Spot treatment charges for imported zinc concentrate paid to Chinese smelters remained flat at around $125-140/mt in January, unchanged from December, in thin trade and with ample domestic supply, industry sources in China said Tuesday. ...
Tags: thin trade, TC, industry sources, zinc
Markets for use of natural gas as a transportation fuel and to power industrial equipment are poised to take off in the next few years, the head of Encana said in Houston on Tuesday. "We at Encana believe that natural gas creates an ...
Tags: Natural Gas, transportation fuel
A combination of long-term feed price movement and recent stormy winter weather have combined to ignite record-high cattle and beef prices, and between those factors, a lag in cow slaughter and a strong export market have the market on ...
Tags: Beef Prices, long-term feed price
ICE Cotton gained over 4 cents for the week on the back of spec buying, improved technicals and rising open interest, and the continued rawdown of US cotton stocks through strong export sales (223k overall). Although domestic basis levels ...
Tags: Cotton Trends, Textile
The price of imported nickel ore in China could jump more than 50%, following Indonesia's export ban on the product which took effect January 12, Macquarie Commodities Research said in a report Tuesday. Nickel ore stocks in China are ...
Tags: Nickel Ore, Export Ban
Wednesday's Closing Grain and Livestock Futures Mar. corn closed at $4.25 and 3/4, down 5 and 3/4 cents Mar. soybeans closed at $13.18, up 11 cents Mar. soybean meal closed at $434.50, up $4.40 Mar. soybean oil closed at 37.99, up ...
Soybeans were steady to firm on late fund and technical buying. The near term supply remains tight and demand continues to look strong, especially from China, even if there is continued talk that they'll eventually cancel on some purchases. ...
Tags: Soybeans, Agriculture, Food
Soybeans were higher on commercial and technical buying. There was no real fresh news, but the outside markets were supportive and the near term supply remains tight. Conditions in Brazil are generally good for development and harvest, but ...
Tags: Soybean, Agriculture
They said the party was over, but Australia's giant resources sector is surging into a two-horse race between iron ore and coal, with the latest numbers revealing that there is still fire in the belly of the boom, thanks mainly to sustained ...
Tags: coal industry, Mineral
On Thursday, the CME Group corn market hits a 40-month low, wheat drops to 2-year low. Meanwhile, soybeans close higher. The March corn futures contract ended 5cents lower at $4.12. Earlier, the corn market reached $4.08, the lowest since ...
Tags: corn market, soybeans
USDA released bullish production and ending stocks data for corn Friday morning, while soybean data fell well within previous trade estimates for both variables, making the federal data neutral for that crop, traders say. In its Grain ...
Tags: Corn, Agriculture
US PVC maker Axiall will raise its suspension grade PVC prices on February 1 by 3 cents/lb, or as contracts allow, the company said Friday in a letter to customers. The increase follows a similar announcement from December 3, when the ...
Tags: PVC Prices, PVC Maker
In the week ending January 11, 2014, farmers and ginners in India held to their cotton without any fear of downtrend, says a weekly report on cotton market trends released by S. Ajay Kumar & Company. During the week, cotton market ...
Tags: Cotton Farmers, cotton market
Soybeans were higher on fund and commercial buying, along with spillover from corn. 2013 soybean production was up on the year and larger than expected at 3.29 billion bushels, while quarterly stocks were up on the year, but ending stocks ...
Tags: Corn, Corn Futures Prices, Prices Jump
By lowering ending stocks estimates, the USDA released market-friendly data Friday. As a result, the corn finished double-digits higher. The March corn futures contract closed 20 3/4 cents higher at $4.32. The March soybean futures ...
Tags: Agriculture, Food