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JX Advanced Metals, Mitsui Kinzoku, Marubeni and Mitsubishi Materials(MMC) inked a deal to integrate MMC’s copper concentrate procurement and related products sales business into Pan Pacific Copper (PPC), marking a significant consolidation of Japan’s copper concentrate purchasing sector amid persistent pressure from weak treatment and refining charges (TC/RCs).
As record-high US biofuel blending mandates and the 45Z tax credit drive competition for low-carbon feedstocks, used cooking oil, tallow and animal fats are becoming structurally constrained commodities that producers cannot rebalance through supply alone, a squeeze set to intensify well into 2026.
This week’s lumber market saw modest price shifts and slow sales. Mills struggled to ship orders, leading to backlogs, while buyers found discounts increasingly difficult to secure.
Tissue jumbo roll prices continued their upward trend in Europe during May, driven by rising input costs. Virgin fiber-based rolls increased by €20-30 per tonne, with similar hikes seen for recycled grades.
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