When tropical storm “Karen’ and typhoon ‘Fitow’ failed to deliver the expected punch to cotton areas in the US and China over the weekend, the market quickly relinquished some of its weather premium when trading ...
Tags: NY Cotton
Venezuela's CVG-Bauxilum alumina sales totaled 55,412 mt in August, up 15% on sales of 48,049 mt in August 2012, Bauxilum said Tuesday. August sales were down 8%, however, on sales of 59,997 mt in July 2013. Of August sales, 30,201 mt ...
Tags: Alumina, Metallurgy, Mineral, Energy
The Asian naphtha market may firm going into the last two months of this year on curtailed arbitrage flows which will likely tighten supply balances and year-end demand mopping up excess naphtha supply from the higher arbitrage arrivals in ...
Tags: Chemicals, Metallurgy, Mineral, Energy
Post Foods, a US-based cereal brands manufacturer, has agreed to acquire Dakota Growers Pasta from Viterra, a wholly-owned subsidiary of Glencore Xstrata, for $370m in cash. Dakota Growers is located in Carrington, North Dakota, where it ...
Tags: Post Foods, Dakota Growers Pasta
Drummond Ltd., one of the largest coal producers in Colombia, partially restarted operations Saturday night after the government stepped in to resolve a strike that has stifled the country's coal exports. Edgar Munoz, a spokesman for the ...
Tags: Coal, Metallurgy, Mineral, Energy
The New York Department of Financial Services (DFS) has ordered Lloyd's of London to furnish the comprehensive details about the findings of its internal market investigation over the potential violations of the US sanction laws, while ...
For centuries, trading with raw material has been an integral part of economic life. Stock exchanges started everywhere and eventually developed into the stock exchanges that exist today, dealing with shares, too. The first stock exchange ...
Tags: Raw Material, Textile
Asciano has delivered a strong result with underlying EPS up 39% and the final dividend up 56%, however, its Rail and Terminals Logistics division experienced significant weakness. Asciano has reported a 41.2% increase in statutory net ...
Miner and trader Glencore Xstrata (GLEN.L) reported copper production increased by a fifth in the first six months of 2013, driven by the ramp-up of mines replacing depleted operations and a stronger performance in Congo. Glencore, which ...
Tags: Copper Output, Glencore
Cargill Australia has signed an agreement with Glencore International to acquire Joe White Maltings. The transaction, which is subject to certain regulatory approvals, is expected to be completed by the end of 2013. Joe White Maltings ...
The Asian naphtha industry gathered Thursday for the start of the 22nd CFR Far East Open Specification Naphtha Meeting to debate among other things a recommendation that seeks to widen the scope of naphtha cargo origins for inclusion in an ...
Tags: Chemicals, Metallurgy, Mineral, Energy
China Minmetals Corporation president assistant Wang Jionghui states that the company is considering bidding for Rio Tinto Canada iron ore business. Rio Tinto plans to sell 59 percent equities in its Canada iron ore business; analysts ...
Tags: Metallurgy, Mineral, Energy
Members of five trade unions employed at the Port Waratah Coal Services shipment facility for coal exports at Newcastle port in eastern Australia have called a four-hour strike next Wednesday in an escalation of their industrial dispute ...
Tags: PWCS, Coal Terminals
Fixtures for shipments of more than 190,000 mt of heavy naphtha bound for Asia from the US Gulf Coast show that the arbitrage window has reopened to meet firm demand from Asia, trade and shipping sources said Friday. It marks the second ...
Tags: Metallurgy, Mineral, Energy, gasoline market
International commodities trader Glencore International plc (Glencore) has announced its financial results for 2012, stating that 2012 was characterized by lower prices across all base metals, though volumes remained strong and this enabled ...
Tags: iron ore sales, iron ore, minerals