The NY cotton futures market was down 394 points for the week from Monday's 72.06 open to Friday's settle at 68.12. Without a doubt the USDA WASDE report was bearish and the market took a quick dive once the report was released. They ...
Tags: USDA, The NY Cotton, Textile
NY futures extended their decline this week, with December falling another 351 points to close at 68.55 cents. The market continued its relentless slide, driven by the same dynamics we talked about last week. The market’s weakness ...
Tags: NY Cotton Futures, Decline, Textile
Seaborne iron ore prices reversed losses Tuesday, as bullish expectations on Chinese economic performance provided stronger support for the steel raw material. Platts assessed the 62% Fe IODEX $0.75/dmt higher on day at $96/dmt CFR North ...
As of July 7, inventory of iron ore at 33 major Chinese ports amounted to 114.77 million mt, up 130,000 mt or 0.11 percent compared to the inventory level recorded on June 30, as announced by China's Xinhua News Agency on July 8. As of ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
U.S. farmers have planted a whale of a soybean crop this year, and if that crop reaches fruition, it'll keep the bears fed for some time, analysts and traders say after soaking up Monday's USDA Quarterly Grain Stocks and June Acreage ...
Tags: Agriculture, Food, Soybean, Corn
Significant decreases of futures contracts of cotton traded at ICE Futures have been concerning Brazilian sellers. The lower interest from China and expectations of a higher supply in Brazil as well as in the United States have been ...
Iveco launched new generation Stralis heavy truck, which is of the most efficient till now, and the truck is welcomed and purchased by many transport companies in the UK. Stralis Hi-Way 6x2 tractor futures double steering apparatus and ...
Tags: Transportation, Auto, Heavy Truck, Truck
The over-the-counter price for 8,800 Btu/lb Powder River Basin coal dipped again Monday, as rail issues overhang the Western market. Mines in BNSF Railway's service area, in the northern reach of the basin, are having trouble guaranteeing ...
Tags: physical market, Western market
Oops, we did it again. Another solid USDA export report and the market tanked. The beginning of the week the market was on a tear to the upside but the market reaction to this “bullish” report turned the fundamentals on their ...
Tags: Cotton Futures, Cotton Market
Platts Australian alumina assessment closed the week at $310.50/mt FOB, decreasing $1.50/mt from Thursday, weighed by sluggish demand, the higher cost of credit in China, and concerns relating to counter-party risk. The assessment was down ...
Tags: Alumina, Qingdao port
US over-the-counter thermal coal prices closed mixed on Friday as traders digested the most recent weekly natural gas storage data, which propelled natural gas front-month futures to more than a five-week high in the previous session. The ...
Tags: Natural Gas, thermal coal
Oil futures held near nine-month highs Monday on concerns that escalating violence in Iraq could spread to the country's oil-producing southern region. ICE August Brent settled 48 cents higher at $112.94/barrel. The front-month contract ...
Tags: Oil Futures, Crude futures
US over-the-counter thermal coal prices closed mixed on Monday, with only a handful of trades seen trading in the session. Barged Central Appalachian thermal coal rose 25 cents/st along the 2014-2015 curve, while CAPP rail (CSX) prices ...
Tags: Coal Prices, thermal coal
European ethylene hit a 2014 high of Eur1,015/mt ($1375/mt) FD NWE Friday, up Eur45/mt on the week, Platts data showed, on the back of reduced availability and an increase in feedstock prices. Naphtha hit a 2014 high of $959/mt CIF NWE ...
Tags: Ethylene, Ethylene prices
Despite weak fundamentals and largely negative sentiment, the futures and swaps markets recovered some ground through the day, leading to some support for ore prices. Platts assessed the 62% Fe Iron Ore Index up 50 cents from Monday at ...
Tags: steel rebar, ore prices