Analysis: Commodities

Scaling an Indonesian volcano to pray for rain

STORY: For centuries, Indonesia's Tenggerese people have invoked an ancient ritual on the slopes of the stunning Mount Bromo, an active volcano. It's known as the Kasada...

ICE Canada Weekly Outlook : Canola Bouncing Around in a Large Range

WINNIPEG, Manitoba--Although canola futures on the International Exchange have lost a fair bit of value over the last several weeks, there is a case to be made that the Canadian oilseed is rangebound....

Hedge funds rebuild oil position after OPEC+ round trip: Kemp

Portfolio investors have rebuilt their position in crude oil after reassurance from Saudi Arabia and its OPEC allies that any planned future increases in production would be contingent on market...

Hedge funds rebuild oil position after OPEC+ round trip: Kemp

Portfolio investors have rebuilt their position in crude oil after reassurance from Saudi Arabia and its OPEC allies that any planned future increases in production would be contingent on market...

Commodities Overview: Agricultural commodities struggle

Every week, the commodities overview reviews the latest news from the commodities markets, so you can better understand the variations in the prices of energy, metals and agricultural 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. ...