Analysis: Commodities

China's transition hampered by flat-lining energy intensity: Kemp

China's economy has become much less energy intensive over the last 40 years as its industries have modernised and the economy has shifted towards more service sector output. But energy...

ICE Canada Morning Comment : Canola Building Upward Momentum

WINNIPEG, Manitoba--Intercontinental Exchange canola futures shed overnight losses Friday morning, turning higher with support from other vegetable oils. As modest increases in global crude oil...

INSG's latest forecasts cold comfort for nickel producers: Andy Home

Nickel has rallied hard this month, clawing back some of the territory lost during its relentless price slide over the course of 2023. London Metal Exchange three-month nickel touched...

Copper: BHP wants to acquire Anglo American

Anglo American has confirmed that it has received a takeover offer from the BHP group, a deal that would create the world's largest copper mining company, accounting for around 10% of global...

Citigroup Offers Bearish Take on Crude, Sees Easing of Geopolitical Risks -- OPIS

Citigroup analysts on Thursday called Brent crude's brief trip this month above $90/bbl a bullish knee-jerk price action. The price jump, which was fueled by concerns over a potential widening of...

China's strong iron ore imports diverge from weak steel output: Russell

China's first quarter imports of iron ore and its domestic production of the steel raw material both rose strongly, but output of crude steel fell. This divergence sets up a dilemma that...

USDA confirms cow-to-cow transmission a factor in bird flu spread

The U.S. Department of Agriculture said this week that cow-to-cow transmission is a factor in the spread of bird flu in dairy herds, but it still does not know exactly how the virus is being moved...

ICE Review : Canola Ends Up as Soy Provides Support

WINNIPEG, Manitoba--The ICE Futures canola market traded to both sides of unchanged on Friday, holding onto small gains at the final bell. Advances in the Chicago soy complex provided spillover...

Ample oil supplies limit impact of MidEast flare-up on prices

Plentiful supplies of some of the biggest crude grades are limiting the impact on benchmark oil futures prices of conflict in the Middle East, according to analysts and traders. Brent...

Metals: The tug-of-war continues between China and America

A new episode in the trade war between the United States and China was launched on Thursday. US President Joe Biden will shortly announce a sharp increase in tariffs on Chinese metal products. The...

Silver aims for $30/oz milestone

Silver may have the power to reach the $30 per ounce milestone after its 26% surge in March-April on the back of gold's record run and copper's strength, even though analysts say the metal is ripe for...

Brazil's over-performing soy crop may keep padding global stocks -Braun

Last year, Brazil raised a soybean crop exceeding 160 million metric tons, nearly doubling the decade-ago levels as the top exporter expanded production to meet rising global demand. ...

Funds buy back into copper's super-cycle credentials: Andy home

The commodities super cycle is back with a vengeance if copper's performance since the start of the month is anything to go by. London Metal Exchange three-month copper touched...

Artemis identifies gold and copper targets at West Pilbara

Artemis Resources Ltd - Western Australia-focused gold, copper and lithium explorer - Identifies gold and copper targets in West Pilbara, Australia, with multiple prospects identified across the...

Record exports deplete US propane stocks and support prices: Kemp

U.S. propane inventories and prices are increasingly determined by the state of industrial demand in North East Asia and trade relations with China rather than weather and consumption at home. ...

Commodities Overview: Industrial metals take a break from bullishness

The prices of most non-ferrous metals lost ground on Tuesday, under pressure from a firmer US dollar and disappointing data from China, the world's leading metals consumer. This was a reversal of the...

Concern grows for Argentina's soy harvest due to heavy rains

Prolonged rainfall over Argentina's farming heartland has fueled fears of delays to the ongoing soybean harvest that could cause production losses, the Rosario grains exchange said on Monday. ...

Oil funds were bullish even before Iran launched missiles: Kemp

Investors were becoming progressively more bullish towards crude oil and refined petroleum products even before Iran launched an unprecedented wave of missiles and drones towards Israel. ...

Oil seen opening up after Iran's attack on Israel, but further gains may depend on response

Oil prices are expected to rise on Monday after Iran's attack on Israel over the weekend, analysts said on Sunday, but further gains may depend on how Israel and the West choose to retaliate. ...