26 Commodities News And Market Data




Commodities News And Market Data



Money, Economy, Finance, Fiscal Matters, Mutual Funds



Harvest fears push up global grain prices
The cost of barley, an important feed for the livestock industry, and of rice also moved higher on the week

Fears grow over global food supply
Wheat prices have risen further in the wake of Russia's decision to extend its grain export ban by 12 months, raising fears about a return to the food shortages and riots of 2007-08

Optimism over China demand bolsters copper
Resurgent hopes for a stronger economic rebound in China could take prices to $9,000 a tonne in the next year

Ground forces
The price of ready-to-roast coffee beans has gone up by a third this year, considerably more than wheat (20 per cent) or lean hogs (16 per cent)

Cotton prices surge to 15-year peak
Supply problems threaten higher clothing prices for consumers

Meat price surge fuels fears of food inflation
Global meat prices have hit a 20-year high as robust demand from emerging countries has coincided with a drop in production

Meat industry is caught in a two-speed recovery
The two-speed recovery under way in developed and emerging economies is playing out in one of the least glamorous markets: meat

Miners discount as steel output falls
The price of iron ore and coking coal will drop next quarter as lower steel production forces global mining companies to offer discounts on contracts

Zimbabwe enjoys bumper tobacco season
Harvest doubles on last year, with smallholder farmers accounting for 60-65% of the national crop amid increasing demand from China

France steps up tougher rules campaign
Paris has urged the European Commission to implement comprehensive regulation of raw materials markets

Corn prices jump as dry US summer takes toll
Parched American fields and demand for exports put a premium on grain for delivery in the near future

Steel glut to hit iron ore price
The price of steelmaking commodities iron ore and coking coal will drop next quarter for the first time in a year as lower steel production forces global miners Vale of Brazil and UK-listed Rio Tinto and BHP Billiton, to offer discounts on their supply contracts

Copper
Tight supply is playing a greater role in the latest resurgence of the metal's price

Pakistan crop concerns spark cotton price rise
Traders fretted about tightening supplies after floods devastate a large chunk of the country's crop, just as global demand surges

Tin price jump pushes base metals higher
Tight supplies and optimism on China buoy prices, with the raw material used in food packaging coming within a whisker of a two-year high