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
Ohio Precious Metals, LLC(dba OPM Metals) is delighted to announce that effective Thursday, December 19, 2013, the London Bullion Market Association (LBMA) listed OPM Metals on the LBMA Good Delivery List for gold. Per an official press ...
ICE cotton settled slightly lower this week, closing at 83.11 basis Z3. Growing cert stocks and lower YoY Chinese cotton imports in September prompted bearish headlines that, along with sagging technicals and ideas that the US crop may be ...
European naphtha crack futures reached a three-month high Tuesday amid talk of short covering and a potential uptick in demand from petrochemicals end-users, market participants said. The June CIF Northwest Europe naphtha crack spread -- ...
Tags: Chemicals
Ongoing planting delays continued to keep potential sellers at bay this week, which allowed the market to trend higher. West Texas is still too dry, while parts of the Mid-South and Southeast have experienced wet and unseasonably cool ...
Tags: Cotton Futures, Textile
When the market reopened after the long Presidents Day weekend, it looked like May was ready to break out of its flagging pattern when it traded to a high of 85.24 cents on Wednesday. However, there was still enough opposition by the trade ...
Tags: cotton, NY cotton, cotton market
Asian isomer-grade mixed xylene spot prices have slumped around 8% since reaching record highs of $1,427.50/mt FOB Korea and $1,446.50/mt CFR Taiwan on January 7, Platts data showed. On Wednesday, the mixed xylene was assessed at ...
Tags: mixed xylene spot, mixed xylene market, mixed xylene spot price
Bloomberg reported that steel reinforcement bar futures climbed to a five month high, heading for the best quarterly performance in two years, on optimism that a recovery in the real estate market in China, the biggest user may boost ...
Tags: steel reinforcement bar, real estate market, China, steel
The London Metal Exhange(LME)announced on November 30 that it will suspend Detroit,Chicago,New Orleans,Dubai,Johor and Incheon as billet delivery locations on the LME steel billet contract.The LME has thus retreated from the US market,after ...
Tags: LME, steel billet contract, US market, steel industry
Broking firm Kotak Commodity Services gave following outlook on base metals segments: Copper - MCX Copper may note some decline tracking slight retreat in international markets, however the downside. LME Copper trades slightly lower ...
According to the World Bureau of Metal Statistics' most recent report, the market surplus for primary aluminum between January and September 2012 was 488,000 tonnes which follows a surplus of 1,871,000 tonnes recorded for the whole of 2011. ...
Tags: World Bureau of Metal Statistics, primary aluminum, most recent report
IRIS reported that Broking firm Kotak Commodity Services gave following outlook on base metals segments: Copper - MCX Copper may trade under pressure amid stronger Indian rupee and rangebound movement in international market. LME Copper ...
Tags: base metals, international market, rangebound movement
Reuters reported that hopes are growing that China's economy will be in better shape in the H1 of 2013 after its new leader, who takes over in March, announced his commitment to pro growth policies, boding well for demand in the world's ...
IRIS reported that Broking firm Kotak Commodity Services gave following outlook on base metals segments: Copper - MCX Copper may note some decline amid firmer Indian rupee however downside is limited. LME Copper trades in a narrow range ...
Tags: Kotak Commodity Services, copper, aluminum, zinc, nickel, lead
Plexus Cotton Limited reported that New York (NY) futures have trended lower this week, as December fell by 369 points to close at 71.53 cents. With harvest in the Northern Hemisphere gaining momentum, the market finally came under some ...
Tags: cotton futures, cotton, cotton market, cotton industry