MoU) to collaborate on the development and promotion of ammonia as a clean fuel in shipping, Trafigura said.