Tag Archives: Commodity

Gas prices are on the rise Natural gas prices in Europe have skyrocketed this year while storage levels are low, as the threat of power cuts over the upcoming winter loom. The unstoppable increase of global gas prices has been …

USDA forecasts records for world wheat production, use and trade The US Department of Agriculture in its September World Agricultural Supply and Demand Estimates report issued Sept. 10 said the global wheat outlook for 2021-22 was for increased supplies, higher …

Iron ore price rises as China’s imports hit record The Iron ore price rebounded on Tuesday from a seven-month low after data showed China’s imports in August picked up for the first time in five months, rising 10.1 percent over …

Govt announces incentive for mills exporting sugar The Centre on Thursday announced an incentive for sugar mills in the form of an additional domestic sales quota to those that export sugar and divert the commodity towards ethanol making, in the …

There’s no doubt that COVID-19 has changed our daily lives. This pandemic is difficult for everyone. Even those who have managed to keep their jobs are feeling the financial. Those who haven’t been laid off may be wondering whether they’re …

Iron ore price bounces back while fitch sees rally slowing ahead The most-traded iron ore for January 2022 delivery on China’s Dalian Commodity Exchange ended daytime trading up 3.7 percent at 871.50 yuan ($134.33) a tonne, after hitting its lowest …

Food production receives boost in Enugu, says IFAD The Enugu State Coordinator of the International Fund for Agricultural Development (IFAD), Dr. Edward Isiwu, has said food production in the state has received a major boost. Isiwu, who is the state …

Milk production increases by 100,000 tons in Rajshahi Milk production has been enhanced by around 100,000 tons while dairy farm largely expanded in Rajshahi district in last four years, delighting many people as fortune maker. In 2020, around 356,000 tons …

Center-South Brazil H1 June sugar production decreases 3.4pc Sugar production in the key Center-South Brazil region is expected to total 2.472 million mt in the first half of June, down 3.4 percent year on year, an S&P Global Platts survey …

Australia winter wheat crop estimate above average Australian winter wheat crop production in 2021-22 is expected to be above average due to increased planted area, according to an Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) June report. Rise …

Wild coffee: improving the coffee industry Coffee is an important commodity globally, but its main markets are the rich, developed countries in Europe and North America. In 2019, the global coffee market had an estimated value of an astounding $102.15 …

Iron ore price surges to record high Iron ore prices jumped to a fresh high on Monday on robust Chinese demand. Iron ore futures on the Dalian Commodity Exchange, for September delivery, closed 4.3 percent higher at 1,145 yuan. The …