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ANALYSIS: Fears mount over South American corn supply crunch
The sight of cash offers in Brazil’s FOB Santos hub reaching premiums of 200 cents over the December contract was the...
October 16, 2020
·
By Fastmarket team
Insights
VIETNAM STEEL SCRAP: Chinese demand for Vietnamese billet boosts spot prices
Renewed interest for Vietnamese billets from Chinese buyers and higher offers from Japanese scrapyards have boosted prices in the week to Friday October 16.
October 16, 2020
·
By Paul Lim
Insights
MORNING VIEW: Base metals, with the exception of lead, hold up well considering nervousness in broader markets
Base metals prices on the LME and the SHFE were mixed this morning, Friday October 16, but overall were holding up well despite growing concern over the spread of Covid-19 across Europe and the United States.
October 16, 2020
·
By William Adams
Insights
PRICING NOTICE: Proposal to launch steel HRC import (Japan, Korea, Taiwan-origin) price assessment
Fastmarkets is proposing to launch a steel hot-rolled coil import (Japan, Korea, Taiwan-origin), cfr Vietnam, $/tonne price assessment, to add value to its coverage of the flat steel sector in East Asia, after feedback from key market participants.
October 16, 2020
·
By Paul Lim
Insights
LME WEEK 2020: Base metals 2021 negotiations start in virtual ‘mating season’
With a virtual LME Week starting on Monday October 19, the base metals market is starting to focus on negotiating 2021 contracts. Here, read about how the evolving nature of virtual negotiations is affecting the aluminium, copper, nickel and tin markets.
October 16, 2020
·
Insights
US hot-rolled coil index closing in on $33/cwt
Hot-rolled coil prices in the United States are at their highest point in nearly 18 months amid a supply squeeze that shows no short-term signs of letting up, market participants said.
October 16, 2020
·
Insights
China soybean crush plunges to 6-mth low, stocks jump
China's weekly soybean crush volume slumped to its lowest level since early April as operation rates dropped sharply amid an...
October 15, 2020
·
By Johnny Huang
Insights
MORNING VIEW: Base metals, broader prices mixed on cooling market sentiment
Base metals prices on the LME and the SHFE were mixed this morning, Thursday October 15, with concerns over the spread of Covid-19 and the reduced likelihood of a US stimulus package any time soon dampening optimism.
October 15, 2020
·
By William Adams
Insights
US hot-rolled coil index steady near $650/t; supply outlook murky
Hot-rolled coil prices in the United States held mostly steady day on day, with some sources indicating that prices are on an uptrend while others were split on mill availability and lead times.
October 15, 2020
·
By Elizabeth Ramanand
Insights
PRICING NOTICE: Update to Fastmarkets’ consultation on low-carbon aluminium pricing
Fastmarkets is updating market participants on its initiative to price the physical low-carbon aluminium market.
October 14, 2020
·
Insights
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