Latest news referring to price
|Uranium Mining Industry
|Uranium Prices Skyrocket, Industry Predicts Further Increase
|The uranium market is experiencing a significant surge, with prices reaching over $103 per pound, a level unseen since 2007, due to increased demand and supply concerns. Factors such as Kazakhstan's state uranium company potentially not meeting production goals, production downgrades from Canadian and French miners, and ongoing buying from the world's largest physical uranium fund have contributed to the price hike. The specific chemicals impacted could be uranium ore concentrate, commonly referred to as U3O8, and sulfuric acid used in uranium extraction.
|Kazakhstan, Canada, France
|Global Shipping Industry
|Red Sea Conflict Spurs Global Shipping Recovery
|The global shipping industry, which faced a recession last year, may see a reversal in fortunes due to increased freight rates caused by vessels avoiding the Red Sea due to attacks from Yemen-based Houthis. The detours have led to a spike in ocean freight rates, potentially bringing the industry's profits back to 2022 levels if the situation persists for three to six months. The article does not specify which chemicals could be impacted.
|Calcium Carbonate Industry
|Calcium Carbonate Market Poised for Rebound in Europe, USA
|The calcium carbonate industry is expected to see a rebound in Europe and the USA due to economic recoveries, strategic investments, and increased demand from various sectors, particularly construction. However, potential challenges such as global economic uncertainties, severe winter weather, and supply chain issues could temper this positive trend. The specific chemical impacted is calcium carbonate.
|Industrial and Raw Material Prices Decline in December 2023
|In December 2023, the Industrial Product Price Index (IPPI) and the Raw Materials Price Index (RMPI) in Canada fell by 1.5% and 4.9% respectively, with the IPPI experiencing its third consecutive monthly decrease and the RMPI its largest decline since August 2022. The decrease in prices was largely due to lower prices for energy and petroleum products, intermediate food products, and industrial metals. The chemicals that could be impacted include petrochemicals, which saw a decrease of 5.5% in December 2023.
|Diesel Price Rises Amid Market Rejection of Red Sea Tensions
|The benchmark diesel price, used for most fuel surcharges, has seen an unusual increase, the fourth in the last 17 weeks, due to disruptions in shipping through the Red Sea and Suez Canal. However, oil futures markets have resumed their downward trend, suggesting this increase may be short-lived. The specific chemicals impacted could be Brent crude and Ultra low sulfur diesel (ULSD) futures.
|Red Sea region
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Notes on our price data
Where does the data come from?
- The source of the data are exclusively public non-confidential sources. We have no access to primary data
- This the index trend of the price trend of the "product category" in general, and not a single specification of the product in particular
- The data is a combination of contract and spot pricing
- Our automated algorithms are set up to eliminate significant product mix impact on the trend
- We combine public publications, import/export records, trading prices, company announcements, magazine articles, tweets, and other sources of ad-hoc public information.
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