The zero excise duty on cotton textiles at fibre, yarn, fabric and garment stages announced in the Union Budget 2013-14 will help reduce prices of end products, according to India Ratings & Research (IRR), a Fitch Group Company. The ...
Tags: cotton textiles, fibre, yarn, fabric, garment stages
Indian raw cotton prices, particularly the Shankar-6 variety has crossed Rs 36,000 per bale (1 bale = 355 kg) for the first time in the last five months. Shankar-6 cotton price trends have been oscillating in a fixed price band of ...
Output in the European Union (EU) mechanical engineering sector fell 2.8 percent year on year in the third quarter of 2012 and a further drop of around two percent year on year is projected for the final quarter of the year, said the ...
Tags: EU, Mechanical Engineering Output, Mineral
According to the Economic and Steel Market Outlook 2013-2014/Q1 2013 Report from the Economic Committee of the European Steel Association (EUROFER), in 2012 the European Union (EU) automotive sales declined by 8.2 percent year on year, ...
Tags: Automotive, EURFOER, car exports
The Northwest Europe MTBE factor, the relative price of MTBE to gasoline, fell Thursday to its lowest level since November 21, 2012 on weakened export demand and a switch in focus to non-oxygenated gasoline blends, according to industry ...
Tags: gasoline, MTBE, non-oxygenated gasoline
Barclays Bank recently announced that by the arid climate impact of the American, the market supply of wheat was reducing. Global cereal market in the past few months had to quickly absorb the supply of corn and soybean markets, but from a ...
Tags: Wheat Market, Barclays Bank, wheat industry
Cotton prices in India are likely to increase further in the next two months due to the rise in demand for cotton exports from countries such as Bangladesh and Indonesia. Speaking to fibre2fashion, secretary of Saurashtra Ginners ...
Coal's share of the US generation market will rise to 39% in 2013 from last year's 37.6% and reach 39.6% in 2014, the Energy Information Administration said Tuesday in its January Short-Term Energy Outlook. EIA said coal's rising ...
Tags: coal share, Energy Information Administration, coal, natural gas prices
An arbitrage to move cargoes of methyl tertiary butyl ether [MTBE] from Asia to Europe has opened following a sharp increase in European MTBE prices on the back of growing demand, trading sources said Friday. European MTBE prices hit ...
Tags: methyl tertiary butyl ether, MTBE price, Asia, European market
By Adam Currie — Exclusive to Rare Earth Investing News Investor focus shifted east this week as market speculators made it known that they believe China will boost rare earth output to take advantage of potential near-term price ...
In lunchtime trade on Friday Molycorp was changing hands for $19.93, down $1.14 or 5.4%, on bad news about global rare earth demand and as investors continue to digest the company's results out last week. On Friday customs data from China ...
Tags: rare earth, Rare earthquake, elements, Mountain Pass mine
US poultry giant Sanderson Farms has reported an annual profit thanks to higher poultry prices and increased production. The return to profitability reflected higher production In the 12 months to the end of of October, earnings ...
Tags: annual profit, higher poultry prices, increased production, production
Chicago Argo and US Gulf Coast ethanol markets Wednesday fell to their lowest levels since late September on a combination of a well-supplied market and another drop in corn futures, sources said. Chicago Argo ethanol was assessed down ...
Tags: ethanol markets, ethanol, ethanol assessment
According to a major economic report, GDP growth next year is likely to be higher than in 2012. Chinese Academy of Social Sciences said in its "blue book" report that China is set to achieve 8.2% annual GDP growth in 2013, higher than the ...
Tags: GDP growth, service sector, economic structural reform
Agribusiness giant Bunge has booked a jump in third-quarter income, which more than doubled as sales benefited from rising grain prices. The company said net earnings in the three months to the end of September rose to US$289m, up from ...
Tags: Agribusiness, grain prices, grain, grain trader