(ANSA) – MILAN, JUL 15 – Tensions on metals due to the slowdown in demand in China, while natural gas on the market in Amsterdam falls below 170 euros per MWh. It is the world picture of raw materials with the continuation of the war between Russia and Ukraine and the possible agreement on wheat with the mediation of Turkey. Under pressure copper (-2.12% to $ 7,170 a ton), iron (-7.32% to $ 664.5 a ton) and steel (-4.24% to $ 3,704 a ton), while gold dropped 0.45% to $ 1,702.3 per ounce. Crude oil remained below 100 dollars (WTI + 0.22% at 96.01 dollars a barrel and Brent + 0.67% at 99.76 dollars a barrel), which in any case appears to have risen slightly. Natural gas prices, on the other hand, have fallen sharply, with flows from Russia to minimum levels since 2014 due to maintenance work on the Nord Stream gas pipeline. In Amsterdam, the demand for one MWh fluctuates around 170 euros, after having fallen below 169.75. In London the decline is over 6% to 222.55p.
Soft wheat (+ 0.72% to $ 800.75 every 5 thousand bushels) and durum wheat (+ 0.29% to $ 851.25) are up pending a definitive agreement on exports from Ukraine after the first agreement of two days ago in Istanbul (Turkey). (HANDLE).
Source: Ansa
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