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Weak demand and aggressive bidding depress HDPE prices in Europe
Over the past week, the European high-density polyethylene (HDPE) market experienced an across-the-board decline in prices, particularly in the spot segments, due to a mix of negative factors: shrinking final demand, limited trade, a work week shortened by holidays,...
Europe Prepares For Trade Retaliation Against U.S.: Consultations On 95 Billion Goods Started
The European Commission has officially launched a phase of public consultations aimed at preparing a detailed list of products subject to trade retaliation measures against the United States. This initiative comes amid the still unresolved tensions between Brussels...
ADC12 Aluminum Alloy Spot Prices At Seven Month Lowest In China Despite Monetary Stimulus
ADC12 aluminum alloy spot prices in China fell in early May to their lowest levels in seven months, reflecting weakness in aluminum futures contracts listed on the Shanghai Futures Exchange (SHFE). The Chinese market has shown signs of fatigue despite support measures...
Discounts On Copper Scrap In China In Contraction In April Amid Tariff Pressures And Falling LME Prices
Discounts applied to the import of copper scrap into China narrowed significantly in April, reflecting the bearish trend in three-month copper prices at the London Metal Exchange (LME) and increasing tariff-related pressures. At the same time there has been an...