Chemicals: European markets observe consequences of potential sanctions
The risks fall into three categories: exposure to Ukrainian production; exposure to Russian imports; the potential for further increases in energy costs. On the other hand, there is caution that tensions could ease and, with that, some of the factors that...
Nickel – Aluminum – Copper: Russian invasion of Ukraine will impact supply
Russia's invasion of Ukraine is expected to have a significant impact on global aluminum supply and prices, while the news sent nickel prices on the Shanghai Futures Exchange to an all-time high on February 24. The most actively traded nickel contract on the Shanghai...
Nickel: price hits decade highs as tensions in Ukraine fuel concerns
Nickel rose to $25,130 a tonne for the first time since 2011, extending a rally driven by falling global inventories and concerns that tensions in Ukraine could disrupt supplies from key producer Russia. The metal, used in stainless steel and rechargeable batteries,...
Iron ore: China prevents excessive stockpiling to cool prices
Chinese authorities will prevent excessive accumulation of iron ore and guide businesses to ensure that traders bring inventories back to a reasonable level as soon as possible. The decision follows a conference organized by the National Development and Reform...
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