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London (Platts)--30 Jul 2015 1154 am EDT/1554 GMT
Global wheat production forecast in the 2015-16 marketing year has been
revised down 0.14% from last month's forecast to 710 million mt, the
International Grains Council said Thursday.
London (Platts)--30 Jul 2015 947 am EDT/1347 GMT
South Africa's Northam Platinum, one of the world's top 10 platinum
miners, said Thursday that a wage agreement at its Zondereinde mine has been
been reached with the National Union of Mineworkers, with entry level
underground employees getting a 13% rise in the first year of a three-year
July 30, 2015
Mexico's debut bidding event in Round One of its energy reform is now history, and resulted in what was widely agreed was a poor showing.
July 29, 2015
Colin Richardson revels in what has been, and continues to be, a real pleasure being part of the market - or at least on its periphery.
July 28, 2015
Russian giant Rosneft's recent deals in Asia suggest it is potentially shifting the balance of its crude oil sales in the region, Daniel Colover observes.
LDPE pricing in the US seemed influenced by falling global prices and softening demand. In Asia, LDPE prices fell amid weak demand as buyers remained on the sidelines waiting for clearer market direction to emerge. In Europe, the main talking point in the LDPE market was the settlement of the August ethylene contract price at a decrease.
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The physical 3.5 FOB Rotterdam barge market trended higher at the prompt February 27, with RMG material leaving Europe for arbitrage destinations, traders said. "The market is getting tighter for RMG...we expect stronger pricing for barges in March," one said. At the same time, supply was sufficient for cracked fuel oil, with a lot of straight run and M-100 being blended into the finished grade pool, albeit at relatively high costs, sources said.