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As metal trade shrinks, exchanges fight back with new products

10 January 2020 - 14:26
Base metals trading volumes shrank on all three major global exchanges last year as trade war uncertainty and range-bound markets dampened speculative activity.

Top Stock Market Players Named

8 January 2020 - 18:05
Finance securities topped the list of stock market players and industries in terms of value of trade during the last calendar month ending Dec. 21.

Middle East Stock Markets Suffer Losses after US Assassination of Iran's Top Commander

5 January 2020 - 19:24
Saudi Arabia’s Tadawul All Share Index (TASI) as well as other key Middle East stock exchanges were down on Sunday after the US' assassination of Iran’s top general triggered a new round of tensions between Washington and Tehran.

US Stock Markets Fall in Aftermath of Top Iranian Commander Assassination

4 January 2020 - 18:38
Dow Jones and S&P 500 stock indexes posted their biggest losses in a month after a US assault assassinated Islamic Revolution Guards Corps (IRGC) Qods Force Commander Lieutenant General Qassem Soleimani, tempered only by the buoyant mood of defense and oil-related shares.

Viewpoint: High stocks may cap 2020 Brazilian ferts

3 January 2020 - 19:37
Brazilian fertilizer prices may rise in early 2020 as high soybean and corn prices at CBOT drive more acreage, but it may not be enough to halt the freefall in MAP prices.

Viewpoint: Low stocks underpin US asphalt prices

31 December 2019 - 19:47
US asphalt markets are on course to strengthen in January, defying expectations of a substantial price slump amid the global transition to lower-sulphur marine fuels in 2020.

Southern India Pellet Offers Hit 6-Month High Amid Hike in P-DRI Prices

30 December 2019 - 19:04
Southern India (Bellary) based pellet makers have increased pellet offers by INR 300-400/MT starting this week. SteelMint’s assessment for pellets stands at INR 6,900-7,000/MT (Ex-Bellary) against last week's assessment at INR 6,600/MT. Pellet prices for Southern India have moved up by INR 700-800/MT M-o-M as against INR 6,200-6,300/MT (EXW) a month back. Bellary pellet prices are hovering at 6-months high as these levels were last seen in Jun'19.

Atlantic coking coal: Stockpiles drive down prices

18 December 2019 - 20:30
Poor spot demand in Europe, where several mills have been rolling over fourth quarter term shipments to the first quarter of next year, and high stock levels at US mines continue to put downward pressure on prices.

IEA sees big 1Q stock build despite deeper Opec+ cuts

12 December 2019 - 21:02
Global oil inventories could increase by 700,000 b/d in the first quarter next year, despite deeper output cuts agreed last week by the Opec+ alliance of producer countries, the IEA said today in its latest Oil Market Report (OMR).

Life after Fanya: Antimony price rally stalls

11 December 2019 - 18:57
Chinese antimony metal prices have slipped below profitable levels, indicating a gap between actual and expected demand that is leaving market participants struggling to gauge where prices might hit a floor.
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