Steel scrap market // Week 20
Demand for imported steel scrap is weak in Turkey.
Commodity markets
Coal market // Week 20
Quotes for imported thermal coal keep falling in West European countries in the second half of May.
Sunflower oil market. Ukraine // Week 20
The sunflower oil market remained sluggish as unstable situation with the grain corridor and queues at the borders hampered exports.
Soybean market // Week 20
In the US, soybean prices have been sliding down due to high planting pace and expectations of heavy production.
Grain market. South America // Week 20
Export quotes for Brazilian corn continue to fall as offer exceeds demand. Buyers are waiting for a new crop and do not want to buy old crop grain.
Grain market. Australia // Week 20
The Australian grain export market is mostly stable and slack. Players focus on weather conditions and ongoing planting.
Grain market. USA // Week 20
In the US, corn prices have been sliding down amid high planting pace and expectations of heavy production.
Grain market. Kazakhstan // Week 20
Trade is low on the Kazakh grain market, which is referred to low activity on the export platform, as well as to the seasonal factor.
Grain market. Russia // Week 20
Export quotes for Russian grains continue to decline rapidly. The country’s Agriculture Ministry forecasts the volume of grain exports in the season 2023-24 at 50-55 million t.
Iron ore market // Week 20
Prices for imported iron ore have jumped up significantly in China after May 15.