On Thursday, the CME Group soybean market plummeted on improved crop prospects in South America. The March corn futures contract settled 1 1/2 cents lower at $4.20. The March soybean futures contract finished 22 cents lower at $12.70. ...
Tags: Agriculture, Food, Soybeans
The lead-time indicators for passive electronic components have demonstrated anemic market performance for the past two years suggesting lackluster demand from end-use markets. Raw material pricing has been trending downward, which bodes ...
Tags: Passive Components, Electrical, Electronics, indicators
For the most part of 2012 and 2013 the textile sector was besieged by twin impacts of slowing domestic consumption and slowdown in export demand. However recent pick up in export demand is expected to improve the fortunes of textile ...
Tags: Textile Exports, US market
All three futures markets fell to contract lows this week, pressured by rising global supplies that will compete with U.S. exports. CBOT and KCBT March contracts each lost 15 cents this week to close at $6.14/bu and $6.57/bu, respectively. ...
Tags: all three futures markets, US, Wheat Price
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
The traditionally low-cost pasture-based dairying regions, such as Australia, have lost their cost advantage as input prices have risen, and now compete on the global market with a similar cost of production to producers with more intensive ...
Tags: Milk, Agriculture, Food
The Shanghai benchmark copper contract for delivery in February declined by 0.78 percent on the Shanghai Futures Exchange (SHFE) Friday compared to Thursday, ending at 51,160 yuan ($8,429.59) per ton. However, it still climbed by 0.49 ...
Tags: Copper Futures, Mineral
Wintershall, a 100% BASF subsidiary, is optimizing its portfolio through divesting its share in selected assets on the UK Continental Shelf. Through the transaction, the Hungarian MOL Group will acquire 14 licenses in the North Sea, ...
Welspun India Ltd (WIL), the leading home textiles maker, has been spinning robust margins and profits on back of rupee's depreciation against US dollar, coupled with advantage of cheaper Indian cotton over key competitors like China and ...
Offers for China's domestic spot aluminum alloy ADC12 slipped, affected mainly by weaker aluminum ingot prices, while the demand remained steady, seeing no significant change from the previous week, industry sources said. Domestic offers ...
Tags: China Aluminum, LME Prices
China's Yuan has surpassed the EURO to become the world's 2nd-most widely used currency in global trade finace, China Daily reported. The yuan captured an 8.66% share of letters of credit and collections in October, while the euro's was ...
The depreciation in Pakistan's rupee value against US dollar has led to an increase in raw cotton prices which rose by Pk Rs 200/40kg in the lower grade category and Rs 100/40kg in the higher grade category, in the Sindh and Punjab regions ...
Tags: Cotton, Textile, Cotton Prices
Turkish steelmakers and international scrap recyclers are fairly quiet this week in discussing December/January shipments of bulk cargoes, with electric arc furnaces keen to sell more finished steel products before turning their attention ...
Tags: Mills, Scrap Recyclers, Metallurgy, Mineral, Energy
Turkish steelmakers and international scrap recyclers are fairly quiet this week in discussing December/January shipments of bulk cargoes, with electric arc furnaces keen to sell more finished steel products before turning their attention ...
Tags: Steel Mills, Metallurgy, Mineral, Energy
It is reported that the nickel miner Vale, has suspended operations in New Caledonia due to a effluent pipe damage. The effluent pipe leads through a lagoon of a World Heritage site and it caused Vale to half its production at its five ...