Tag Archives: Commodity

Iron ore futures rise in rangebound trade Iron ore futures edged higher on Wednesday but were stuck in a narrow trading range, as restocking demand propelled spot prices in China to the highest in more than a week despite renewed steel production controls in Tangshan city. The most-traded iron ore …

How to protect our paddy farmers Farmers’ cry after failing to cut a profit in every harvest season has become a routine headline for Bangladeshi newspapers. At the same time, people are struggling to afford a sufficient amount of rice throughout the country. These two facts paint quite a contradictory …

$14m grant to adapt West African rice production to climate The Climate Resilient Farming Systems program at Cornell is playing a key role in an initiative to make rice more resilient to climate change and increase production of the staple crop for smallholder rice farmers across 13 West African countries, …

International studies revealed that the integration of states into the global economy is often seen as a significant factor of the growing income and growth. International trade boosts the global economy and at the same time can become a significant driver of the country’s economic growth. International trade promotes efficient …

In Pakistan, consumer price inflation (CPI) General, grew by 9.2 percent on year-on-year (YoY) basis in October 2021 as against to a rise of 9.0 percent in the last month and 8.9 percent in October 2020. On month-on-month (MoM) basis, it rose by 1.9 percent in October 2021 as against …

Rice crops face risks from higher fertilizer prices Soaring fertilizer costs threaten to drive up prices of crops worldwide, from US corn to Brazil coffee and China wheat. Rice, as one of the biggest users of fertilizer, could face some of the greatest risks from increased farm input costs. Rising …

It is a phenomenon rarely seen in commodity markets, natural gas prices are skyrocketing across the world, Europe and Asia and consumers are paying up to nearly six times more for natural gas as compared to the US consumers. This is being attributed to a lack of the US liquefaction …

Global cotton production poised for full recovery To say the 202/21 season was disappointing for the global cotton industry is a major understatement, given the mayhem and confusion that occurred when the Covid-19 virus ground the global supply chain to a halt, the International Cotton Advisory Committee (ICAC) says in …

Forecast for end of year milk price is optimistic Milk prices will finish the year higher, which is good news for dairy farmers. Class III was $15.95 in August, $16.36 in September and may improve to about $17.80 for October. The higher Class III price is the result of both …

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 raising concerns across the world, especially in Europe. As of …

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 consumption, increased trade, and higher ending stocks compared with August. …

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 July. China imported iron ore worth a record $20 billion …