Commodities News page: 1

Factbox: China Tsingshan's overseas nickel footprint

Reuters | 2022-03-09, 09:47

BEIJING, March 9 (Reuters) - A surge in nickel prices to record levels this week has thrown a spotlight on China's Tsingshan Holding Group, one of the world's biggest producers of the metal, and raised concerns about potential impact on its many

World Bank official says war-driven oil price hikes to slash growth for big importers

Reuters | 2022-03-09, 09:47

WASHINGTON, March 8 (Reuters) - Persistent high oil prices prompted by Russia's invasion of Ukraine could cut a full percentage point off the growth off large oil-importing developing economies like China, Indonesia, South Africa and Turkey, a World Bank

China Feb factory inflation eases, spotlight on global commodities

Reuters | 2022-03-09, 09:47

Summary Feb producer prices rise slower than JanFeb consumer prices unchanged from JanInflation expected to pick up BEIJING, March 9 (Reuters) - China's factory inflation in February eased to the slowest annual pace in eight months, but analysts expect a

U.S. LNG exporters emerge as big winners of Europe natgas crisis

Reuters | 2022-03-09, 09:47

LONDON, March 9 (Reuters) - U.S. liquefied natural gas (LNG) exporters are emerging as big winners of Europe's supply crisis as they export record volumes to the European Union for the third consecutive month at prices that have rallied since Russia’s

Iran's chief nuclear talks negotiator returns to Vienna - ISNA

Reuters | 2022-03-09, 09:46

DUBAI, March 9 (Reuters) - Iran's chief negotiator in nuclear talks with world powers in Vienna, Ali Bagheri Kani, returned to the Austrian capital on Wednesday morning after consultations in

Sri Lanka struggles to pay for fuel imports after surge in crude prices

Reuters | 2022-03-09, 09:46

COLOMBO, March 9 (Reuters) - Sri Lanka's fuel import plans have been disrupted by a rapid spike in global crude prices after Russia's invasion of Ukraine, leaving the crisis-hit island nation struggling to pay for diesel amid power cuts as fuel pumps

Palm oil prices to fall sharply in second half of 2022 - analyst Mistry

Reuters | 2022-03-09, 09:46

KUALA LUMPUR, March 9 (Reuters) - Prices of palm oil and other commodities may see a decline in the second half of the year as a possible stagflation and recession squeeze demand, leading analyst Dorab Mistry

Russia to ban foreign trade of certain commodities & raw materials

Russia Today | 2022-03-09, 09:46

The list of products and states that fall under restrictions will be revealed in two days Russia is banning the exports of certain commodities and raw materials, according to a decree signed by President Vladimir Putin on Tuesday evening. The new economic

Turkish lira declines to weakest since December over Ukraine concerns

The Times of India | 2022-03-09, 09:41

ISTANBUL - The Turkish lira declined for a seventh straight day on Wednesday, bringing its losses to more than 5% since Russia launched its attack on Ukraine, raising inflation and current account risks for Turkey. The lira lost around 1.3% to stand at 14.6505

Vedanta looking at how to leverage situation arising from geopolitical crisis: Anil Agarwal

The Times of India | 2022-03-09, 09:41

“We have been very disciplined on capital allocation. India is a developing country. It is not America. We enjoy looking at disruptive ideas whereby we do not put in capital but develop a model with a lot of hard work and what opportunity we can look at. But

Liberty Gold to raise C$30m for US exploration

Mining Weekly | 2022-03-09, 09:41

Canada-based Liberty Gold has announced a C$30-million

Shanta Gold expands West Kenya resource to 1.6 Moz

Mining Weekly | 2022-03-09, 09:41

Aim-listed Shanta Gold has announced a maiden

Three more stages may be added to load-shedding if Eskom runs out of diesel at ...

Mail Guardian South Africa | 2022-03-09, 09:38

Eskom is using nine million litres of diesel a day to run its gas turbines, which come into operation as an emergency measure amid generation capacity failures. This comes as fuel prices are set to soar amid the war-induced oil price shock. Should Eskom run

Nickel Trading Paused in Shanghai; LME Says Trading Won’t Resume Before Friday

Barrons | 2022-03-09, 09:35

Nickel futures trading was paused in Shanghai after futures surged to their daily

Filipinos brace for higher fuel, food prices amid supply shocks

Beijing News | 2022-03-09, 09:35

© Provided by Xinhua The government is poised to take measures to curb inflation as Filipinos suffer from higher fuel and food prices. MANILA, March 9 (Xinhua) -- Passenger jeepney driver Arthur Arsenio, 48, charged his passengers 13 pesos (about 0.25

Gold Price Today: Gold, Silver Rates Surge On Safe-Haven Buying

NDTV | 2022-03-09, 09:34

Gold and silver futures moved higher on Wednesday, March 9, taking cues from the international rates. ...

Commodity Call: Wait for a correction in zinc futures

Business Line | 2022-03-09, 09:30

On March 1, 2022, the continuous futures contract of zinc on the Multi Commodity Exchange (MCX) broke out of a resistance at ₹310. The price spiked and hit a fresh high of ₹376.65 on Tuesday. However, the price

European markets open higher as investors weigh US Russian oil ban

The Irish Times | 2022-03-09, 09:30

Crude oil prices rose again on Wednesday while Asian stocks struggled for footing as investors assessed the impact of the worsening conflict in Ukraine and a new US ban on Russian oil. In Europe, however, shares were poised for a stronger open. Euro Stoxx 50

Tullow Oil losses narrow in 2021, revenue down

Irish Independent | 2022-03-09, 09:22

Irish-listed oil and gas producer Tullow Oil has reported a loss after tax for 2021 of $81m (€74m), due exploration costs, impairments and restructuring. The result is a narrowing of Tullow’s after-tax losses of €1.2bn in 2020.The firm swung into

How bad is the surge in crude oil for India? Let's do some maths

The Economic Times | 2022-03-09, 09:14

In case oil prices trade above $100 for a few weeks and revert back below pre-conflict levels of $90, India will have minimal impact. If oil stays above $100 or say $120 for even 3 months or more, India's external situation will deteriorate. ...

Asset Tracking and Inventory Management Solutions Market by Growth Rate, Key Manufacturers, Industry Size, Share ...

MENA FN | 2022-03-09, 09:08

(MENAFN - America News Hour) Kenneth Research, in its repository of market research reports, has recently added a report on Asset Tracking and Inventory Management Solutions Market that emphasizes ... ...

Industrial Sugar Market Emerging Growth Comprehensive Market Study Innovative Business Growth Outlook Forecasting By 2029

MENA FN | 2022-03-09, 09:08

(MENAFN - Comserve) New York, United States, Mar 09, 2022, 01:32 /Comserve / -- The global industrial sugar market is expected to witness a growth by a moderate CAGR during the forecast period, ... ...

Moonstake Receives Grant from Astar & Shiden Builders Program

MENA FN | 2022-03-09, 09:08

(MENAFN - ACN NewsWire) SINGAPORE, Mar 9, 2022–-–(ACN Newswire)–-–Moonstake is proud to announce we've successfully secured a grant from the Astar & Shiden Builders Program, designed to accelerate ... ...

Crude Oil Holds High Ground Amid Commodity Bedlam as USD Pauses. Where To For WTI?

MENA FN | 2022-03-09, 09:08

(MENAFN - DailyFX) Crude Oil, US Dollar, Nickel, LME, WTI, Brent, Gold, VIX - Talking Points Crude oil prices remain elevated in geopolitical shootout Volatility is all pervasive, especially in ... ...

EURUSD Traders Ready for Volatility, Meanwhile Commodity Inflation and Liquidity Top Concern

MENA FN | 2022-03-09, 09:08

(MENAFN - DailyFX) QQQ Nasdaq 100 ET, Dow, Ukraine, Gas, CADJPY and EURUSD Talking Points The Trade Perspective: Pairing Dow Bullish to Nasdaq 100 Bearish; EURUSD Bullish Above 1.1000; CADJPY ... ...

Colombia in talks with coal producers for exporting extra supplies -minister

Mining Weekly | 2022-03-09, 09:05

Colombia's government has begun talks with the nation's coal producers to increase

Aluminium Dunkerque signs deal to buy alumina feedstock from Glencore

Mining Weekly | 2022-03-09, 09:05

French smelter Aluminium Dunkerque has signed a deal to source feedstock

AfriTin dual-lists on Namibian exchange

Mining Weekly | 2022-03-09, 09:05

Aim-listed tin miner AfriTin Mining has