What to expect in June on tin prices
Since the end of March 2020, tin prices, as well as most commodities, have developed a sharp rise, performing an unbelievable +142% (from lows to highs). What to expect then for June? Analyzing Uninterrupted Positive close: on a monthly basis, it is possible to...
Plastics: moderate increases in May. Italy, Plastic Tax postponed to 2022
The point on the Italian Plastic Tax. Yesterday, May 20, the Council of Ministers discussed the Decree Support Bis “Misure urgenti connesse all’emergenza da Covid-19, per le imprese, il lavoro, i giovani, la salute e i servizi territoriali”. Among the...
May seasonality confirms a negative trend for the month
Seasonality in the May suggested, in most cases, that the first 10 days of the month non-ferrous metals would continue the current bullish impulse phase, but in the remaining days of the month this impulse would slow down. In fact, things are currently moving in this...
Ferrous metals divided on cutting China’s steel output
Soaring prices for a range of ferrous products, including steel, iron ore and coke, since April have further divided ferrous market sources inside and outside China over their views on the possibility of Chinese steel production cuts, despite Beijing’s...
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