Russia has stepped up imports of the aluminium feedstock alumina from India in recent months to supply its vast Siberian plants, a move that diversifies the sanctions-hit country's supply, helps reduce dependence on China and cuts costs.
Canadian farmers will harvest slightly more wheat and a bit less canola than expected earlier in summer, but dry conditions will keep both crops small, a government report showed on Thursday.
There is a more than 95% chance that El Niño conditions will continue through the Northern Hemisphere winter from January - March 2024, a U.S. government weather forecaster said on Thursday.
The London Metal Exchange (LME) said on Thursday that it would introduce a phased roll-out of an evolved closing price methodology to its most liquid contracts from January 2024 after a market-wide consultation.
Delta Air Lines on Thursday cut current-quarter forecasts for operating margins and profit, owing to increased fuel expenses amid supply cuts by Russia and Saudi Arabia.
European industrial customers are still buying aluminium from Russia's Rusal this year, trade data show, but clients are divided on whether to hammer out deals for 2024.
India's aviation regulator has raised three incidents of engine failure in IndiGo flights with Pratt & Whitney, the country's civil aviation ministry said on Thursday.
Wheat production in Canada fell by 13.1% in 2023 compared to 2022, while canola production was down by 7.1%, according to a Statistics Canada survey released on Tuesday, based in part on satellite and agroclimatic data.
Chicago wheat futures fell on Thursday as exports of cheap grain from Russia countered concerns over supply risks in war-torn Ukraine and drought-affected parts of the southern hemisphere.
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.
India will release more wheat stocks into the open market to curb prices during the coming festive season, food secretary Sanjeev Chopra told reporters on Thursday.
Consultancy Strategie Grains has made a sharp cut to its forecast for European Union soft wheat exports, citing a sluggish start to the season because wheat from EU origins is proving uncompetitive against Russian wheat.
Consultancy Strategie Grains has made a sharp cut to its forecast for European Union soft wheat exports, citing a sluggish start to the season because wheat from EU origins is proving uncompetitive against Russian wheat.
China's Ministry of Commerce on Thursday said it will maintain anti-subsidy tariffs on potato starch imported from the European Union (EU) for five years from Sept. 16, according to an announcement.
Dubai Aerospace Enterprise (DAE) Capital has told an Indian court it detected corrosion of some parts and "a greenish deposit" on a plane leased to bankrupt airline Go First, after another lessor complained about "robbed" parts.
F armers in Spain and Italy are turning to techniques ancient and modern to safeguard production of regional favourites including olive oil and Prosecco as climate change forces them to rapidly adapt.
Reuters
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