Australia's exports of new energy metals are expected to rise in value above those of thermal coal, the polluting fuel that has been the mainstay of electricity generation across much of Asia.
London cocoa futures on ICE hit a fresh 46-year high on Monday before turning lower, while raw sugar prices rose as the market extended its rebound after falling sharply last week.
Leading South Korean animal feed maker Nonghyup Feed Inc (NOFI) has bought animal feed corn from optional origins in an international tender on Monday for up to 138,000 metric tonnes, European traders said.
Malaysian palm oil futures rallied more than 5% on Monday to hit a more than three-month high, tracking a sharp rally in rival soyoil on concerns over smaller U.S. planting and inventories.
Leading South Korean animal feed maker Nonghyup Feed Inc. (NOFI) has bought animal feed corn from optional origins in an international tender for up to 138,000 metric tonnes on Monday, European traders said.
Copper prices firmed on Monday as hopes for economic stimulus in top consumer China were raised by slowing activity in the country's industrial sector while sliding inventories suggested a tighter market.
Torrential rain triggered flash floods in northern China killing one person and sweeping away two, state media reported on Monday, the latest victims of weeks of extreme weather that has brought misery to many and shows no sign of ending.
Russian airlines' combined passenger traffic grew 21% year on year from January to May, the TASS news agency reported on Monday, citing Alexander Neradko, the head of Federal Air Transport Agency Rosaviatsiya.
Crop consultancy Strategie Grains has lowered its forecast for this year's European Union rapeseed harvest by more than 600,000 metric tons after dry weather in the northern part of the bloc.
Leading South Korean feedmaker Nonghyup Feed Inc. (NOFI) has issued an international tender to purchase up to 138,000 metric tons of animal feed corn to be sourced from optional origins, European traders said on Monday.
Malaysian palm oil futures rose more than 4% on Monday to hit a nearly three-month high, tracking a sharp rally in rival soyoil on concerns over smaller U.S. planting and inventories.
The Korea Feed Association (KFA) Busan section in South Korea purchased about 66,000 metric tonnes of animal feed corn on Saturday in a private deal without issuing an international tender, European traders said.
Torrential rain triggered flash floods in northern China killing one person and sweeping away two, state media reported on Monday, the latest victims of weeks of extreme weather that has brought misery to many and shows no sign of ending.
Prices of most base metals rose on the first trading day of the second half of the year, buoyed by better investor sentiment, but the near-term global demand outlook remained subdued.
Australia's exports of new energy metals are expected to rise in value above those of thermal coal, the polluting fuel that has been the mainstay of electricity generation across much of Asia.
The European Union is considering a proposal for the Russian Agricultural Bank to set up a subsidiary to reconnect to the global financial network as a sop to Moscow, the Financial Times said on Monday.