United Grain Corporation’s Post

Vietnam ▶️ USA. That wraps up another successful direct delivery right from our manufacturing floor in Vietnam straight to one of our customers in the United States! This shipping container of finished goods is scheduled to arrive in the States in four weeks and with no tariff taxation on CNC manufactured goods from Vietnam to the USA, this means big money savings for our clients. What a win-win situation! 💯 #MiningManufacturing #MiningSolutions #TrustedSupplier #GlobalSupplier

What a great post Laurent Kahl! Very fascinating to see the diversity of industries and distribution. Operating with intelligence in these areas, requires deep insights and fast analysis. #globalrisk #supplychain #riskinsights

𝗪𝗶𝗿𝗲 𝗿𝗼𝗱 𝗽𝗿𝗶𝗰𝗲𝘀 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗶𝗻 𝗜𝗻𝗱𝗼𝗻𝗲𝘀𝗶𝗮 The #ASEAN import market for wire rods seems to have stabilized this week. The market is being supported by the increasing futures market in #China. The ASEAN import market for #wirerods seems to have stabilized this week. The market is being supported by the increasing futures market in China. Additionally, there is market talk that China Customs has detained a significant volume of steel exports at #Tangshan port for VAT payment compliance checks, effectively removing low-priced Chinese offers from the market. An Indonesian mill has reportedly increased its export prices for low-carbon 6.5mm diameter wire rod to USD...𝗖𝗹𝗶𝗰𝗸 𝗺𝗼𝗿𝗲 ⬇; https://lnkd.in/dZqDhren

Cash market highlights - China bot 6-7 cargoes out of the US and 3-4 Brz - Crush margin Brz improved. Crushers are buying NC and selling smeal Fob. Trades for Apr ystd - Smeal Vincentin terminal Arg is out due to a vessel accident - Brz increased import tariffs over chemicals and some fertilizers. Corn futures in Brz Sep25 jumped ystd.

The 26,000 tons from Vietnam purchased on Friday were estimated to have been bought at $562.50 a ton cost and freight (c&f) included with trading house Phat Tai said to be the seller. #vietnam #indonesia #rice #paddy #cereals #shipping #import #export #trade #internationaltrade #dailyinsights #business #economy #news

China’s refined #nickel #exports reported 15,030.727 tonnes in July, rising drastically by 45.21% month on month (MoM) and creating a high-time #high, according to data from the General Administration of Customs of the People’s Republic of China (#GACC). On the contrary, China’s refined nickel #imports dropped 42.02% MoM at 4,245.468 tonnes in the same period. China’s #refinednickel #exports rose palpably in July thanks to large exports via entrepot trade in #bonded zones. Full story 👉 https://lnkd.in/gxy779uz

While everyone is talking about the Indian tender, Uralkali’s greed, and the potash price with Chinese importers at $273 per metric tonne CFR, the previous contractual price was $307 per metric tonne CFR. This is not a good sign for the other MOP producers, who continue shipping to China and India under the “reserve price.” Think Campotex will be next to lower its price. It will be interesting to see the Brazilian price reaction. #potash #mop #china #uralkali #campotex #imstory

US Mills File for Dumping Investigation Against Galvanized Sheet Imports from 10 Countries U.S.-based steel producers have filed applications for the initiation of ⭕ #Dumping Investigation against #galvanized #sheet imports from #Australia, #Brazil, #Canada, #Mexico, the #Netherlands, #SouthAfrica, #Taiwan, #Türkiye, the #UAE and #Vietnam, ⭕ Countervailing Duty (#CVD) Investigation against imports from #Brazil, #Canada, #Mexico and #Vietnam (in addition to the dumping investigation). 2024-H1: Relevant 10 Countries Account for 82% of US’ Total Galvanized Sheet and Coil Import Galvanized sheet imports from the relevant countries, which are considered to be within the scope of the investigation, increased by 57.8% in the first half of 2024 from 1.12 million tons to 1.77 million tons. In the same period, total imports of the US increased by 48.7% from 1.45 million tons to 2.15 million tons. In the same period, the share of the 10 countries in the total galvanized sheet imports of the US increased from 77.2% to 82%. 

Data from the General Administration of Customs shows that in the first five months of this year, China’s imports of primary aluminum increased by 177% year-on-year to 1.097 million tons, and imported bauxite increased by 35% year-on-year to 64.03 million tons; during the same period, China’s aluminum semis exports increased by 9% year-on-year to 2.392 million tons. #aluminum #bauxite #alumina #imported #exported #aluminumsemis #aluminumalloy

Turkey opens stainless steel anti-dumping case against China and Indonesia – Stainless Espresso 1 July 2024 – Turkey initiated anti-dumping investigation against cold-rolled stainless steel imports from China and Indonesia on 28 June 2024. And raw material prices in the first half of 2024 have risen in many cases. #stainlesssteel #steel #stainlessespresso #turkey #metals #tariffs #europeanunion #indonesia #china