Commodities giant Archer Daniels Midland has booked a drop in full-year profits as record corn prices hit earnings in the fourth quarter. In the three months to the end of June, net profit fell 25% to US$284m, while operating profits slid ...
Tags: corn, corn prices, corn crop
New orders to German chemical producers recovered in October 2.5% from weakness in September as export demand picked up again, preliminary data by the federal statistics office showed Thursday. Foreign orders bounced back 4.6% from a 3.5% ...
Tags: chemical producers, export demand, federal statistics office
Plexus Cotton Limited reported that New York (NY) futures continued to slip since our last report on October 25, as December dropped another 347 points to close at 69.26 cents. The December contract has basically been flatlined near the ...
Tags: cotton futures, cotton market, cotton industry, cotton
Indo Rama Synthetics (India) Limited, India's largest dedicated polyester manufacturer, announced its un-audited results for Q2 and H1 ended September 30, 2012. Net sales for Q2 2012-13 stood at Rs 734.50 crore as against Rs 771.71 crore ...
Tags: polyester manufacturer, polyester prices, polyester market
European mixed xylene suppliers were looking to put together cargoes for export to Asia as the arbitrage window to China and India looked open this week, sources said Friday. One supplier said it was putting together a 5,000 mt cargo ...
Tags: mixed xylene, xylene, arbitrage opens
FMC Corporation expects mixed demand trends for its Soda ash in North America according to a supplemental commentary (Q&A) released by the company on 31st October, 2012. On the positive side, FMC witnessed the startup of a new container ...
Tags: FMC, container glass plant, soda ash, chemical
American agribusiness and food company Bunge has reported that its net income for the third quarter of 2012 rose 112%to$297m,compared to$140m the previous year,due to good performance of its agribusiness division. Net sales ...
Tags: net income, net sales, declining sales
Poplar prices have risen almost continuously for about 18 months, one of the longest sustained runs in recent memory. While prices ticked up slightly in 2011, the big gains have come in 2012. Since the start of this year, Appalachian 4/4 ...
Tags: industry trends, Poplar, price
The U.S. plastics industry is continuing its long climb out of the depths of the great recession, with an expansion in 2011 expected to be followed by more growth in 2012, but looming threats and unanswered questions have created a market ...
Tags: market view, plastics machine
Demand for cutlery and hand tools collapsed in 2007, another casualty of the housing market crash. In 2010 and 2011, however, the industry was able to post revenue gains thanks to rising consumer spending and export demand. The industry has ...
Tags: Industry Trends, hand tool
Euro-area producer-price inflation slowed for a third month in December, adding to signs of easing cost pressure across the region as growth weakens. Factory-gate prices in the 17-nation euro region rose 4.3 percent from a year earlier ...
According to analysts at Deutsche Bank (DB), November estimated containerboard prices were flat month/month at $635-645/ton. However, pressure on domestic prices is mounting. "We're forecasting a drop of $5/ton quarter/quarter in 4Q, and ...
Zoomlion Heavy Industry Science & Technology Co. Said slower expansion in China's demand for cranes and excavators will carry on next year because of waning economic growth and cutbacks in railway building. "Demand for construction ...
Containerboard and Market Pulp Pricing Under Pressure, Recycled Board Flat Nov. 22, 2011 - According to analysts at Deutsche Bank (DB), November estimated containerboard prices were flat month/month at $635-645/ton. However, pressure on ...
Tags: market view, Containerboard
Vapo Timber is the latest Nordic sawmiller to announce production cutbacks. The company, which has just reported a loss of € 4.2m, said the cutbacks were due to the significant overcapacity in Europe which has led to a collapse in ...
Tags: market view, timber