China’s wheat imports this year will surge to nearly one-and-a-half times that of the last marketing year due to growing demand in the animal feed sector.
While crops in the United States and Canada are already being impacted by hot and dry weather conditions, China is looking to Australia for its high-protein wheat supply.
The scintillating pace of US corn exports has been the hallmark of the 2020-21 marketing year, but as the year winds up and thoughts turn to the new marketing year, the country’s export outlook lacks clarity.
Awareness and incorporation of environmental, social, and corporate governance (ESG) policies within the graphite market are slowly developing, with take-up greater downstream - especially in the anode sector - and among developing companies, sources told Fastmarkets.
Steelmakers increasingly envision a feasible path to carbon neutrality by deploying a diverse array of partnerships and technologies in clean energy, efficiency advances and novel production techniques.
GEM chairman Kaihua Xu has worked on building a path for recycling in China since the mid-1990s. He recalls the key steps along the way and discusses the growth and outlook for one of China’s leading recycling businesses with Susan Zou.
Shanghai-listed Hainan Mining says it will invest no more than 1.065 billion yuan ($164 million) for the construction of a 20,000-tonnes-per-year battery-grade lithium hydroxide plant in Dongfang Lingang Industrial Park in China’s Hainan province.
The global markets for containerized freight have entered even deeper water in recent weeks, with closures at the key port of Ningbo-Zhoushan in China leading to worsening cargo delays, port congestion and a further cutback in free days.
Low-volatility pulverized coal injection (PCI) prices in both the fob and cfr market jumped following price gains in coking coal the week to Friday August 27. And a shortage of railway wagons in Russia has delayed the transport of PCI to China, sources said.
Traditional relationships between prime steel scrap and lower-grade material in key Asian markets have shattered over recent months, market sources told Fastmarkets in early September 2021.