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Potash: US sanctions may push Belarus into Putin’s arms
U.S. sanctions against the Belarusian potash industry, which have helped push fertilizer prices to record levels, could push President Alexander Lukashenko further into the arms of Russia. While Lukashenko has not yet asked Russia for support, the Kremlin expects the...
Aluminum: there are no more barriers for a +4.50% ascent
Looking at aluminum prices, there seems to be no more obstacles for a rise of +4.50%, between current prices and the highs recorded on 18/10/2021 at $ 3,228.50/mt. A price extension of at least +4.50% from current prices of $3091/mt to the $3,228.50/mt area is then...
China’s economy will face more uncertainty in Q1 2022
According to the National Development and Reform Commission (NDRC), in the first quarter of 2022, China’s economy will face more uncertainties, and as countermeasures, the Chinese government will advance the implementation of some policies, the progress of some...
Non-ferrous metals: session in strong recovery
Today’s session shows an excellent performance for non-ferrous metals, with nickel showing a daily growth of +3.69%, followed by tin +1.84%, copper +1.61%, lead +1.34%, zinc +1.08% and aluminum at +0.80%. Stay updated with Commodity Evolution to follow in detail...