Tag Archives: Commodity

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 …

Could Iraq really become OPEC’s largest oil producer? Iraq’s Oil Minister, Ihsan Abdul-Jabbar, announced last week that the country plans to increase its oil production capacity to 8 million barrels per day (bpd) by 2029, compared to current production of …

There has been plenty of debate and no real action in the sugar crisis. Although, the report that was released by the government highlighted many issues including supply, production, and demand, not much has been done to regulate the sector …

U.S. ethanol production up, stocks down The U.S. Energy Information Administration says production averaged 975,000 barrels a day, up 10,000 on the week and 303,000 on the year, one of the first weeks blending demand concerns connected to COVID-19 impacted …

At its meeting on 19th March 2021, the Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) decided to maintain the policy rate unchanged at 7 percent. The MPC noted that since the last meeting in January 2021, growth …

Studies reveal that for a long time Pakistan’s external sector remained under pressure. Export were on a downward trajectory, while import increased considerably. The main causes linked with falling exports were currency overvaluation, domestic energy crises, worldwide market contraction, falling …

Commodities In 2021 How India’s rice production can adapt to climate change challenges As the global population grows, the demand for food increases while arable land shrinks. A new University of Illinois study has investigated how rice production in India …