Commodities
LATEST NEWS FROM COMMODITIES
Commodities
Canada August retail sales grow but September likely to retreat again
Canada's retail sales rebounded in August as consumers spent more on new cars, at supermarkets and for clothing, data from Canada's national statistics agency showed on Thursday.
Commodities
Venture Global’s $1 billion arbitration loss gives booming US LNG sector black eye
Venture Global's loss in a massive arbitration case with BP is a black eye for the wider U.S. LNG industry, whose breakneck growth looks set to contribute to a global supply glut a...
Commodities
Turbulent markets fuel LME's recovery from nickel crisis
Crisis? What crisis? It's hard to believe that just over three years ago the London Metal Exchange (LME) was teetering on the brink of a death spiral after its nickel contract blew...
Commodities
The China crude oil storage conundrum gives price floor and ceiling
Is China's stockpiling of crude oil bearish or bullish for prices?
Commodities
Can the Congo tame the wild cobalt market?
The Democratic Republic of Congo's (DRC) February ban on exports of cobalt has put a hard floor beneath the price of the battery metal.
Commodities
Tracking China's clean energy export dominance in seven charts
China's longstanding dominance of clean energy manufacturing is translating into a behemoth export business, with close to $1 trillion worth of batteries, solar components, electri...
Commodities
Surging OPEC+ oil output leaves market with shrinking shock absorbers
OPEC+'s continued oil output increases are eroding the group's spare production capacity, a vital cushion that has helped to mitigate volatility in recent years. Energy traders may...
Commodities
Tin breaks higher as Indonesia cracks down on illegal miners
The tin market is once again bubbling on supply chain trouble, this time in Indonesia, where the government has launched a sweeping clamp-down on illegal mining.
Commodities
Indonesia confiscates 42,000 tons of tin sands linked to corruption case
Indonesia's Attorney General has confiscated 42,000 tons of tin sands from miners linked to a corruption case at state tin mining firm PT Timah, an official said on Friday.
Commodities
JBS returns to Paraguay with $70 million investment, including plant purchase
Brazilian meatpacker JBS on Thursday announced investments of $70 million in Paraguay over the next two years, including the acquisition of a chicken processing plant, according to...
Commodities
Champagne makers hope pick up in quality will put fizz back in demand
Favourable weather has improved the quality of champagne grapes this year, producers said on Thursday, providing some good news at a time of fading demand for the French sparkling ...
Commodities
Czech billionaire Kretinsky to sell Thyssenkrupp steel stake as JV plans falter
Czech billionaire Daniel Kretinsky has agreed to sell his 20% stake in Thyssenkrupp's steel unit and scrap plans for a joint venture for the business, both parties said in a joint ...
Commodities
Glencore's Lomas Bayas mine operating as usual as waste yard fire weakens
Mining operations at Glencore's Lomas Bayas copper mine in Chile are continuing as usual as emergency teams work to put out a fire which broke out in a waste yard, the unit said on...
Commodities
Japan steel group calls EU anti-dumping measures unjust
Japan Iron and Steel Federation Chairman Tadashi Imai said on Monday it was unjust and extremely regrettable that the European Commission concluded that the EU had been injured by ...
Commodities
Grasberg disaster highlights fragility of copper supply chain
The copper market is long accustomed to unexpected supply hits but the catastrophic events at Freeport-McMoRan's Grasberg mine in Indonesia are unprecedented in terms of scale and ...
Commodities
Critical minerals are stuck between demand hopes and oversupply reality
Definitions vary as to which minerals and metals are genuinely critical, but one thing is certain. The prices of many of them are currently weak and not reflecting their supposed i...
Commodities
Italy receives 10 bids for Ilva steel as major contenders withdraw
Italy has received 10 bids for the former Ilva steel plant, but only two of the bidders are interested in purchasing all of the company's assets, national steelmaker Acciaierie d’I...
Commodities
Japan PM contender Koizumi seeks to quash criticism over prized grape
Japanese farm minister Shinjiro Koizumi, a top contender to become the next premier, downplayed criticism on Friday over his ministry's handling of a licensing deal for a prized gr...
Commodities