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Polyolefin prices rise in Poland due to product shortages
European polyolefin producers are trying to establish a new price level on the Polish market. Despite the minimal increase in monomer prices, polyolefin producers have abruptly raised prices. It is likely that, due to low demand and the ability of some processors to...
Steel: European apparent consumption will improve in 2024 but at a slower pace than expected
According to the steel association Eurofer, apparent demand for steel in Europe will start to improve in 2024, but not as quickly as previously expected and not before recording a year-on-year decline for 2023 - the fourth annual decline in the trading bloc in the...
Aluminium: Russian metal’s share of LME warehouses remains at 90 per cent
The share of available stocks of Russian-origin aluminium in London Metal Exchange (LME) approved warehouses remained stable at 90 percent in January, according to LME data on Monday. As part of wider sanctions against Moscow over its war in Ukraine, Britain...
Zinc: Trafigura delivers zinc to LME warehouses
Commodities trader Trafigura delivered large quantities of zinc to London Metal Exchange (LME) warehouses in Singapore under lucrative lease agreements, pushing stocks towards a 20-year high in November. Miner Glencore is also delivering zinc to the LME's registered...