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
US over-the-counter thermal coal prices closed mostly lower on Thursday, despite the sharp jump in the broader energy complex, led by a 5.6% increase in the front-month natural gas futures price to $4.762/MMBtu. "Coal is marching to its ...
Tags: coal prices, natural gas
During the last couple of days, all indices mainly followed the New York futures development. Despite nice U.S. export data and once again reduced stocks of high qualities, the surprisingly good rainfalls in Texas as well as the planting ...
Tags: Cotton, Cotton Prices
The seaborne iron ore cended a two-day rally and dipped again Friday, tracking a withdrawal in buying activity as the fast spike and current supply glut hit spot purchasing. Platts assessed the 62% Fe IODEX at $98.75/dmt CFR North China, ...
Tags: Iron Ore, Seaborne Seaborne
Spot Asian coking coal prices moved sideways Monday as ominous signals from the Chinese steel industry, nagging concerns about lower costs and abundant supplies hurt trading sentiment. Lower domestic prices continued to be used as a key ...
Tags: coking coal, domestic prices
If you're not ready for a higher cattle market for a while, you better settle in and get ready for it, because it's going to continue for "multiple years" into the future, one expert says. Record beef prices at the consumer meat case ...
Tags: Beef Herd, cattle market
As of April 28, inventory of iron ore at 33 major Chinese ports amounted to 108.31 million mt, down 100,000 mt or 0.09 percent compared to the inventory level recorded on April 21, as announced by China's Xinhua News Agency. As of the ...
Tags: Iron Ore, spot market
Whereas the short decrease of the quotations on the futures market had stimulated the closure of several contracts during the previous week, prices for medium staple cotton returned to a firm tendency within the course of this week and ...
Tags: Cotton Prices, Cotton
News on higher than expected support for farmers in Xinjiang, sales from the Chinese National Reserve at attractive prices, slightly decreasing US-exports as well as considerably lower prices for the competing fibre polyester have ...
Tags: CIF Bremen, textile industry
The ferrous scrap market was stable in eastern China this week, in tandem with the finished steel and rebar futures markets, market participants said Friday. Most traders were bearish, expecting further price cuts in the short term. ...
Tags: Ferrous Scrap, Rebar, finished steel
The Shanghai Futures Exchange is ready to roll out the country's first yuan-denominated crude oil futures, which it hopes will become a benchmark in Asia before gaining global influence. Yang Maijun, the bourse's chairman, said foreign ...
Technical reasons and rising interest to invest in cotton seemed to cause the movements on the futures market. The quotations on the European market were also influenced by better than expected shipping data from the world’s ...
NY futures resumed their uptrend this week, as May rallied 380 points to close at 91.61 cents, while December gained 171 points to close at 79.55 cents. After meandering sideways for the past six weeks, unable to generate much ...
Tags: Cotton Futures, Cotton market, Textile
Pork producers are being encouraged to consider taking advantage of the current strong hog market by locking in prices on the futures market for a portion of their production. As the result of fears over the potential impact of Porcine ...
Tags: Pork producers, current strong hog market, hog supplies
Uncertainty surrounding total swine herd losses to porcine epidemic diarrhea virus has sent lean hog futures for spring and summer contracts to record-high levels, but it's possible the markets have overreacted, a Purdue Extension ...
Tags: PEDv, Demand for pork, avoid the disease