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Sea freight: prices still 192% higher than pre-Suez crisis
Steel transport costs are still 192% higher than before the security crisis in the Red Sea forced ships to bypass the Suez Canal. For steel that traditionally passed through the Red Sea, the average price of container ship transport has risen from EUR 1,400 per...
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...