Thailand has hiked domestic sugar prices by 20%, a senior official told Reuters on Monday, a move aimed at narrowing the gap between local and global sugar prices
Shein, the China-founded fast-fashion retailer, has bought the intellectual property (IP) of British online clothing business Missguided from Mike Ashley's Frasers Group, Frasers said on Monday, adding the companies could collaborate further.
Main crop cocoa arrivals at ports in top grower Ivory Coast had reached 227,000 tons by Oct. 29 since the start of the season on Oct. 1, down 23.1% from the same period last season, exporters estimated on Monday.
Commodity trader and miner Glencore on Monday maintained its overall 2023 guidance for copper, zinc, coal and cobalt output, but cut its outlook on nickel production due to maintenance and strikes.
Ukraine's grain exports in October have almost halved year on year to 2.15 million metric tons from 4.22 million, the agriculture ministry data showed on Monday.
Ukraine's grain exports in October have almost halved year on year to 2.15 million metric tons from 4.22 million, the agriculture ministry data showed on Monday.
Most non-ferrous metals prices climbed on Monday as stimulus measures from top consumer China boosted sentiment, with low inventories and solid demand further supporting copper prices.
Malaysian palm oil futures shed early gains to reverse course on Monday as a stronger ringgit pulled down appetite, while traders maintained a cautious stance ahead of supply-demand data due next month.
Chicago soybean futures rose to their highest in six weeks on Monday, as speculators bet on higher prices amid strong demand for U.S. beans and soymeal.
Australia has rejected European Union proposals for a free trade agreement, and a deal is now unlikely to be reached for several years, Australian government ministers said on Monday.
Most non-ferrous metals climbed on Monday as supportive economic measures from top consumer China boosted sentiment, while upbeat demand for copper also lifted prices.
Shares in South Korea's Asiana Airlines rose as much as 24% on Monday, backed by expectations that a proposed merger with Korean Air Lines would proceed as board members met to decide whether to sell off its cargo service.
Australia's trade minister said on Monday that free trade negotiations with European Union officials in Japan over the weekend had failed to make progress.
A seaway workers' union in eastern Canada agreed to a new tentative labor contract on Sunday, ending a days-long strike that had impeded the movement of grains and other commodities on a key North American trade route linked to the Atlantic Ocean.
A seaway workers' union in eastern Canada agreed to a new tentative labor contract on Sunday, ending a days-long strike that had impeded the movement of grains and other commodities on a key North American trade route linked to the Atlantic Ocean.
Qantas Airways Ltd on Monday said it will defend itself against Australia's competition regulator's accusations that the flagship carrier sold tickets to thousands of flights after they were after they were cancelled.