Rabobank is offering metal company clients incentives such as lower interest rates if they meet sustainability targets - and piloting penalties for the laggards, an executive from the Dutch lender said on Tuesday.
China will strengthen price controls on iron ore, copper, corn and other commodities in its 14th five-year plan for 2021 to 2025 to address abnormal fluctuations in prices, the state planner said on Tuesday.
Benchmark Dalian iron ore and Shanghai steel futures edged lower in volatile trade on Tuesday, as China's warning against hoarding and speculation kept market participants on the edge.
Copper prices extended overnight gains on Tuesday as a softer dollar and hopes of global economic recovery offset worries over possible price caps on industrial metals in top consumer China.
Finland's flag carrier Finnair said on Tuesday it would stop using Belarusian airspace after Belarus scrambled a warplane to intercept a Ryanair aircraft and arrest a dissident journalist.
World markets may be taking a breather from their recent unease over rising inflation. Asian shares rose to a two-week high, while stock futures point to a higher open in Europe and the United States after Wall Street closed higher on Monday.
Commodities markets are unlikely to experience a "super-cycle" in the next few years, experts and audience polled at an online metals seminar on Tuesday said.
Finland's flag carrier Finnair said on Tuesday it would stop using Belarusian airspace after Belarus scrambled a warplane to intercept a Ryanair aircraft and arrest a dissident journalist.
Malaysian palm oil futures climbed 2.54% on Tuesday, rebounding from their lowest close in more than three weeks marked in the previous session, as they tracked gains in rival oils on the Chicago Board of Trade (CBOT) and the Dalian Commodity Exchange.
Copper prices extended overnight gains on Tuesday as a softer dollar and hopes of global economic recovery offset worries over possible price caps on industrial metals in top consumer China.
Australia is poised for a second consecutive bumper wheat harvest as farmers plant grain in near-perfect growing conditions, easing some of the global supply concerns, which lifted world prices to multi-year highs last month.
Iron ore futures in Asia inched higher on Tuesday after four consecutive sessions of losses, but moved within tight ranges as China's warning against hoarding and speculation kept market participants cautious.
Algeria’s state grains agency OAIC has issued an international tender to purchase a nominal 50,000 tonnes of durum wheat, European traders said on Tuesday.
China will strengthen price controls of key commodities in its 14th five-year plan from 2021 to 2025, making plans to cope with abnormal fluctuations in the prices of items such as iron ore, copper and corn, the state planner said on Tuesday.
Malaysian palm oil futures snapped a four-day losing streak on Tuesday, as they tracked gains in rival oils on the Chicago Board of Trade (CBOT) and the Dalian Commodity Exchange.
EU negotiators begin two days of talks on Tuesday on a plan designed to make the bloc's huge farming subsidies greener and fairer, although campaigners question its environmental impact.
Copper prices rose on Tuesday, extending overnight gains, supported by a softer U.S. dollar and as investors shifted their focus back to the overall positive outlook for global metals demand.
Chicago corn futures rose on Tuesday, recouping some of the losses suffered in the previous two sessions, with strong demand from China underpinning prices.
Brazilian airline Azul SA said late on Monday it has hired advisers to look at consolidation opportunities within the region and that it was in a strong position to drive that consolidation.