U.S. refiners are selling more fuel abroad than ever before, effectively exporting the American energy boom to the four corners of the world. As crude production soars in places like the Eagle Ford shale formation in Texas, U.S. refiners ...
Tags: U.S.refiners, Mineral
The Cotlook A and the CIF Bremen Index quotations moved again more or less sideways like in most of the previous months. At the local market, the processing industry seemed to be well covered for the rest of this year. In part the inquiries ...
Tags: Cotton Market, Textile
After trading to a low of 82.11 cents last week, downside momentum faded and the market was able to move slightly higher this week, with December closing today about 300 points above important long-term support at 81.72 cents. The lack of ...
Tags: NY Futures, Textile
In absence of fundamental new developments in the cotton market the Cotlook A as well as the CIF Bremen Index moved moderate up only and remained on rather similar levels compared to the previous week. The turnover at the domestic market ...
United Arab Shipping Company (UASC) has signed contracts to build some of the world's largest and greenest container ships – all of which will be classed by DNV. Hyundai Heavy Industries, Korea (HHI) is to build the five 18,000 TEU ...
Tags: Shipping, logistics, Container Ships
North American cocoa processor and csupplier Blommer Chocolate is set to launch RSPO-certified, mass balance palm oil in the US. This development comes after the company received certification from the Roundtable on Sustainable Palm Oil ...
Tags: cocoa processor
Lafarge West Africa has reportedly signed an MoU with the Engu State Commissioner for Commerce and Industry, Nigeria, which paves the way for a new cement plant to commence operations next year. Speaking on behalf of the state, Dr Jude ...
Tags: Cement, Construction
Blumberg Grain, a US-based multi-national food security firm, has signed a letter of intent with the Nigerian federal government to invest around $250m in the country's agribusiness sector. The investment will be used for the ...
It’s reported that Korean steel giant Posco has inked a memorandum of understanding (MoU) with the Cameroon government to develop steel industry jointly. Cameroon owns 5 billion tons of iron ore deposits and is ideally to supply ...
Tags: Cameroon, Steel Industry
After a temporary weakening following the price reaction in New York caused by economic news last week, the quotations of the CIF Bremen Index stabilized again to the former sideway trend. At the domestic market most of the inquiries from ...
Tags: CIF Bremen Index, Textile
Once again merchants reported on a relatively quiet week which was mainly shaped by selective enquiries. Nevertheless some cotton contracts were additionally closed with Euro purchasers due to the exchange rate which had developed ...
Tags: Cotton Market, Textile
A new garment factory, said to be the largest in West Africa, will start functioning in Osogbo, the capital of Nigerian state of Osun, in August this year. Sam & Sara, a Lagos-based uniform and garment manufacturing company, has ...
Tags: Garment Unit, Apparel
China has taken delivery of around 88,000 mt of Iranian LPG in June after a break of four months, as the Islamic republic extends exports to North Asia in its attempts to circumvent sanctions aimed at preventing it from exporting oil ...
Tags: Metallurgy, Mineral, Energy
China has taken delivery of around 88,000 mt of Iranian LPG in June after a break of four months, as the Islamic republic extends exports to North Asia in its attempts to circumvent sanctions aimed at preventing it from exporting oil ...
Tags: Iranian LPG, Chemicals
The major indices have decreased significantly since the beginning of the reported week. The ICE recorded the adjustment of positions amongst other things. However, current quotations of available cotton reflected by the CIF Bremen Index ...
Tags: Bremen Cotton, Textile, Price