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A number of Palm Oil averages intended for the month of April were published with the month of May on May 1, 2025. The correct averages for April 2025 have now been published to the Fastmarkets Dashboard and API.
The US House of Representatives passed its version of the budget reconciliation bill, the so-called “One Big Beautiful Bill Act,” with a number of important changes to the Clean Fuel Production Credit (CFPC) created by Section 45Z of the 2022 Inflation Reduction Act on Thursday May 22.
A US court has struck down key reciprocal tariffs imposed by President Donald Trump, ruling that the International Emergency Economic Powers Act (IEEPA) does not grant unlimited tariff authority. While markets reacted positively, Section 232 duties on steel and aluminium remain in effect, prompting continued uncertainty and a likely appeal by the Trump administration.
President Trump’s endorsement of the $14 billion US Steel and Nippon Steel partnership sparks hopes for innovation and economic growth in manufacturing, but labor unions raise concerns about job security and workplace conditions, leaving stakeholders eager to see how it unfolds.
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In Hotter Commodities, special correspondent Andrea Hotter cuts to the chase on the biggest stories impacting the natural resources sector, what it means for the markets, the key risks and opportunities.
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