Grain market. Australia // Week 26
Most parts of Australia have seen favorable rains for crops.
Commodity markets
Soybean market // Week 26
Export quotes for US-origin soybeans have declined this week amid improved weather conditions.
Steel scrap market // Week 26
Not a single fresh deal for the supply of large-tonnage lots of imported steel scrap has been signed by Turkish metallurgical enterprises this week due to Eid al-Adha in the country.
Nitrogen fertilizer market // Week 26
By the end of the reporting week, sales of granular urea have been made at $335-340/t FOB Egypt.
Market of complex and potash fertilizers // Week 26
Demand for phosphate fertilizers is moderate in Latin America. EuroChem’s latest deal to sell 5-10,000 t of MAP has been signed at $430-435/t C&F Brazil with shipment in late July or August.
Grain market. South America // Week 26
In Brazil, corn prices have dropped amid the ongoing harvesting, as well as due to the pressure from the global downward trend.
Grain market. USA // Week 26
Export quotes for US corn have declined this week amid more favorable weather conditions and expectations for more rain in the near term.
Grain market. EU countries // Week 26
Prices for EU grains have started sliding down given the lack of supportive factors and high competition with Black Sea traders.
Iron ore market // Week 26
Prices for imported iron ore keep going up in China owing to inspiring economic expectations in the country and, as a result, growing iron ore futures.
Coal market // Week 26
The world market for thermal coal has been showing mixed price trend.