China recently announced a ban on sulphuric acid exports (produced from copper/zinc smelting) from 1 May through to December this year, with other grades except electronic grades heavily restricted.
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Why judgement is becoming the scarcest commodity in dry bulk markets
Dry bulk markets have become faster, noisier and more transparent. AIS, pricing and flow data have made parts of the market visible in near real time. Yet visibility is not foresight. Human judgement, context and intuition still determine who stays ahead of the curve.
Guinea: last week saw iron ore shipments above 1.2Mt/Wk
Guinea iron ore exports stepped up sharply last week, doubling WoW from 0.6Mt to 1.2Mt/week.