Following the announcement on June 30 that Epistar is acquiring Formosa Epitaxy (FOREPI), Epistar will have over 400 MOCVD reactors including those from FOREPI's China subsidiaries, more than double the GaN MOCVD of its nearest competitor, ...
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
Gujarat based Sintex Industries Ltd is setting up a big spinning unit which will house 320,000 spindles at a location in Pipavav – Gujarat. “Sintex which till now used to produce high-end structured dyed yarn shirtings at its ...
Tags: Sintex, Spindles Spinning
French dairy major Danone is planning to shut down three of its plants in Europe, a move which will eliminate 325 jobs. The decision comes amid declining fresh dairy sales in the continent. Although, European sales volumes are now ...
Tags: Dairy Plants, Danone
In May of the current year, China's total foreign trade value amounted to $355.024 billion, indicating a year-on-year increase of 3.0 percent, as announced by the Chinese customs authorities on June 8. In the given month, the total value of ...
Tags: Trade Surplus
The US Census Bureau and the US Bureau of Economic Analysis, through the Department of Commerce, announced today that total April exports of $193.3 billion and imports of $240.6 billion resulted in a goods and services deficit of $47.2 ...
Tags: Trade Deficit, capital goods
According to the data released by the Export and Import Division of South Korea's Ministry of Knowledge Economy (MOTIE), the country's trade balance indicated a $5.35 billion surplus in May this year. Meanwhile, in the first five months ...
Tags: Steel Exports, cars exports
The volume of cotton traded internationally is expected to decline by 8% to 8.1 million tons in 2014/15, driven by reduced shipments to China from a record of 5.3 million tons in 2011/12 to an anticipated 2.1 million tons 2014/15. While the ...
Tags: Cotton, imported cotton
Futures prices continued to tumble this week, as negative fundamental and technical factors exerted additional downward pressure on the market. Abundant rainfall in West Texas over the Memorial Day weekend could potentially add 1.5-2.0 ...
Tags: Cotton, Cotton Futures
German utility group E.ON and Qatari producer RasGas have signed a three-year flexible deal to deliver up to 2 billion cubic meters of LNG over the term of the deal from Qatar to the UK's Isle of Grain LNG import terminal, where E.ON has ...
Tags: RasGas, LNG contracts
The World Bank will fund infrastructure projects worth $245 million to revamp facilities in Uganda's Albertine oil region, ahead of first oil production in the country, Uganda's President Yoweri Museveni said in a statement Thursday. ...
Tags: Infrastructure Funds, Oil
According to customs statistics, in the first quarter of 2014, the national import and export is 5.9 trillion yuan, fell by 3.7% year-on-year. Among them, the export is 3 trillion yuan, down 6.1%; Imports is 2.9 trillion yuan, down 1.2%; ...
Tags: Economy, Foreign Trade, China
Going long on lead and short on copper continues to be a solid investment strategy in 2014, particularly as lead tilts toward a supply deficit and copper toward surplus, investment bank BNP Paribas said Thursday. Despite lead's ...
It was a combination of technical weakness and economic worries that weighed on the market this week, as the spot month moved perilously close to the important 90 cents support level, settling at its lowest level since March 13. From a ...
Despite a recent recovery in London Metal Exchange copper prices, market analysts were still bearish this week on the metal's price for the rest of this year, based on factors such as a surge in supply and a weak Chinese construction ...
Tags: copper, copper prices