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Commodity prices


Tariffs on imported wheat and beef, as well as fuel and cement, have been removed or reduced over the next four months in an effort to stabilize consumer prices, the Yuan executive said on Tuesday. From yesterday to March 31, tariffs of 6.5% on wheat imports were removed, while tariffs on imported beef were halved …

NEW DELHI: With the introduction of standards for exchange-traded funds (ETFs) on silver, investors will be able to invest in silver in a more liquid way and help diversify the portfolio, experts said on Sunday. The Securities and Exchange Board of India (Sebi) has set operating standards for silver ETFs, according to which such a …

An oil tanker queues in the ocean outside the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease pandemic (COVID-19), in Los Angeles, California, United States, April 7, 2021. REUTERS / Lucy Nicholson / File Photo Register now for FREE and unlimited access to reuters.com Register now New variant of COVID-19 detected …

CHICAGO, Nov. 24 (Reuters) – Chicago Mercantile Exchange (CME) live cattle futures rose for a sixth straight session on Wednesday, and the first-month contract hit its highest level in four and a half years, in a rising spot price market and strong demand for beef. Most contracts posted contract life highs, extending a multi-session rally, …

ASX climbed higher on improving commodity prices, with Fortescue outperforming among the top 200 stocks. The Australian stock market surged higher, iron ore inventories soared after soaring prices for steel raw materials, as well as base metals and petroleum. The benchmark S & P / ASX200 rose 0.78% to 7,410.6, while the All Ordinaries index …

In an article published last week by the Federal Reserve Bank of Minneapolis, “Even with severe droughts and supply chain problems, farms remain financially healthy“A year after the start of a fragile recovery in agriculture, driven as much by government support as by market conditions, a widespread and severe drought could be a major setback. …

Actions of Targa Resources Corp. TRGP has shown no significant changes since the release of third quarter 2021 results on November 4. Despite the increase in TRGP’s Adjusted EBITDA forecast for 2021 due to excellent business performance and its plan to maximize returns on capital for its shareholders by increasing dividends and share buybacks, the …

The offices of the London Stock Exchange Group can be seen in the City of London, Great Britain on December 29, 2017. REUTERS / Toby Melville / File Photo Playtech jumps on JKO Play takeover offer Royal Mail wins on strong HY results Oil and metals at their lowest for more than a month FTSE …

The recovery of the national economy following the onslaught of the pandemic, in a context of abundant financial liquidity and a highly evolving fiscal policy in the large developing countries, has encouraged the rise in commodity prices. In the current context, where the economic recovery is symmetrical with increasing inflationary pressures, a question that comes …

The Australian stock market is expected to open higher amid rising iron ore and copper prices, and Wall Street has regained some of this week’s losses. Key points: The Dow Jones Index fell 0.4% to 35,944, the S&P 500 gained 0.14% to 4,653 and the Nasdaq Composite added 0.6% to 15,720 The FTSE 100 in …

Ex-factory prices in China rose at their fastest pace in 26 years in October, as fuel shortages and rising raw material prices slowed supply, official data showed on Wednesday. The producer price index rose 13.5% from October 2020, above the 12.4% forecast by analysts polled by Reuters. The jump was the highest since 1995. Last …

By Mary de Wet Hardwoods Distribution Inc. said the outlook for the US residential construction market remains positive. On the outlook: HDI, which is one of North America’s largest suppliers of specialty building products, said it expects demand and selling prices for its products to remain strong for the remainder of 2021 and through. ‘in …

After being constrained by a weak market and lack of investor interest, the energy acquisition and disposal market appears to be recovering along with commodity prices. “The market is getting sparkling now,” said Thad Toups, president of Haas Petroleum Engineering Services. Speaking during the monthly Oilfield Strong webinar presented by OTA Environmental Solutions, Toups said …

Major oil producers on Thursday refused to speed up plans to gradually increase oil production each month, increasing the potential for the United States to take advantage of commodity prices, which are trading near multi-year highs. Time will tell if oil prices continue to rise and “whether or not the improvement in the economy will …

Opec + is due to meet on Thursday amid calls for the producer alliance to help bring down oil prices which have reached multi-year highs. The meeting comes at a time when global supply is tight as demand increases as developed economies rebound faster than expected from the coronavirus-induced slowdown. The Saudi-Russian-led OPEC + may …

SINGAPORE, Nov 2 (Reuters) – Australia’s central bank left its key rate at a record low of 0.1% on Tuesday, but abandoned both its pledge to keep bond yields low and its projection of no increase interest rates until 2024. MARKET REACTION: The three-year bond yields that the Reserve Bank of Australia (RBA) had targeted …

With temperatures having dropped enough for the heaters to turn on, natural gas customers can expect their bills to rise this heating season. National Fuel has alerted customers in western New York State to anticipate higher bills as natural gas prices have risen dramatically after “years of historic lows.” Customers could also see an increase …

Rising fuel and metal prices expose importers at a time when slow progress on COVID-19 vaccinations threatens to derail economic recovery and looming rate hikes in the United States highlight external vulnerabilities . Most emerging countries in Europe, Asia and Latin America are suffering from rising fuel prices. Turkey, India and Egypt are particularly vulnerable …

The discussion of inflation continues to dominate, with some in the market calling on the Reserve Bank of Australia to change interest rates two years ahead of schedule. It will likely be a bearish day for ASX today, with index futures suggesting a 40 point drop. Stock indexes were generally weaker overall yesterday, with the …

China thermal coal prices drop 7% NDRC says it will survey coal and energy index providers NDRC urges coal companies to strictly adhere to their contractual obligations BEIJING, Oct. 25 (Reuters) – China on Monday said it would investigate suppliers of energy price indexes as it urged coal industry players to “strictly” adhere to their …

Shortages in the supply chains that US businesses depend on translate into widespread inflationary pressure, a series of US companies revealed this week, disrupting operations and forcing them to raise prices for their customers. Whirlpool blamed “supply chain inefficiencies” on Friday for “quite steep” increases in the prices of steel, resin and other materials, saying …

Text size A scene at the New York Stock Exchange. NYSE Rising business costs have recently made markets nervous. But the current earnings season has shown that, overall, companies are still very profitable. Companies have indicated that the higher costs are a valid concern, and the data backs it up. Some companies – 3M (ticker: …

On Wednesday, the Federal Reserve released its October 2021 Beige Book update, a summary of comments on current economic conditions by the Federal Reserve District. The report included several observations regarding the American agricultural economy. Chart of Fed Districts from “The Beige Book”. * Sixth District – Atlanta– “Agricultural conditions have remained mixed. Widespread rain …

China’s commodity markets collapsed, driven by a sharp drop in thermal coal prices, after the state planner said he was looking for ways to intervene to cool record fuel prices. Falling coal prices and increasing supply could dampen output inflation at China’s factories, which hit record levels in September due to an electricity crisis and …

Jonathan Barratt, chief investment officer (CIO) at Probis Securities, said on Tuesday that metal prices could rise another 10%. Shares of metallurgical companies soared on October 18 amid rising global base metal prices, which was a boon for these companies. A rise in metal prices will push up the achievements and, in turn, improve the …

Commodity prices could hit new highs this year. This is the sentiment expressed in the latest ANZ Research Agri-Focus report, which indicates that rising global food prices bode well for New Zealand’s export returns. With the supply of many products relatively limited and the continued strong demand for food, ANZ was forecasting average farm yields …

The price of gold today at MCX (Multi Commodity Exchange) has fallen by about ??47 300 per 10 g after test ??48,000 levels yesterday. According to commodity market experts, this decline in the yellow metal is caused by the recognition of profits, as the general sentiment for the precious metal is still positive. They said …

Chinese coal futures are on track for their biggest weekly rise on record, the latest sign of a worsening energy crisis that threatens to increase pressure on the country’s real estate developers as they are struggling with impending debt payments. Thermal coal futures traded on the Zhengzhou Commodity Exchange rose more than 5% on Friday …

The return to schools and offices boosted social spending in the UK in September, according to card transaction data which provides the strongest signs of normalization in spending habits since the start of the pandemic. Entertainment spending rose 28% last month compared to the same period in 2019, Barclaycard data showed on Tuesday. This is …

Chart: Global exchange rates U.S. Equity Futures Cut Losses, Nikkei Helped By Weaker Yen Oil drives energy complex up and fuels inflation risk The dollar hits its highest level against the yen since late 2018 LONDON, Oct. 11 (Reuters) – Stagflation nervousness dampened global equity growth on Monday, as big central banks’ tighter monetary policy …

The shutdown of telecommunications networks in the first four weeks of September covered the whole of Zamfara state in order to control the activities of the bandits who had held the state ransom for many years. Before the shutdown, Governor Bello Mohammed Matawalle had adopted and signed a decree as part of the strict measures …

Sellers blame shortage of supply for rising prices Retail prices for basic necessities have spiraled out of control in the capital’s kitchen markets, even though the Covid-19 lockdown is not in effect, causing suffering for low and middle income people. Onion and broiler chicken became more expensive compared to last week, with sellers blaming lower …

Oct. 7 (Reuters) – Dallas Cowboys owner Jerry Jones, Comstock Resources (CRK.N) on Thursday agreed to sell his assets in the Bakken Basin, North Dakota, to Northern Oil and Gas for $ 154 million of dollars, in order to strengthen its capital. Oil and gas companies have sought to sell assets to profit from rising …

Stocks on Wall Street rebounded after a massive selloff Wednesday morning as Republicans appeared to offer a route, albeit a temporary one, to end the deadlock over the US debt ceiling in Congress. Mitch McConnell, Senate Minority Leader, said in a statement Wednesday that his Republican Party would support an emergency extension of the federal …

Burger King’s Impossible Nuggets Burger King Burger King will test Impossible Foods’ meatless nuggets in multiple markets, making it the first fast food chain to offer the company’s new chicken alternative. Starting Monday, customers in Des Moines, Iowa, Boston and Miami will be able to try the herbal Impossible Nuggets. Restaurant Brands International first worked …

Cotton futures have been trading at their highest price in about a decade, with rising Chinese demand being met in part by increased US exports to China, a curiosity of the era’s trade war policies. Trump. The most active US cotton futures on the Intercontinental Exchange ICE 2.95% closed Tuesday up 3.8% at $ 1.09 …

A forklift unloads shipping containers from trucks at a storage facility near Sydney Airport in Australia on November 30, 2017. Photo taken November 30, 2017. REUTERS / David Gray / Files SYDNEY, Oct. 5 (Reuters) – Australia’s trade surplus unexpectedly hit a record high in August as strong liquefied natural gas and coal exports more …

US Treasury yields started the first full trading week in October slightly higher. The benchmark 10-year Treasury bill yield rose less than a basis point, reaching 1.469% at 3:45 am ET. The yield on 30-year Treasuries also climbed less than a basis point to 2.046%. Yields move in the opposite direction of prices and 1 …

The energy sector defied a decline in September, offering investors opportunities to boost their portfolios with ETFs such as the Invesco DB Energy Fund (DBE). “The energy sector jumped 9.3% in September, representing the best monthly return since gaining 21.5% in February, according to FactSet data, but what was also notable were the gains industry …

The price of gold yesterday plunged 0.05% on the Multi Commodity Exchange (MCX). The December 2021 MCX gold futures contract closed at ??46,500 per 10 g, ??21 below its closing price on Thursday. The price of the yellow metal in September corrected about 4 percent while in August it fell about 2.1 percent on the …

Royal Dutch Shell operates a plant in Qatar, known as Pearl GTL, which transforms natural gas into liquid fuels. Stuart W. Conway / Shell International Limited Text size Natural gas has long been the poor cousin of oil, a commodity many ignore until they have to pay their heating bills. From now on, natural gas …

Prospects of rising commodity prices, volatile energy markets and unreliable supply chains portend a tough turn for Canadian carmakers in the future, warned commodities expert Francisco Blanch, warned delegates tuned in to the recently held CanaData virtual conference. Blanch, head of global commodities at Bank of America Merrill Lynch, was introduced and interviewed by ConstructConnect …

October 2, 2021 TIT WORLD slot car racing championships are a microcosm of chaos. Tiny models of remote control cars ascend, descend and exit a complicated circuit faster than bewildered spectators can follow. It is impossible to predict the winners. This year’s race, which was scheduled to take place in America, has been canceled due …

S Terling continues to trade at its lowest level since December after stagflation fears triggered by the recent surge in energy prices helped accelerate the flight to the US dollar. The pound is now at 1.34 against the greenback, with the US currency increasingly seen as a safe haven for investors worried about recent economic …

After years in the niche, commodity markets are very hot again. The copper, lithium, tin, nickel, iron-ore, prices for manganese, corn, coffee and lumber have all reached historic highs. Meanwhile, those of aluminum, molybdenum, petroleum, natural gas and even the world’s least popular commodity, coal, are trading at multi-year highs. Commodity markets tend to be …

By Dave Sébastien Worthington Industries Inc. increased sales for the three months ended Aug. 31 as it recorded higher average direct selling prices in steel processing. On sale: “Net sales for the first quarter of fiscal 2022 were $ 1.1 billion compared to $ 702.9 million, an increase of 58% over the comparable quarter of …

US stocks fell on Tuesday, posting their biggest pullback since May, as rising bond yields deepened the rout in tech company stocks. For much of the past decade, many investors have invested in stocks of fast-growing technology companies, betting they would generate relatively robust earnings growth, even in a sluggish economic environment. This week, this …

(Add analyst comment, update prices, add LONDON date) LONDON, Sept.28 (Reuters) – Copper prices fell on Tuesday amid a stronger dollar and concerns about the impact of power cuts on major metal consumers in China, where the economy is s ‘is already weakened. Three-month copper on the London Metal Exchange fell 0.9% to $ 9,274 …

Climate change policy and energy transition continued to dominate the attention of the energy sector and policymakers as we entered the final days of the third quarter of 2021. At the regulatory level, the pause on federal leasing Oil and gas continued to be a problem even after federal district court ordered it to end. …

Band Clyde Russell LAUNCESTON, Australia, September 27 (Reuters) – As coal transported by sea in Asia is trading at or near record highs, there are early signs of demand destruction, especially among price-sensitive buyers such as India. While the global volumes of marine coal have tended to increase in recent months, the market is increasingly …

The S&P 500 Index has a stingy return of just 1.3%. But it’s a mix of companies, with stocks not offering return-offsetting stocks that have fairly attractive returns. Here are five of the top dividend-paying companies in this benchmark for investing. 1. Stuck in the middle Kinder Morgan (NYSE: KMI) is one of the largest …

Sugar and cooking oil were sold by retailers at rates higher than the rates set by the government Food prices have left people panting in recent weeks as most staples, including vegetables, eggs and chicken, became more expensive this week despite adequate supplies. Eggs per dozen were sold at 115-120 Tk, while broiler chicken was …

A worker wearing a protective mask removes roast chicken from skewers inside a Costco store in San Francisco, Calif., Wednesday, March 3, 2021. David Paul Morris | Bloomberg | Getty Images Shipping bottlenecks that have resulted in increased shipping costs are creating a headache for U.S. retailers. Costco this week joined the long list of …

Updates from the GFG Alliance Sign up for myFT Daily Digest to be the first to hear about GFG Alliance news. Sanjeev Gupta’s timeline for refinancing $ 5 billion in borrowings from collapsed financial firm Greensill Capital has shrunk dramatically as cooling commodities markets threaten his battle to preserve his sprawling metal conglomerate. Gupta’s GFG …

Adobe Stock Here’s a quick look at news and thoughts on particular commodity markets, including global copper production, soaring natural gas prices, and more. MetalMiner, one of our sister sites, is scouring the landscape for what matters. This week: World copper production increases 4.9% Global copper mining production rose 4.9% in the first half of …

“This is definitely something that doesn’t bode well for consumers, because if we have a cold winter and don’t have a lot of gas in stock to rely on, it could be a concern,” Dulles said. Wang, analyst and director of the Wood Mackenzie Canadian gas research team, in an interview. “We expect to see …

Stacks of lumber for sale at a home improvement center in Chicago, Illinois. Demand for wood will continue to increase, analysts say. Scott Olson / Getty Images Text size Lumber has been particularly volatile over the past three months, but demand and prices for the raw material are poised for a long-term rise as the …

Pedestrians exit and enter the London Stock Exchange in London, Britain August 15, 2017. REUTERS / Neil Hall / File Photo Entain jumps to all-time high on DraftKings buyout proposal Oxford BioMedica benefits from an investment from the Serum Institute of India Soap maker PZ Cussons drops as first quarter revenue falls FTSE 100 up …

Crude oil storage tanks are seen in an aerial photograph at the Cushing Oil Hub in Cushing, Oklahoma, USA, April 21, 2020. REUTERS / Drone Base / File Photo Russia says global oil demand may not return to 2019 levels OPEC + struggles to pump more oil to meet growing demand API shows declining crude …

* European equities, US futures up 1% * Oil ends the days of losses * Key central bank meetings this week in the US, Britain and Japan LONDON, Sept.21 (Reuters) – Global equities stabilized on Tuesday and commodity prices rallied from the previous day’s massive sales as investors grew convinced that the Chinese developer’s distress …

Strong points Seek DOE action, suspend pending permissions LNG group warns against selection of winners by DOE Taking advantage of the rise in natural gas prices in the United States expected this winter, a group of industrialists is pleading with the Department of Energy to limit LNG exports and suspend certain pending export project authorizations. …

Newsletter: Europe Express Your essential guide to what matters in Europe today. Delivered every day of the week. Soaring energy prices will drive inflation up across Europe this year, hurting consumers and threatening the region’s post-pandemic economic recovery, economists warn. European gas benchmark prices have already tripled this year, even before winter demand peaks. Norway’s …

Even as flagship indices hit record highs, Taher Badshah, Director of Investments – Equities, Invesco Asset Management, says it is an investment market for investors with a good investment horizon, at provided they keep their performance expectations under control. He believes that the continued rise in commodity prices is a greater risk to Indian markets …

(Added strategist comments, market details, price update) * The Canadian dollar weakens 0.5% against the greenback * Hit its lowest level since August 23 at 1.2762 * The price of US oil is 0.9% lower; copper drops 0.7% * Canadian 10-year yield hits 2-month high of 1.300% By Fergal Smith TORONTO, Sept. 17 (Reuters) – …

A worker walks at the Yara ammonia plant in Porsgrunn, Norway on August 9, 2017. Photo taken on August 9, 2017. REUTERS / Lefteris Karagiannopoulos / File Photo OSLO, Sept. 17 (Reuters) – Norwegian company Yara (YAR.OL) is cutting ammonia production at several factories due to soaring natural gas prices, the fertilizer maker said on …

Canada’s main stock market, the resource-rich Toronto Stock Exchange, continues to move largely in line with commodity prices, losing more than 90 points and falling back to near the 20,600 level on Thursday – 300 points below all-time highs intraday earlier this month – with oil little changed and gold falling. Reflecting the decline in …

Round bales of straw drying on the ground are seen in front of the power plant operated by RWE AG near Rommerskirchen, Germany on August 10, 2021. The cost of natural gas and electricity has increased across Europe. Ying Tang | NurPhoto | Getty Images LONDON – Electricity prices in Europe have hit multi-year highs …

Commodities, and base metals in particular, closed last week on a strong note, ignoring the weaker-than-expected Chinese PMI. A weaker US dollar provided support, as did the dovish comments from the Fed’s Jackson Hole meeting. In a virtual speech at the Fed’s annual symposium in Jackson Hole in Kansas City, Federal Reserve Chairman Jerome Powell …

Tyson Foods dismissed comments from the Agriculture Secretary and National Economic Council director on the meat processing industry during a White House press briefing on Wednesday. The Biden administration has said it will take action against what it calls a “concentration” in the meat processing industry. “Four big conglomerates overwhelmingly control meat supply chains, lowering …

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ISLAMABAD – The inflation rate held steady at 8.4 percent in August despite rising food prices. Inflation as measured by the Consumer Price Index (CPI) was recorded at 8.4 percent in August this year, according to the latest data from the Pakistan Bureau of Statistics (PBS). The inflation rate was the same at 8.4 percent …

Commerce Secretary Warns Against Storing Goods To Make Extra Profits Secretary of Commerce Tapan Kanti Ghosh said on Wednesday that strict action would be taken against deceptive traders if they tried to source goods for additional profit. Rising prices of basic necessities in the international market have had an impact on the Bangladeshi market, although …

US stocks rose sharply today to help recover from the steep losses recorded in the extremely volatile trading environment of the past week. The S&P 500 blue chip jumped 0.95% to 4,483.95 points, while the Dow Jones climbed 0.72% to 35,372.11 points. The tech-rich Nasdaq was on track to hit another record, jumping 1.59% to …

Despite the challenges of COVID-19 and inclement weather, rising commodity prices and government support ultimately reversed the trend of the year-over-year increase in Chapter 12 bankruptcies. The American Farm Bureau looked at U.S. court data from June 2020 through June 2021 and found that there were 438 Chapter 12 bankruptcy filings, down 24%. The number …

With thousands of people claiming Kabul airport from others fearing the new rulers without being able to leave the country, the Afghan capital has also seen a massive surge in commodity prices and the suspension of banking services since the Taliban have taken control. As chaos tightened its grip on the war-torn country since the …

Sun Aug 22, 2021 12:00 AM Some traders said wholesalers and importers raised the price of edible oil as demand increased after the lockdown ended. Rajib raihan “> Some traders said wholesalers and importers raised the price of edible oil as demand increased after the lockdown ended. Rajib raihan Essential commodities such as edible oil, …

Commodity prices hitting 10-year highs are good if you are a producer, but they matter even if you invest elsewhere. The most recent earnings season in the United States has been exceptional, even compared to the previous record quarter. MSCI World Q2 earnings per share were up 6.4% quarter-on-quarter and Nasdaq 100 EPS was up …

CFOs settle for less as they strive to reduce the impact of rising costs and supply disruptions on their businesses. Firms in various industries face inflationary pressures caused by factors such as rising commodity prices, supply chain failures, and high demand for shipping capacity. Many of them respond by raising prices, but often this is …

Hindalco, the leading non-ferrous metals company, exceeded expectations with its June quarter (Q1FY22) results. At the consolidated level, he declared Ebitda (earnings before interest, taxes, depreciation and amortization) of Rs 6,790 crore, up 16% quarter-on-quarter (QoQ) and up 188% year-on-year (YoY). Consolidated profit after tax (PAT) was Rs 2,787 crore, up 493% year-on-year and 45% …

By Mary de Wet Summit Midstream Partners LP said on Friday that its natural gas volumes increased in the second quarter and that it sees signs of increased customer activity heading into next year. In the second trimester: Summit Midstream averaged 1,441 MMcf per day of natural gas flow during the three months ended June …