China's securities supervisor said on Friday that it plans to stress test its securities and futures institutions to assess how they perform under extreme conditions. During the tests, conditions of a wide swing in the capital market or ...
Tags: Securities, Futures Institutions
China released documents on Monday on electricity sector reforms covering everything from pricing to setting up a national electricity futures market. The new pricing system, which was piloted in Shenzhen and Inner Mongolia early this ...
Tags: power grid, electricity system
Year-over-year prices for finished steers remain high, but it looks like in general, cattle futures have peaked for the season, and that's likely to trim gains heading into summer. The cattle business has responded to supply-driven price ...
Tags: cattle futures, Agriculture
The UK government is planning to introduce compulsory country of origin labeling for dairy products in order to support struggling dairy farmers. Dairy products including cheese, milk and yoghurt will feature the country of origin ...
Tags: Dairy Products, yoghurt
New York futures advanced this week, with December gaining 146 points to close at 64.50 cents/lb, while March moved up 114 points to close at 63.02 cents/lb. Persistent spec buying lifted the December contract to a high of 66.04 cents ...
Tags: grains markets, New York futures, Textile
New York futures moved higher this week, with December advancing 209 points to close at 63.94 cents/lb, while March gained 174 points to close at 62.27 cents/lb. “After posting a low of 60.83 cents two weeks ago, nearby supply ...
Tags: Cotton, cash market
After a short rise, the CIF Bremen Cotton Index stayed unchanged over the reported week, quite opposite to the NY cotton futures market. The price movement in NY cotton futures was supported by stable demand for US cotton, covering of ...
Tags: Unchanged, Cotton Index, Textile
New York cotton futures traded sideways this week, as December moved up 65 points to close at 64.67 cents. Since trading at a low of 62.02 cents on August 1, trading has turned a lot more two-sided, as new trade buying has emerged and ...
Just when it looked like the market was finally getting ready for a bounce after trading sideways for the last eight sessions, a new wave of selling forced values another 200 points lower today. We still feel that trade’s lack of ...
Over the last ten-and-a-half weeks relentless spec and trade selling has pushed the December contract nearly 1700 points lower and it still remains to be seen where this decline ultimately leads to. From a technical perspective we are now ...
After speculators had sold nearly 8 million bales net since early May, they finally seemed to move to the sidelines, allowing the market to recover some of its losses this week. The latest CFTC report as of July 29 showed speculators ...
Tags: Speculators, Decline, Textile
Some enterprises have already ended their company holidays. In conjunction with the development of prices which had turned to slightly increase this led to a rising number of inquiries for usual varieties. Since movements on the futures ...
Tags: CIF Bremen Index, Rising Interest, Textile
The NY cotton futures market was down 394 points for the week from Monday's 72.06 open to Friday's settle at 68.12. Without a doubt the USDA WASDE report was bearish and the market took a quick dive once the report was released. They ...
Tags: USDA, The NY Cotton, Textile
Seaborne iron ore prices reversed losses Tuesday, as bullish expectations on Chinese economic performance provided stronger support for the steel raw material. Platts assessed the 62% Fe IODEX $0.75/dmt higher on day at $96/dmt CFR North ...
As of July 7, inventory of iron ore at 33 major Chinese ports amounted to 114.77 million mt, up 130,000 mt or 0.11 percent compared to the inventory level recorded on June 30, as announced by China's Xinhua News Agency on July 8. As of ...
Tags: Metallurgy, Mineral, Energy, Iron Ore