Iwan Mouton

Unraveling the Surge: Factors Driving the Rapid Rise in Tungsten Prices Analysis of latest tungsten market from Chinatungsten Online As pointed out by Chintungsten Online upon returning from the long holiday of May Day, tungsten product prices have surged by 20% by the end of last week ended on Saturday, May 11, 2024. With tungsten prices rapidly rising at present and market price determinants becoming increasingly elusive, hidden currents are surging! In addition to conventional factors influencing prices and the pricing laws based on production costs and gross margins, there are more unconventional non-market factors, such as: (1) The continuously soaring gold prices and the concurrently high US dollar index entangling with the RMB's unusually sharp appreciation of 1000 points during the holiday period; (2) The rapid rise in prices of bulk commodities like copper and aluminum, along with exorbitant forward premiums predicted by institutions like Goldman Sachs; (3) The unpredictability of the Russia-Ukraine conflict and Israel's explicit rejection of the US proposal for peace talks with Hamas; (4) The seasonal forces of nature such as typhoons, heavy rains, mudslides, and other adverse weather conditions accompanying the arrival of summer, as well as the commencement of a new round of environmental and safety inspections that have already begun, bringing expectations of production stoppages and reductions for tungsten mines and smelters. Prices of tungsten products on May 13, 2024

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Catch BeztForex founder Herman Bezuidenhout most recent article "a layman's guide to trade finance" in the latest edition of The Sunday Times.  Get a better understanding and great insight on trade finance with this fantastic article.  https://lnkd.in/dnHZq4AV #article #Blog #trade #finance #money #news #imports #exports #insurance #foreignexchange

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🗳️ Crypto's Absence in Austria and Georgia Elections In recent political arenas, Austria and Georgia missed integrating crypto policies into their election narratives. Here's the breakdown: 🇦🇹 Austria's Focus: - Austria's elections saw the far-right Freedom Party clinch victory with 29.2% of votes while crypto discussions took a backseat. - The focus was predominantly on immigration and the cost of living. - As part of the EU, Austria is gearing up for MiCA's full rollout yet crypto wasn't a major electoral topic. 🇬🇪 Georgia's Dynamic: - Georgia's elections were swayed by geopolitical preferences, with the ruling Georgian Dream Party opting to lean towards Russia over the EU. - While crypto did not feature prominently, Georgia's regulatory stance requires crypto companies to register, aligning with EU norms. - Notably, an opposition party introduced a blockchain-backed public administration system, indicating a subtle tech-forward mindset. 🔍 Global Snapshot: - Contrasting these regions, countries like Japan actively engage crypto dialogues in their election campaigns. - In the US, crypto is a recurring theme, highlighting the divergent global approach to cryptocurrency policies. 🌍 The path ahead for Austria and Georgia shows a reserved stance on crypto, reflecting broader regional priorities. What are your thoughts? Should crypto policy discussions play a significant role in shaping political landscapes? Share your insights! #Cryptocurrency #Elections #Austria #Georgia #MiCA #CryptoPolicy #Blockchain #Geopolitics Read more: https://lnkd.in/e-CW5bVj

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Lithuanian Customs has published a press release reporting that customs officials have imposed a fine of €1,274,960 on a Lithuania-registered company. https://lnkd.in/et8ca84Q The company is unnamed but allegedly imported goods (specifically coal and rubber) from sanctioned companies from Russia. #UKSanctions #Russia #EUCommission #ExportControl #TradeWar #TSECS #SanctionsUpdate #TurkishSociety #Sanctions #USA #OFAC #BIS #TradeUpdates #GlobalTrade #TradeCompliance #InternationalRelations #EconomicSanctions #TradeRegulations #TurkishExports #TradePolicy #SecurityMatters #ForeignPolicy #ComplianceNews #EconomicSecurity #CrossBorderBusiness

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The CoE-DSC joins the public-private partnership Company Passport (CP). 🚀 CP is a trust framework that evolved from an innovation project with the Dutch Chamber of Commerce (Kamer van Koophandel), Dutch Tax Administration (Belastingdienst), ABN AMRO Bank N.V., the Royal Dutch Association of Civil-law Notaries (Koninklijke Notariële Beroepsorganisatie (KNB)) and the Dutch Blockchain Coalition. It recently also welcomed the Betaalvereniging Nederland (Dutch Payments Association) and the Dutch Banking Association (NVB). 🌍🤝 The CP trust framework is intended to accelerate local and cross border use cases that benefit from the upcoming eIDAS 2 regulations and architecture. By leveraging eIDAS 2, CP enables safe and seamless trade with other businesses, consumers and interactions with public parties, thereby accelerating businesses’ digital transformation. It is not a software solution but describes how compliant software solutions interact, which data schemas and taxonomies are used and under which legal terms and conditions (on top of the eIDAS 2 regulations). The software solutions can be provided by any compliant public or private third party. 🛠️🔒 The CoE-DSC therefore joins the Company Passport programme and brings substantive expertise of TNO and Innopay to the working groups. One of the focus areas will be the role of an organisational wallet data-sharing initiative in the Netherlands and how it can promote cross-sectoral and cross-border interoperability. 🌐🔗 For more information about Company Passport, please visit: https://lnkd.in/e9htmD88 or contact [email protected]. #companypassport #eIDAS2

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𝗣𝗠 𝗠𝗼𝗱𝗶 𝗰𝗮𝗹𝗹𝗲𝗱 𝗳𝗼𝗿 𝗖𝗮𝗯𝗶𝗻𝗲𝘁 𝗖𝗼𝗺𝗺𝗶𝘁𝘁𝗲𝗲 𝗺𝗲𝗲𝘁 𝘁𝗼 𝗱𝗶𝘀𝗰𝘂𝘀𝘀 𝗶𝗻𝘁𝗲𝗻𝘀𝗶𝗳𝘆𝗶𝗻𝗴 𝗪𝗲𝘀𝘁 𝗔𝘀𝗶𝗮 𝗰𝗿𝗶𝘀𝗶𝘀 𝗮𝗻𝗱 𝗶𝘁𝘀 𝗶𝗺𝗽𝗮𝗰𝘁 𝗼𝗻 𝘁𝗿𝗮𝗱𝗲 Trade sources and analysts have warned that the intensifying West Asian violence, in addition to the port workers' strike on the US East Coast, could make logistics more difficult for Indian exporters and potentially harm shipments to the nation's largest markets. Read More 👉 https://lnkd.in/giMPC_vm #PMModi #CabinetCommittee #WestAsiaCrisis #TradeImpact #LogisticsChallenges #EPNews

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Upcoming market changes in November.. 💫 A trilateral mFRR capacity market will soon be introduced. Currently, all mFRR capacity from daily auctions is procured within national markets, with no inter-Nordic trade. Beginning on November 19, Sweden, Denmark, and Finland will implement a common daily mFRR auction, facilitating trade among the three countries. The impact on prices and procured volumes will depend on various factors, including the availability of capacity on inter-country connections. Norway currently does not have a set go-live date, but will be included in 2025.   Analysis of average mFRR capacity prices for 2024 indicates that Sweden has experienced the highest prices for both upward and downward mFRR capacity, while Denmark has, on average, maintained the lowest prices, currently purchasing only upward capacity through the daily market.   In general, for the clearing algorithm, connecting a low-priced area with a higher-priced area will result in increased volumes being purchased from the low-priced area and reduced volumes from the high-priced area, all else being equal. This dynamic may lead to an increase in prices in the originally low-priced area and a decrease in prices in the higher-priced area. As the market becomes more attractive, new participants may enter, potentially shifting supply curves. 📈 #PowerMarket #mFRR #CapacityMarket 🔗 https://lnkd.in/dXAnuC4A

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KSG Strategic Report: Assessing the Impacts of Rising Shipping Costs in the Context of Ongoing Geopolitical Disruptions. Key Takeaways: -Geopolitical disruptions (COVID-19, Ukraine War, Middle East unrest, cyber-attacks) from 2020-2024 have significantly increased global shipping costs, exemplified by a 286% rise in the World Container Index from July 2023 to July 2024. -High shipping costs negatively impact core inflation, with the European Union expected to be hardest hit due to its high import dependence, complicating efforts to combat inflation and slowing economic recovery. -Industries with low profit margins, small businesses, and import-reliant sectors will face decreased margins and higher production costs, leading to sustained elevated consumer prices. -The continuation of high shipping costs is expected due to persistent geopolitical tensions and seasonal industry pressures, potentially prolonging inflationary trends and impacting global economic stability. #intelligence #insurance #risk #shipping #maritime

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We take note of the European Commission's decision to impose provisional countervailing duties on imports of electric cars manufactured in China, based on initial findings from an anti-subsidy investigation.     We have consistently affirmed that free and fair trade is essential for creating a globally competitive European automotive industry, while healthy competition drives innovation and offers more choices for consumers.    Free and fair trade means guaranteeing a level playing field for all competitors, but it is just one important part of the global competitiveness puzzle.     Read our full statement 📎 https://lnkd.in/eCfgY-Gm

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