Commodities
LATEST NEWS FROM COMMODITIES
Commodities
CK Hutchison wants Chinese firm to join bidding for its $22.8 billion ports business
CK Hutchison said on Monday it wants a major Chinese strategic investor to join the BlackRock-led consortium bidding for its $22.8 billion ports business, after media reported that...
Commodities
China announces plan to boost consumption of agricultural products
China on Sunday announced a plan to promote consumption of agricultural products and "optimise green and high-quality products to meet multi-level consumer needs", its Ministry of ...
Commodities
EU chief von der Leyen heads to Scotland for trade talks with Trump
European Commission President Ursula von der Leyen headed to Scotland on Saturday ahead of a meeting with U.S. President Donald Trump on Sunday afternoon, Commission spokespeople s...
Commodities
Holes in EU Russia sanctions put attention back on Trump oil threat
The European Union's latest effort to restrict Russia's oil revenue is unlikely to hurt Moscow's war effort severely, leaving U.S. President Donald Trump's threat of secondary sanc...
Commodities
China's EV buying subsidies for 2025 end in parts of Xian, local media says
A 2025 government subsidy scheme for electric vehicles and plug-in hybrid purchases ended last month in three districts in the city of Xian, the capital of China's Shaanxi province...
Commodities
Aluminium producer Norsk Hydro trims 2025 spending amid global trade risks
Norwegian aluminium producer Norsk Hydro cut its 2025 capital spending guidance by 1.5 billion crowns ($147.5 million) and froze external white-collar hiring on Tuesday, as input c...
Commodities
OPEC, IEA crude oil demand forecasts may be too cautious
A key difference in crude oil demand forecasts between this year and 2024 is that both OPEC and the International Energy Agency (IEA) are being far more cautious in their growth ex...
Commodities
Asia's LNG imports stay soft in July as Europe draws cargoes
Asia's run of subdued imports of liquefied natural gas (LNG) is set to extend for another month in July, with the top-importing region on track for a tiny increase from June.
Commodities
Exxon vs. Chevron battle sets stage for oil industry's race for prize assets
The high-stakes clash between Exxon Mobil and Chevron over a prized South American oilfield may be a sign of what’s to come in the oil and gas industry as competition for a shrinki...
Commodities
Trump's push for a comeback in coal may turn to ashes
U.S. President Donald Trump has singled out the coal industry as a key driver of U.S. energy dominance, but there are currently no new U.S. coal plants under construction and utili...
Commodities
Canada and New Zealand resolve dairy trade dispute, Canada says
Canada and New Zealand have reached a "mutually satisfactory" resolution to a long-running dispute over access for dairy products, the Canadian government said in a statement on Th...
Commodities
BHP, Lundin JV extends useful life of Argentina copper mine
Vicuña Corp, a joint venture of Australia's BHP and Canada's Lundin Mining , on Thursday said it was extending the useful life of its Josemaria copper, gold and silver project in A...
Commodities
Burgundy Diamonds lays off employees in Canada as diamond prices tank
Australian miner Burgundy Diamond Mines laid off several hundred employees and contractors and suspended operations at its Point Lake diamond mine in Canada due to record-low diamo...
Commodities
Canadian wheat, canola crops a 'mixed bag,' with rain critical
Canadian farmers are likely to produce average-size wheat and canola crops this autumn, but years of drought have made rain critical for the plants to fulfill their potential, farm...
Commodities
China threatens to block Panama ports deal unless its shipping giant gets stake, WSJ reports
China is threatening to block the sale of more than 40 ports, owned by Hong Kong-based CK Hutchison , to BlackRock and Mediterranean Shipping Company (MSC) if Chinese shipping comp...
Commodities
China lithium futures near 3-month high after Zangge announces production halt
Lithium futures in China climbed on Thursday to a nearly three-month high after a production halt at a major lithium producer boosted sentiment for the electric vehicle battery mat...
Commodities
Gas use falls to fresh lows in Europe's main gas trading hub
Gas-fired electricity production has dropped to record lows in the home country of Europe's largest gas-trading hub, dealing a fresh blow to natural gas bulls who eye Europe as a k...
Commodities
Chinese miner Zangge halts lithium production at subsidiary after govt order
Chinese miner Zangge Mining said on Thursday it had halted lithium production at a unit in Qinghai province on orders from local officials, sending lithium prices up more than 4% i...
Commodities