Commodities

Insect wreaks havoc on Tunisia's crucial prickly pear industry

A tiny insect is ravaging Tunisia's prickly pears, a critical source of revenue for the North African country's agriculture sector and economy. Our biggest fear, which has caused me...

Bearish Mood Ahead for Grain, Oilseeds; Softs Remain Volatile

A roundup of key agricultural commodity markets for the week of July 22-26 by Dow Jones Newswires in Barcelona. By Giulia Petroni GRAINS & OILSEEDS: The macroeconomic environment looks...

Oil market likely to be in surplus next year, Morgan Stanley says

The crude oil market is currently tight but next year will likely be in surplus, with Brent prices declining into the mid-to-high $70s range, Morgan Stanley said. The tightness will...

Rising cooling demand to keep coal plants online this year, IEA says

Global electricity demand is set to grow at its fastest pace in nearly 20 years this year, spurred by increasing demand for air conditioning as temperatures rise, the International Energy Agency said...

China's commodity import trend driven by prices, not economy: Russell

China's imports of major commodities are often viewed through the prism of the performance of, and outlook for, the world's second-biggest economy. But it's probably more important to...

Does the market finally agree with USDA on US corn yield? -Braun

Grain industry participants in recent years have criticized the U.S. Department of Agriculture’s trendline U.S. corn yields since they have been too high versus final yields for five consecutive...

China's oil sector is weak, with rising crude inventories: Russell

China's crude oil market is unambiguously weak. Not only has the world's biggest importer seen a fall in arrivals in the first half of the year, it has also been boosting the volumes...

Venezuela's rice, corn production rise as buyers loan farmers supplies

More than 300 hectares of verdant corn and rice planted by Roberto Latini in the western Venezuelan state of Portuguesa undulate under a bright sun and blue sky. The growing crops - set...

China's oil sector is weak, with rising crude inventories: Russell

China's crude oil market is unambiguously weak. Not only has the world's biggest importer seen a fall in arrivals in the first half of the year, it has also been boosting the volumes...

Indian farmers rush to plant summer crops as monsoon revives

Indian farmers have accelerated the planting of summer-sown crops, such as paddy, soybean, cotton, and corn, following above-average monsoon rainfall in July that came after a deficit in June,...

Commodities overview: Gold is back in the spotlight

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

Malaysia's July 1-15 palm oil exports rise 75.6% -AmSpec Agri

Exports of Malaysian palm oil products for July 1-15 rose 75.6% to 791,020 metric tons from 450,513 tons shipped during June 1-15, according to independent inspection company AmSpec Agri Malaysia on...

After another boom and bust, where next for lithium? Andy Home

Lithium boom has turned to lithium bust over the last two years as a wave of new supply overwhelms weaker-than-expected demand for electric vehicle batteries. The CME contract for...

ICE Review : Canola Lower, Can't Hold Gains After USDA Report

WINNIPEG, Manitoba--Intercontinental Exchange canola futures couldn't hang on to gains following the release of the July supply and demand report from the U.S. Agriculture Department. The USDA...

Oil trades in narrow range since 2022 on OPEC+, sanctions and demand worries

Brent crude oil has been trading in a tight range of $75-$90 a barrel since late 2022 as OPEC+ cuts keep a floor under prices while sizeable spare capacity, demand uncertainty and sanctions policy...

Oil rises on cooling US inflation, strong summer demand

Oil prices rose in early Asian trading hours on Friday as signs of strong summer demand and easing inflationary pressures in the world's biggest oil market, the United States, bolstered investor...

Ideas to ponder before USDA's supply and demand data -Braun

Market participants expect a relatively mundane update from the U.S. Department of Agriculture on Friday, though surprises can never be ruled out, especially at this time of year. Ample...

IEA SAYS SUBPAR ECONOMIC GROWTH, GREATER EFFICIENCIES AND VEHICL…

IEA SAYS SUBPAR ECONOMIC GROWTH, GREATER EFFICIENCIES AND VEHICLE ELECTRIFICATION TO HIT DEMAND IN 2024, 2025 ...

Europe's gas glut is gradually eroding: Kemp

Europe’s gas storage is filling more slowly than normal this summer, which has reduced the probability space will run out before the onset of the main winter heating season. ...