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ARE ZINC PRICES SOARING?

NEGOTIATOR’S TAKE:  Upwards pressure on Zinc makes it difficult for galvanized steel buyers   |   08.13.16 – Pacific Northwest – Caught between an updraft by dwindling supply and the gravity of slwoing growth in global deman, zinc prices seem to

U.S. OIL PRICES ENTER BEAR MARKET

NEGOTIATOR’S TAKE: $40 Crude brings opportunity to negotiate lower prices for a wide variety of products   |   08.12.16 – Crude settles at $40.06 a barrel, down from early June – Oil prices entered a bear market, briefly dipping below

LUMBER PRICES JUMP AS TRUDEAU-OBAMA MEETING FUELS HOPES FOR TRADE PACT

  NEGOTIATOR’S TAKE:  With wood prices rising, now is probably a good time to renegotiate pallet and crating contracts.   03.11.16 – Lumber prices touch 8-month high after state visit Prime Minister Justin Trudeau raised expectations that the latest chapter in

Nickel: World Surplus

The International Nickel Study Group predicts an increase in the supply of nickel next year leading to a surplus of 70,000 tonnes. Several projects are either already planned or going live shortly. This is the case with Koniambo in New

Grains, Soybeans Jump on USDA Data, Signaling Higher Food Costs – Bloomberg.com

Corn rose the most allowed by the Chicago Board of Trade as concerns mounted that food costs will climb after the latest U.S. government forecasts on supplies and acreage. Soybeans and wheat also jumped. Soybean futures for May delivery jumped

World Food Prices Rise to Record, May Gain Further, UN Says (2) – Bloomberg.com

Rising food costs contributed to riots across North Africa and the Middle East in the last several months that toppled leaders in Egypt and Tunisia. Prices surged as bad weather ruined crops from Canada to Australia and Russia banned grain

Farmers Fail to Meet Demand as Corn Stockpiles Drop to 1974 Low – Bloomberg.com

The smallest corn inventories in 37 years are a sign farmers around the globe are failing to produce enough grain to meet rising consumption, even as planting expands and food prices surge. Growers from Canada to Russia boosted annual output

Wheat Jumps to Highest Since 2008 as Chinese Crop Faces Drought – Bloomberg.com

Wheat climbed to the highest level since August 2008 in Chicago as drought threatened to damage crops in China, curbing global supplies, and as Middle Eastern and African nations boosted purchases to tackle food inflation. March-delivery wheat rose as much