by Freshagenda | Sep 5, 2024 | GDT, Global
This week’s GDT event #363 produced a mixed result, with a fall of 0.4% in the price index. Weaker than average demand across most commodities brought with it the first price dip in four events. SMP was easily the strongest performer on better-than-average demand....
by Freshagenda | Aug 29, 2024 | GDT, Global
Regular grade WMP price rose 1.7% from GDT #362 to US$3,560/t at this week’s Pulse auction, +9.2% compared to prices achieved at the previous event two weeks ago. The SGX-NZX WMP futures contract for September 2024 settled at US$3,525/t prior to the event. Medium...
by Freshagenda | Aug 22, 2024 | GDT, Global
The price index rose 5.5% at GDT event #362, as demand improved. WMP was again stronger across all contracts, lifting 7% on average (the biggest gain in 3½ years) to average US$3,482/t. SMP prices partly reversed the recent losses, with prices rises across all...
by Freshagenda | Aug 15, 2024 | GDT, Global
Regular WMP prices settled at US$3,260/t at the latest GDT Pulse event, up 1.6% from GDT #361 and 5.2% higher than the previous Pulse event. The nearest SGX-NZX WMP futures contract settled at US$3,230/t. Medium heat SMP prices rose 2.4% from GDT #361, settling at...
by Freshagenda | Aug 8, 2024 | GDT, Global
The latest GDT event #361 was more positive than negative for sellers with mixed results across commodities pushing the overall index up 0.6%. WMP was stronger across all contracts with a welcome return of stronger Chinese buying. WMP averaged US$3,259/t, up 3.7%. SMP...
by Freshagenda | Aug 1, 2024 | GDT, Global
This week’s Pulse event was mixed with WMP prices steady while SMP slid. Regular grade WMP rose US$5/t to US$3,100/t compared to the prior Pulse event, remaining above prices achieved at GDT #360. In spite of the lifts, WMP prices remain on a downward trajectory since...
