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Trelleborg Announces Agricultural, Forestry, Industrial and Construction Pneumatic Products Price Increase

 
Driven by higher raw materials costs, Trelleborg Wheels Systems announces an up to 8 percent price increase for its agricultural, forestry, industrial and construction pneumatic tires in North America.
 
Effective from September 1st 2017, the price increase will be applied to all brands in the product portfolio.
 
Source : Trelleborg

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90-Day Pause & Lower U.S. Tariffs with China has avoided the “Black Hole.”

Video: 90-Day Pause & Lower U.S. Tariffs with China has avoided the “Black Hole.”


A 90-day tariff pause with China, cutting rates from 145% to 30%, has renewed investor confidence in Trump’s trade agenda. U.S. deals in the Middle East, including NVDA and AMD chip sales, added to the optimism. Soy oil futures rose on biofuel hopes but turned volatile amid rumors of lower RVO targets, dragging down soybean and canola markets. A potential U.S.-Iran deal weighed on crude, while improved weather in the Western Corn Belt is easing drought fears. The U.S. also halted Mexican cattle imports again due to screwworm concerns. Funds are now short corn and adding to long soybean positions after a bullish USDA report.