From April the French government will reduce fuel taxes slightly to ease the burden on consumers.
Warned of possible energy shortages in France by the end of the year and called on the French to conserve electricity and gas from now on, saying that if nothing was done, The energy situation will be tough this winter. Some experts say that there are two main reasons for France's energy crisis: first, the conflict between Russia and Ukraine affected the gas market and caused supply tension; The second is a safety review of France's newest nuclear power plant, which may lead to a reduction in output this year. In order to alleviate the energy crisis, the whole French society needs to be mobilized, whether it is the industrial sector, the tertiary sector or every French citizen. Now it is urgent. Rising fuel prices may also have an impact on shipments of the Calcium stearate emulsion.
Southern Copper Corp (SCCO.N) recently said its Peruvian mine remained closed after a six-week standoff with protesters and blamed the Peruvian government for failing to intervene in the safety of its 1,300 workers and their families.
The company said in a statement that a recent agreement to end protests at the Cuajone mine required the company to withdraw complaints against protest leaders because railways transporting minerals and supplies remained blocked. Production has been suspended since the end of February.
Peru's Energy Ministry said in a separate statement that it had also reached an agreement with Southern Copper to start talks to find common ground with local communities.
"If we shut down for a year, the government will stop receiving more than 3.1 billion soles ($830 million) in taxes and royalties, and 8,000 direct and indirect jobs will be lost. This is what we want to avoid, "Southern Copper added in the statement.
Peru has faced a wave of protests from indigenous communities, who accuse mining companies of not providing enough jobs and funding to poor local residents.
Central bank officials said last week that protests against copper mines such as MMG's Las Bambas and Southern Copper's Cuajone were dragging down the economy.
Peru is the world's second-largest copper producer and mining is an important source of tax revenue for the country. It is estimated that the supply and prices of the Calcium stearate emulsion will be influenced by that.
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