WORLD : Decline in production capacity in South America From 07/12 to 11/12, prices for the March delivery in Chicago remained stable at $167/t. With the approach of the holiday season and the publication of a rather neutral USDA monthly report, prices changed little. The USDA’s December report left the US balance sheet unchanged compared… Read more »
WORLD: Disappointment following the China-USA agreement From 10 to 17 January, prices for the March maturity in Chicago remained stable at around $153/t. This is masking the strong variability of prices at the end of the week, following the signing of the China-US trade agreement and the presentation of its content, which was considered disappointing… Read more »
WORLD: Iranian-American conflic From 27/12/19 to 03/01/20, the Chicago March maturity lost $1.4/T to reach $152/T. The growing tensions between the United States and Iran are worrying operators because of the threats they pose to world trade and energy supplies. In addition, US exports have remained at low levels in recent weeks. Weekly figures for… Read more »