Commodity Prices

Resource stocks dragged ASX lower, but a new entrant to the sector made a dramatic start as its share price more than tripled. The Australian stock market ended a two-day winning streak as falling commodity prices hit resource stocks, but a graphite game made a stunning debut as its stock …

Wheat prices topped $ 8 a bushel for the first time in nearly nine years, as demand for the commodity increases and supplies are expected to end the 2021-22 marketing year at their lowest level in more than a decade. . “Global demand remains robust at near record levels, with …

The dollar suffered a three-day loss against its major peers and traded near a one-month low against the yen on Wednesday, with eagerly awaited U.S. inflation data that could guide the timing of the dollar. ‘an increase in interest rates from the Federal Reserve. The dollar index, which measures the …

Workers drive loaders unloading imported coal at a port in Lianyungang, Jiangsu province, China, December 5, 2019. REUTERS / Stringer LAUNCESTON, Australia, Nov. 8 (Reuters) – China’s imports of major commodities in October showed the extent of the world’s second-largest economy struggles with energy shortages. Imports of natural gas and …

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

By Michael Dabaie Koppers Holdings Inc. said each of its business segments were impacted throughout the third quarter, to varying degrees, by higher input costs, availability of raw materials and higher transportation costs. resulting from inefficiencies in the global supply chain and a tight labor market. On the results: The …

Oreo cookies, Ritz crackers and Sour Patch Kids will be more expensive in 2022, Mondelez CEO Dirk Van de Put told CNBC on Tuesday. “At the moment, we plan to start 2022 with a 7% price increase in the United States,” he said on CNBC’s “Closing Bell”. Van de Put …

GH Scott You probably noticed in your last monthly bill that Las Cruces Utilities is proactive in informing its customers that natural gas prices are increasing around the world, and therefore your monthly winter bill will too. It is now official since the Energy Information Administration of the United States …

Text size Steel sheet rolls. Allison Farrand / Bloomberg American steel stocks were skyrocketing after hours of trading after the company not only crushed third-quarter earnings expectations, but also raised its dividend. Stocks rose more than 6% in after-hours trading after rising 0.3% in regular trading on Thursday. The S&P …

Robinhood, the brokerage at the center of an equity trading mania, said its cryptocurrency trading activity fell 78% in the third quarter as it offered a disappointing outlook for the year. The brokerage said the decline in crypto activity – a key revenue driver for the broker – has resulted …

i3 Energy PLC announced an increase in production in the third quarter compared to previous quarters. Here’s what the oil and gas company had to say: Manufacturing : “Production in Q3 2021 from pre-acquisition assets of Cenovus, based on estimated net sales in the field, averaged 9,975 bpd (compared to …

Bloomberg writers Kim Chipman and Elizabeth Elkin reported late last week that “Soaring fertilizer prices could lead to Falling US Corn Profits about A quarter next year, potentially motivating farmers to gap millions of acres less expensive soy. “Fertilizer Price Shock Threatens to Squeeze Corn Profits in the United States,” …

Shortages in the supply chains that U.S. businesses depend on translate into widespread inflationary pressure, a series of U.S. 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” price increases for steel, resin and …

There are different levels in the oil industry that investors should pay special attention to. This is truer today than it has been for many years. If you are looking at oil stocks right now as the price of this energy commodity has skyrocketed, make sure you are entering the …

A loader is seen amid a pile of coal at a port in Lianyungang, Jiangsu province, China, January 25, 2018. REUTERS / Stringer LAUNCESTON, Australia, October 21 (Reuters) – China’s latest attempt to lower commodity prices, this time for thermal coal, is expected to follow a familiar pattern of initial …

Rrepeat to widen distribution without changing text October 20 (Reuters) – Australian electricity retailer and gas producer Origin Energy ORG.AX said on Wednesday that high commodity prices are expected to offset lower profits from its activity in energy markets. Oil and natural gas prices have skyrocketed globally as activity recovers …

Wall Street was bullish last week, with the S&P 500 posting the biggest weekly gain since July as stocks rallied in earnings. The Dow Jones (up 1.58%) and the Nasdaq (up 2.18%) were also notable gainers last week. Oil prices rebounded last week, with LP United States Petroleum Fund USO …

KARACHI: The recent surge in petroleum product prices and electricity tariffs is not expected to hurt economic growth in the current fiscal year, despite the fact that the price hike will immediately raise the inflation rate by about a percentage point. “Strong inflows of workers’ remittances, growth in export earnings, …

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 experts in the commodities market, this decline in the yellow metal is caused by the recognition of profits, as the general sentiment for the …

Exports + 47.6% y / y, vs + 51.6% in survey Imports + 40.3% y / y, vs + 50% in survey Surplus of $ 4.37 billion is higher than $ 3.84 billion seen in survey Trade surplus reaffirms cenbank’s desire to maintain interest rates JAKARTA, Oct. 15 (Reuters) – …

… Deploys warehouses across the country By Emma Ujah, Abuja office manager The Nigerian Commodity Exchange (NCX) engaged various stakeholders in the national agri-food sector, with the aim of bringing down soaring food prices across the country. NCX spokesperson Chris Echikwu said the decision to synergize with relevant agencies to …

The protracted rise in oil prices leaves out other industrial commodities, a divergence that reflects bets that energy supply shortages will offset any slowdown in the global economy. US crude rose more than 2% Monday morning to reach a seven-year high of $ 81.50 a barrel, bringing its rise since …

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 …

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 …

PARIS, Oct. 7 (Reuters) – Global food prices rose for the second consecutive month in September to reach a 10-year high, driven by gains in grains and vegetable oils, the United Nations agency said on Thursday. food. The Rome-based Food and Agriculture Organization (FAO) also forecast record world cereal production …

Stock futures opened a little higher on Wednesday after a choppy trading session, with investors closely monitoring developments in Congress as lawmakers rushed to reach a deal to avoid a government default. here the middle of the month. During the regular trading day, the top three stock averages had escaped …

Dana Gas, one of the region’s largest private sector natural gas companies, said its payments from operations in Egypt and the Iraqi Kurdistan region have increased by more than 100% in the first nine months of the year. Collections jumped to $ 256 million for nine months through September, from …

Antero Resources CorporationAR shares have jumped 44.5% in the past three months from the industry’s 11.4% gain. The stock benefited from a steady recovery in natural gas and oil prices. It primarily produces natural gas in the Appalachian Basin and is one of the fastest growing producers in the United …

China has started offloading a small number of Australian coal shipments despite an unofficial import ban, analysts said, highlighting the intensity of the energy crisis facing the world’s second-largest economy. Nick Ristic, senior dry cargo analyst at Braemar ACM Shipbroking, said a handful of Australian cargoes waiting outside Chinese ports …

TOKYO (Reuters) – Asian stocks fell on Monday as concerns over China’s real estate sector and inflation concerns offset bullish US data and positive news on new drugs to fight the coronavirus. FILE PHOTO: A man looks at an electrical panel showing the Nikkei Index outside a brokerage house in …

The Reserve Bank last cut the repo rate by 40 basis points in May 2020 to 4% to boost demand in the COVID-hit economy. Since then, the RBI has refrained from taking action on interest rates. The RBI governor, who heads the six-member Monetary Policy Committee (MPC), is due to …

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 …

More and more drilling rigs continue to be put back to work as still high commodity prices start to spur more activity. Oil services firm Baker Hughes and data analytics firm Enverus said Friday the number of rigs in the United States rose by seven to 528, 262 more than …

The Federal Reserve’s preferred inflation indicator accelerated in August, keeping the pressure on economic policymakers at a time when many are watching with suspicion that supply chain problems and commodity costs threaten to keep prices going. price increases longer than expected. The personal consumption expenditure index rose 4.3% in the …

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 …

By Jaime Llinares Taboada Echo Energy PLC on Thursday reported a loss for the first half of the year despite significantly higher gas prices during the period. Here’s what the Latin American-focused oil and gas company had to say. About the rates: “High domestic gas prices have supported improved cash …

Inflation in commodity prices, which began to ease in August, is strengthening again. With the continuing problems in the global supply chain, fears of high inflationary pressures resurfaced. Prices of essential items for consumer businesses, such as copra, edible oil, palm oil, crude oil and packaging materials, rose 30% to …

(Bloomberg) – US index futures and European stocks showed signs of recovery after Tuesday’s sell-off as Treasury yields eased. Bloomberg’s Most Read S&P 500 futures rose 0.8% and the Stoxx Europe 600 gauge rebounded from a two-month low. The ten-year Treasury rate lost three basis points. These moves signaled a …

Global organizations and management companies are supporting the shift to clean energy technologies. Electric vehicles are the key to the transition, which means there will be more demand for lithium batteries. Lithium is a metal-based product that has seen its price increase by 323% over the past 12 months. See …

NEW DELHI: Hurt by a stronger dollar and rising US Treasury yields, gold and silver futures fell on Tuesday as investors await more information from Federal Reserve officials on the central bank monetary policy change. The dollar index rose 0.1%, making gold more expensive for holders of other currencies. Overnight, …

Global resin prices have been volatile lately, mainly due to factors related to COVID-19. But historically, volatility is the rule, not the exception. It is embedded in prices, fueled by various factors centered on the prices of raw materials and upstream raw materials, according to MLT Analysis. So why do …

Mining updates Sign up for myFT Daily Digest to be the first to know about mining news. The global mining sector has foregone all of its stock price gains for the year as investors focus on slowing growth in China and chip shortages plaguing the auto industry. The MSCI World …

McCormick (NYSE: MKC) shareholders are in for a busy week. The spice and flavoring giant is announcing its latest results in just a few days in a report that will answer some major questions swirling around the company. Stocks have largely followed the market so far in 2021, although McCormick …

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 …

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 …

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 …

The lumber market has been particularly volatile over the past three months, but demand and prices for the raw material are expected to rise in the long term as a “new normal” emerges, analysts said. Among the major commodity futures contracts, lumber was one of the biggest price winners for …

Sign of the persistence of the congestion crisis in global shipping, there has been 69 container ships waiting to be unloaded outside the ports of Los Angeles and Long Beach on Tuesday afternoon, just short of the record of 73 ships set this weekend. Global supply chain issues can frustrate …

Text size China’s iron ore prices have fallen by more than a third in the past three months. STR / AFP via Getty Images Iron ore prices are falling and Wall Street expects this trend to continue. It’s not great for iron ore miner sales and cash flow. Bank of …

When the price of oil soared to nearly $ 150 a barrel in 2008, he launched a huge controversy over the extent to which “financial speculators” were to blame (here’s a great retrospective). In fact, none other than Gary Gensler – who became chairman of the CFTC, and is now …

The headquarters of the European Central Bank (ECB) is pictured in Frankfurt, Germany July 8, 2020. REUTERS / Ralph Orlowski // File Photo FRANKFURT, Sept. 21 (Reuters) – European Central Bank policymakers still view the recent spike in inflation as temporary, but a growing number appear to recognize the risk …

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 …

Outlook September 20, 2021 4:54 PM IST Nestlé India chief says 2022 will be a tough year due to rising commodity prices perspectivesinde.com 1970-01-01T05: 30: 00 + 0530 New Delhi, September 20 (PTI) Nestlé India chief Suresh Narayanan said Monday that 2022 is likely to be a “difficult year” as …

At the start of the Covid-19 pandemic, photos across the world of empty supermarket shelves were a harbinger of the coming crisis. As the prices of food and many basic commodities skyrocket around the world, a trend that began even before the pandemic, such scenes could become more common in …

Their stocks, however, are trading low amid concerns over the end of the good period for industrial commodities. For investors willing to accept some risk, Big Five miners offer a rich opportunity. All five have single-digit price-to-earnings ratios, among the lowest of any major industrial group in global stock 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 …

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, …

Transportation costs (usually a fraction of the price of a finished product) appear to be another barrier to the supply chain, overwhelming some companies that already pay more for raw materials and labor. Fabric and craft retailer Jo-Ann Stores LLC said it has spent 10 times its historical cost in …

“There’s been a lot of talk about a slowdown in the Mexican energy industry, but I don’t necessarily see it that way. There are many gems to discover in Mexico if you know where to look, ”said Dino Barajas, partner at DLA Piper law firm. “As a potential investor, it’s …

The FOMO factor So what is taken into account in increasing the value of rural land? And is the growth as considerable as it is led to believe? In short, yes, but there are other factors at play. There is no doubt that the growth in land values ​​has been …

(Bloomberg) – Aluminum slipped after hitting its highest level since 2011 on Tuesday as a Chinese industry group warned the metal’s dramatic rally was not supported by market fundamentals and could deter buyers . Supply is not in a noticeable shortfall and consumption is not strong enough to justify such …

Alliance Jens Büttner / photo via Getty Images Lumber prices have yet to hit their lowest point and will drop as much as 30% by the end of the year, according to Micheal Gayed. Gayed is an award-winning portfolio manager for Toroso Investments who has long presented timber as a …

KUALA LUMPUR: FBM KLCI maintained its early lead against a backdrop of growing market recovery and rising commodity prices. At 12:30 pm, the key index was up 7.08 points to 1,560.45, some banking stocks continuing to advance before their results at the end of the week. “We believe the general …

(For a live Reuters blog on the US, UK and EU stock markets, click LIVE / or type LIVE / in a news window) * FTSE 100 up 0.7%, FTSE 250 up 0.5% Aug 23 (Reuters) – London’s FTSE 100 gained on Monday after recording its worst week since February, …

At the end of February, more than 50 people gathered at South Australia’s Curramulka Community Club for the Watters auction, a mundane lot just outside the small town. What happened next stunned not only those in attendance, but farmers across Australia as well and set the tone for a series …

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 …

Updates from Vestas Wind Systems AS Sign up for myFT Daily Digest to be the first to hear about Vestas Wind Systems AS news. Vestas has lowered its full-year profit and revenue forecast, the latest group of wind turbines to downgrade its outlook as the industry is rocked by rising …

* Chile's peso slides as much as 1% * Mexican cenbank expected to hike by 25bps on Thursday * Petrobras hit by falling oil prices, Vale tracks iron ore lower By Susan Mathew Aug 9 (Reuters) - Most Latin American currencies fell on Monday as fears of slowing global growth …

The Food and Agriculture Organization of the United Nations said world food prices fell in July for the second month in a row. The specialized world agency made it known in a press release published on August 5 entitled “World food prices fall in July”. The statement read in part: …

The recovery in raw material prices and the return in volumes contributed to a strong Q2 for Waste Connections, Inc. (TSX / NYSE: WCN). Second-quarter 2021 revenue reached $ 1.534 billion, up 17.5%, or $ 1.306 billion year-over-year (YOY). Solid waste pricing, volume growth and recovery of raw material value …

SHANGHAI (Reuters) – A series of measures taken by Chinese authorities to contain soaring raw material costs has had a fleeting effect, leaving the world’s largest manufacturing base in the face of the harsh reality of commodity costs. significantly higher inputs for the foreseeable future. FILE PHOTO: Containers are seen …

* Mining stocks down 1% * RBA decision on reduction of bond buying stalls * NZ closes flat (Updates to be closed) Aug 3 (Reuters) – Australian stocks fell on Tuesday as mines and energy stocks dragged down as the country’s central bank sticks to its words to cut stimulus …

India’s solar energy tariffs are starting to rebound from record levels last December, boosted by factors such as rising commodity prices and an increase in the cost of imported solar equipment from next year, said two people aware of the problem. Recent auctions have shown that developers take into account …

Raw material updates Sign up for myFT Daily Digest to be the first to know about commodity news. Supply disruptions, drought in China and rebounding demand for electricity have boosted the thermal coal market, making the world’s least-valued commodity one of this year’s best-performing assets. Since the start of the …

A hallmark is struck on a gold ingot at the Gulidov Krasnoyarsk non-ferrous metal factory. Kirill Kukhmar | TASS | Getty Images Gold prices fell on Wednesday as a dynamic dollar and a rebound in US Treasury yields dampened inflows into safe-haven bullion, spurred by fears that the variant of …

LONDON (Reuters) – Risk aversion reigned on Monday as an increase in coronavirus cases around the world lowered bond yields and left stocks facing their longest streak of losses since the pandemic hit the world markets for the first time 18 months ago. FILE PHOTO: The trading floor is seen …

Saudi Energy Minister Prince Abdulaziz bin Salman Al-Saud speaks via video link during a virtual emergency meeting of OPEC and non-OPEC countries at the following the coronavirus epidemic (COVID-19), in Riyadh, Saudi Arabia, on April 9, 2020. Saudi Press Agency | Reuters DUBAI, United Arab Emirates – The Organization of …

The recovery in the oil and gas sector extends to what had been an extremely anemic M&A market. Data analytics firm Enverus, reporting on second-quarter activity, found activity had peaked in two years with 40 transactions totaling $ 33 billion. Seven of those deals were worth more than $ 1 …

China will crack down on hoarding and commodity speculation while ensuring supply and price stability, with the aim of containing the price volatility seen in recent months, the Chinese Ministry of Industry and Technology said. information. “We will coordinate with the relevant departments to ensure the stability of supplies and …

Through PTI NEW DELHI: The rise in the prices of fuel and basic necessities amid the Covid-19 pandemic has hit the finances of the population, with a majority of consumers surveyed predicting a drop in their incomes as well as savings over the course of exercise, according to a survey. …

Lordstown Motors associates work on a pre-production all-electric pickup truck, the Endurance, at the Lordstown Assembly Plant in Lordstown, Ohio, USA on June 21, 2021. REUTERS / Rebecca Cook WASHINGTON, July 14 (Reuters) – Producer prices in the United States rose more than expected in June, suggesting that inflation could …

Steadily rising prices for automotive fuels (gasoline and diesel) have not only fueled inflationary concerns in recent months, but also changed consumer spending patterns. A recent report from the economic wing of the State Bank of India (SBI) suggests that, as consumers spend more on fuel, it crowds out healthcare …

It is impossible to ignore the rapid rise in prices at the gas pump. The economies of the United States and Illinois appear strong, with forecasts for continued growth on both fronts. But not all the news is good. The return of inflation, the scourge of the 1970s and 1980s, …

NEW DELHI: The Finance Ministry said on Friday that rising global commodity prices, especially crude oil and higher logistics costs, pose an upside risk to inflation, although it has sought to take comfort from the monsoons and the openness of the economy to reduce economy pressures. Although the monthly economic …

Breadcrumb Links Local News The state-owned natural gas company posted a net profit of $ 59 million during the pandemic and posted its lowest prices in 20 years Author of the article: Alec Salloum SaskEnergy handled the global oil price collapse and was still able to provide low rates and …

As the global economy picks up, commodity prices are skyrocketing. After dropping to negative numbers last year, a barrel of oil is back above $ 78, its highest price since 2019. Meanwhile, tensions between major oil exporters, including Saudi Arabia and the United Arab Emirates, could see prices rise further. …

The dynamics of the natural gas market are in the sights of the editors of S&P Global Platts this week, as European prices soar due to a variety of factors. In addition, the main trends in emissions, US gas, aluminum and coal. 1. The tightness of LNG, the lack of …

Budweiser’s new CEO needs your beer money to pay off the mortgage. This week, Michel Doukeris replaced longtime CEO Carlos Brito as the head of the world’s largest brewer Anheuser Busch InBev. With improving sales, stock analysts expect internal staff to stick to the company’s existing strategy rather than making …

Due to mixed signals from the US Federal Reserve on interest rates, the price of gold is currently at its 2-month low. However, commodities experts believe this is a good opportunity for gold investors, as growing fear of the Delta variant of Covid-19 in Asia and Europe could support demand …

Euro, Hong Kong dollars, US dollars, Japanese yen, British pounds and 100 Chinese yuan banknotes are seen in this illustration, in Beijing, China on January 21, 2016. REUTERS / Jason Lee / File Photo July 2 (Reuters) – Minutes of the June US Fed and ECB meetings, plus the latest …