Gold is losing its glitter. Prices have headed south ever since the spectre of US Fed tapering appeared. The yellow metal's price is set to end the year with a loss of nearly 30%. That's the biggest yearly loss in three decades. A sharp ...
Tags: Gold, Low Inflation
It was a shortened trading week due to the Christmas holiday, and ICE cotton futures started the week non eventful, but finished it with three digit gains. The H4 contract topped over 85 cents and reached a two and a half month high during ...
Tags: Cotton Futures, Textile
Till date nearly 1 crore bales have arrived in the market and approximately 2.75 crore bales are yet to arrive in the Indian market. Mills and exporters are cautiously procuring cotton considering the financial tightness in the market. ...
Tags: Cotton Buying, Rupee Depreciation
Taiwan's CPC and Formosa Petrochemical have both raised domestic retail prices of gasoline and diesel by T$0.50/liter ($0.020/liter) effective Monday, according to the companies' websites. The change raises both refiners' retail prices ...
Tags: Gasoline, Diesel Prices
US propane and propylene stocks are 31% under were they stood in 2012 on increasing exports, cold weather and changing infrastructure, Energy Information Administration data released Friday showed. The stocks fell 2.51 million barrels to ...
China plans to discontinue its cotton and soybean purchasing and storage mechanism soon and offer direct subsidies to farmers instead, according to the Xinhua News Agency. Finance Minister Lou Jiwei said that the Chinese government will ...
Closing Grain and Livestock Futures Mar. corn closed at $4.20 and 1/2, down 1 and 1/2 cents Jan. soybeans closed at $12.87, down 25 and 1/2 cents Jan. soybean meal closed at $423.80, down $13.90 Jan. soybean oil closed at 38.51, ...
Tags: Soybean, Agriculture, Food
Singapore's growth quickened in 2013 and the country will "do well" going forward, Prime Minister Lee Hsien Loong said. Gross domestic product rose 3.7 per cent this year, Lee, 61, said in his New Year message today. That's in line with ...
Tags: Electrical, Electronics
Taiwanese steel pipe distributors and users have initiated to replenish their stocks since middle of December while the steel pipe prices are still steady. They expect the market prices released from Chung Hung Steel and China Steel ...
Tags: Steel Pipe Market, Mineral
China's apparent oil demand in November contracted 2.1% year on year to 40.88 million mt, or an average of 9.99 million b/d, according to Platts calculations Thursday based on final government data released Tuesday. This is the second ...
Tags: Oil Demand, Oil Product
Much has happened in 2013 for the ethanol-producing world: taking a look at new sources for ethanol, an inaccurate story instigating Twitter reaction, and markets looking to ethanol as both a worry and a possible helper to the corn ...
Tags: Agriculture, Food
Look around at the number industrial uses for U.S. soy. The engine manufacturers that support the use of biodiesel in their engines. Or the farm-equipment companies that use soy-based body panels. Or the car companies that use soy-based ...
Tags: Innovative Industrial, Soy
Florida State University researchers have spearheaded a major review of fisheries data that examines the domino effect that occurs when too many fish are harvested from one habitat. The loss of a major species from an ecosystem can have ...
Corn and soybeans were up; cotton was mixed; and wheat was down for the week. As the Christmas season quickly approaches trading volume has reduced substantially with the exception of soybeans which have high volumes when accounting for ...
Tags: Crop Comments
Key Competitors' Wheat Output Boosted This Month World wheat production forecast for 2013/14 soared 5.0 million tons this month to 711.4 million, exceeding the record wheat output of 2011/12 by 14.1 million tons and surpassing that year's ...
Tags: Wheat, Wheat International Outlook