China's primary aluminium output in August rose by 3.1% from a year prior to an all-time monthly high, data released on Friday showed, as production in the southwestern province of Yunnan continued to ramp up after hydropower generation recovered.
Indonesia posted an August trade surplus of $3.12 billion, roughly double the expected amount, as the drop in imports was larger than forecast, data from the country's statistics bureau showed on Friday.
China's aluminium production rose by 3.1 % to 3.6 million tonnes in August from a year earlier, according to data released by the National Bureau of Statistics on Friday.
Chicago wheat futures slipped back towards 33-month lows on Friday as traders assessed plentiful supply from Russia and a slight increase in projected production in Canada.
Australia's competition regulator said on Friday it intended to deny authorisation for Qantas Airways and China Eastern Airlines to coordinate operations between the two countries, citing competition concerns amid increased demand.
Australia's competition regulator said on Friday it proposed to deny authorisation for Qantas Airways Ltd and China Eastern Airlines to coordinate passenger and cargo transport operations between Australia and China.
Chicago Mercantile Exchange live cattle futures galloped to new highs on Thursday on short-covering combined with continued concerns about U.S. tight supplies, brokers said.
Chicago Board of Trade (CBOT) soybean futures turned higher amid a volatile trading session on Thursday, as commodities traders wrestled with tight domestic supplies and uncertainty over weather impacts on the current U.S. crop.
London cocoa futures on ICE rose to another 46-year high on Thursday, with no hope of supply tightness easing any time soon, while white sugar touched a 12-year peak.
Argentina's 2023/24 wheat crop has been helped by recent rains in key agricultural areas, the Buenos Aires grains exchange said on Thursday, although western parts of the country are still parched.
Gold, the precious metal, has long been held high in conventional markets. However, many investors believe that with its non-yielding nature, gold will lose its position as interest rates surge.
The Federal Aviation Administration (FAA) is set to announce on Thursday it is upgrading Mexico's air safety rating, a move that will allow Mexican carriers to expand U.S. routes, sources told Reuters.
London cocoa futures on ICE rose to another 46-year high on Thursday, with no hope of supply tightness easing any time soon, while raw sugar touched a 12-year peak.
Chicago wheat futures fell on Thursday as traders cashed in on a brief rally amid ample supplies from top exporter Russia and a slight increase to Canada's wheat crop forecast.
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Working gas in storage grew by 57 Bcf, compared to analyst consensus of +48 Bcf.
The potential intensification of strike action in Australian LNG projects provided some support to the market, but prices have started to move lower after the release of
The Philippines said on Thursday it expects its rice imports this year and in 2024 to be well below the latest projections by the U.S. Department of Agriculture, as the Southeast Asian nation steps up efforts to boost local harvests.
The aluminium sector in India is a bright spot in an otherwise flat to downbeat global picture as the government rolls out infrastructure and industry seeks to satisfy growing demand, an executive said on Thursday.
Reuters
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