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US soybean oil stocks to remain tight as biodiesel use grows
Explosive growth in renewable diesel production has led to an extremely tight US soybean oil supply/demand situation that could take months, if not years, to alleviate.
July 26, 2021
·
Insights
STEEL SCRAP WRAP: Seasonal slowdown sends down prices in major markets [CORRECTED]
The Turkish steel mills continued to limit their deep-sea scrap bookings in the week ended Friday July 16 due to weak finished steel sales, while the downturn in the country had a knock-on effect on prices in the global markets.
July 23, 2021
·
By Amy Hinton
Insights
SOUTH ASIA STEEL SCRAP: Markets steady on slow trading
Prices for shredded steel scrap imports into Pakistan and India were stable on Friday July 23 due to slow trading and public holidays, sources told Fastmarkets.
July 23, 2021
·
By Carrie Bone
Insights
Vietnam Steel Association leads pushback against proposed billet export tax
The Vietnam Steel Association (VSA) is leading an industry-wide pushback against the country’s proposed export tax of 5% on steel billet, it said on Friday July 23.
July 23, 2021
·
By Paul Lim
Insights
MORNING VIEW: Gains across most base metals suggests underlying sentiment remains bullish
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were generally stronger this morning, Friday July 23, the exception was lead on the LME that was down by 0.5%, but that was after a strong gain on Thursday.
July 23, 2021
·
By William Adams
Insights
Historic crop loss expected as new frosts hit Brazilian corn areas
A new wave of frost raises concerns for the state of the corn market in Brazil.
July 22, 2021
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Insights
Vietnam’s feed margins under pressure, production down 20-30%
Local traders in Vietnam expect corn imports to fall in the second half of 2021 as another Covid-19 wave and national lockdown...
July 22, 2021
·
By Veronika Prykhodko
Insights
PRICING NOTICE: Early publication of Asia ferro-silicon prices
Fastmarkets’ Asia ferro-silicon prices were published early today due to an editor error.
July 21, 2021
·
By Janie Davies
Insights
Fastmarkets successfully completes first Iosco assurance review of its agriculture division and Wheat Germany price
Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), is excited to announce the successful completion of its first external assurance review of its agriculture division.
July 21, 2021
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Insights
PRICING NOTICE: Open consultation on methodology for Northern Europe, US HRC indices – final decision
Fastmarkets invited feedback from the industry in an open-consultation process on the pricing methodology for its Northern Europe and United States hot-rolled coil indices.
July 21, 2021
·
By Grace Asenov
Insights
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