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Ethylene – Propylene – Benzene: Swinging prices in February
In February, the price of ethylene oxide in China increased by 2.22% to EUR 19/mt. The quoted price of ethylene oxide in the China market stood at EUR 874/mt on 1 March. Industrial chain overview and ethylene market outlook The correlation between the price increase...
Copper: prices continue reaction
Copper prices on the LME edged higher on Wednesday as traders and investors awaited the results of a meeting of major Chinese smelters. The three-month benchmark copper on the London Metal Exchange (LME) is up 0.96 percent at $8,731/mt (09:05 Italian time). China's...
Market Analysis: Impact of the Growing Influence of Russian Aluminium and the Associated Risks
Reflection on the significant increase in the influence of Russian aluminium in LME warehouses and how this may affect price volatility risks. 🌍 Current Scenario: With the February figure standing at 91.12%, it is clear that Russian-branded aluminium is gaining ground...
HRC steel: EU market remains bearish due to low demand from buyers
The European hot rolled coil (HRC) market is in a still bearish trend, as buyers have refrained from placing orders, waiting for prices to bottom out. "There is no demand in the market at the moment," said a source at a German service centre. "Prices may fall further...