A restrained demand was registered during the past week since several spinning industries maintained their wait-and-see attitude due to the continuously volatile market. Some contracts were closed, however, especially for near dates, ...
Tags: Cotton, Restrained Demand
Iron ore prices are likely to drop to $115/dry mt CFR China this year, lower than Q1's $120.68/dmt average, forcing as much as 70-80 million mt/year of high-cost Chinese supplies to shut, Standard Bank said Monday. Iron ore reference ...
Tags: Iron Ore, iron ore demand
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
Iron ore prices of just under $120/mt are likely to stay flat in the medium term, with some softening expected in the short term, a Sanlam Securities' mining analyst said Wednesday. "There's going to be volatility in the iron ore price as ...
Tags: Iron Ore, Medium Term
The prices of cotton in Indian market are likely to rise in the coming months, predicts the latest weekly analysis of cotton market released by S. Ajay Kumar & Company. According to the report, the arrival of cotton in the Indian ...
Tags: Cotton Prices, Indian Market, Cotton
Keeping in mind the firm prices in New York, the demand for Upland cotton was quite restricted so that hardly any contracts could be closed. The interest was rather focused on long and extra-long staple cotton. Some inquiries ...
Swedish commercial vehicle manufacturer Scania and Ministry for Transport in Ghana have entered into an agreement, under which Scania will supply buses and equipment for the bus rapid transit (BRT) system in Accra. Under this deal, the ...
Tags: commercial vehicle, truck, bus
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 ...
Considerable amplitudes to the top as well as to the bottom without any obvious trend shaped the development of the CIF Bremen index. After a short decline the index tended firmer by the end of the reported week.The currency development was ...
The Commonwealth Cybergovernance Model adopted by ICT ministers from the 53-country Commonwealth of Nations this week could encourage African nations to move forward on controversial proposals to combat cybercrime and develop common ...
Tags: Computer Products, IT, Online Security
EMGS - Industry funding for vessel BOA Thalassa in Norway Tuesday, Feb 18, 2014 Electromagnetic Geoservices ASA's (EMGS) has received industry funding for about 4 months of work in Norway. "We experience increased interest from both new ...
Tags: Transportation, Service, vessel schedule
PROMAR has ordered two Platform Supply Vessels from Damen Shipyards Group and this ambitious Swiss company is looking to further expand the offshore fleet under its management in the next five years. The first Damen PSV 3300 will be ...
Barry Callebaut has purchased the remaining 51% stake in Tanzanian-based Biolands Group, its long-time supplier of certified cocoa beans from East and West Africa. With this development, 143 full-time employees at Biolands have joined the ...
Tags: Biolands Group, cocoa beans
Nigerian crudes for March loading have sold well with less than 10 cargoes unsold from the March program, because of healthy demand from Europe and India, although the remaining grades were struggling to sell, sources said Wednesday. More ...
Tags: Mineral, Nigerian Crudes
Global steel giant ArcelorMittal will have to share the Liberian rail line that it is using to export iron ore with West Africa-focused Sable Mining and other miners operating in Guinea, according to a Reuters report. The rail line is ...
Tags: Liberian Rail Line, steel, ArcelorMittal, iron