Commodities

Vandals destroy Italy's first experimental rice field

A first field of rice plants created in Italy with the help of new genomic techniques has been vandalised, compromising the results of research aimed at making agriculture more efficient and...

China's LNG imports set to slow: Kemp

China appears to have taken advantage of low prices in the spot market so far in 2024 to boost the amount of gas in storage, absorbing some of the extra fuel that would otherwise have been sent to...

India's LNG surge supports Asia's imports in June: Russell

Asia's imports of liquefied natural gas are expected to dip slightly in June from May,...

Barren fields bring Chinese farmer to tears from drought

STORY: Zhang Junying, a corn farmer in China's Shandong province was moved to tears on Thursday as she realized her fields are now barren and destroyed. She, alongside many other...

China dials down coal output to focus on structural reform: Kemp

China's coal production has slowed slightly, after rapid growth in the last two years, as the energy supply situation has become more comfortable, allowing the government to focus on long-term...

Oil prices slip as rate hike worries come into focus

Crude oil futures slid in early trade on Friday on the prospect of higher-for-longer interest rates in Asia and the United States, while falling U.S. oil inventories kept prices from moving lower. ...

China dials down coal output to focus on structural reform: Kemp

China's coal production has slowed slightly, after rapid growth in the last two years, as the energy supply situation has become more comfortable, allowing the government to focus on long-term...

Russia's IKAR raises wheat crop forecasts to 82 mln t

Russia's IKAR agricultural consultancy has raised its forecasts for Russia's wheat crop to 82 million metric tons from 81.5 million tons, it said on Wednesday. ...

Robust Permian output, OPEC spare capacity to keep Brent at $75-90/bbl ceiling, Goldman says

Goldman Sachs expects robust oil production growth in the Permian basin, the largest U.S. oilfield, and high OPEC spare capacity to likely support the ceiling of their $75-90 per barrel Brent price...

Commodities Overview: Oil puts up resistance

Every week, the commodities overview gives you the opportunity to review the latest news on the commodities markets, to better understand the variations in energy, metals and agricultural commodity...

Lexington says assay suggests "substantial" gold presence

Lexington Gold Ltd - gold exploration and development company with projects in South Africa and US - Announces assay results from the recent gold exploration drill programme at its Jennings-Pioneer...

Global nickel prices have probably hit a floor, says Macquarie

Global nickel prices may have hit a floor, according to a Macquarie analyst who sees a market recovery driven by strong demand from the steel sector and as a surplus of ore supplies shrinks after...

US natgas prices fell 3% on forecasts for lower demand, higher output

U.S. natural gas futures fell about 3% on Thursday on lowered demand forecasts for the next two weeks, expectations supplies will soon rise once the Mountain Valley gas pipeline enters service, and...

China's vast copper overhang will clear, one way or another: Russell

The massive overhang of copper in China is starting to work its way through the global market dynamics for the industrial metal, with prices easing and trade flows likely to adjust. ...

Global nickel prices have probably hit a floor, says Macquarie

Global nickel prices may have hit a floor, according to a Macquarie analyst who sees a market recovery driven by strong demand from the steel sector and as a surplus of ore supplies shrinks after...

From northwest to east China, parched regions face drought

BEIJING -Weeks of scarce rainfall in parts of China, coupled with sweltering heat, has brought drought to several provinces, prompting alerts and actions from authorities to minimise the impact on...

China's vast copper overhang will clear, one way or another: Russell

The massive overhang of copper in China is starting to work its way through the global market dynamics for the industrial metal, with prices easing and trade flows likely to adjust. ...

Oil slips on US growth worries, ample crude supply

Oil prices fell in early trade on Wednesday as investors digested news that the U.S. Federal Reserve has opted against cutting interest rates in the near future, while ample U.S. crude and fuel stocks...

Wheat sags on uncertain demand outlook; corn firm, soy sags

CHICAGO, June 12 - U.S. wheat futures fell...