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FXEmpire.com - Natural Gas Price Forecast Video for 30.05.23

A second consecutive week of above-average rainfall in most of Ivory Coast's cocoa-growing regions will boost the quality of the April-to-September mid-crop, farmers said on Monday.

Export prices of Russian wheat are softening further in anticipation of a new harvest and amid low demand from global importers, analysts said.

Argentina's government on Monday increased domestic prices of both sugarcane and corn-based ethanol for blending with gasoline, according to the country's official gazette.

Brazil's total corn production in 2022/23 is expected to hit 127.4 million tonnes, agribusiness consultancy AgRural said on Monday, raising its April estimate of 125.1 million tonnes as growers start to harvest their second crop.

Cathay Pacific is close to placing an order for Boeing 777-8F freighters as the Hong Kong carrier embarks on the partial renewal of a fleet of 747 cargo jets, industry sources said on Monday.

Amin Salah used to grow wheat near the banks of Iraq's Euphrates River, but persistent droughts have led him to switch to farming unlikely new grounds deep in the harsh desert of Najaf.

Malaysian palm oil futures slid on Monday after three straight sessions of gains due to weakness in rival oils in Dalian Commodity Exchange and a quieter market.

Russia warned the West on Monday that a deal allowing Ukrainian grain to be exported from the Black Sea would cease unless a United Nations agreement aimed at overcoming obstacles to Russian grain and fertiliser exports was fulfilled.

Heavy rain has flooded wheat fields in China's central Henan province, just days ahead of the harvest, pushing up prices and raising concerns about the quality of this year's crop in the world's top consumer of the grain.

Shifting weather patterns and disappointing rains in Gaza mean Palestinian farmer Itaf Qudeih has managed to harvest only a quarter of the wheat she once grew on her land.

Shanghai copper prices rose to their highest in a week on Monday on improved risk sentiment following an agreement to suspend the U.S. government's debt ceiling.

Singapore Airlines Ltd and Garuda Indonesia plan to enter into a joint venture (JV) to increase passenger capacity between the two countries, the flag carriers said on Monday, as post-COVID tourism in Southeast Asia ramps up.

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A Russian drone attack overnight damaged some infrastructure in Ukraine's Black Sea port of Odesa, which is key for its grain exports, the Ukrainian military said on Monday.

Malaysian palm oil futures fell on Monday after three straight sessions of gains, due to weakness in rival oils and a quieter market.

Malaysian palm oil futures fell on Monday after three straight sessions of gains, dragged down by weakness in Dalian palm oil prices.

Shanghai copper prices rose on Monday, as risk sentiment improved after U.S. President Joe Biden and congressional Republican Kevin McCarthy agreed to suspend the government's debt ceiling.

Australia's Leo Lithium Ltd said on Monday it signed a binding agreement with a unit of China's Ganfeng Lithium Group Co Ltd to raise A$106.1 million ($72 million) and to cooperate for the ramp-up of its Goulamina project in Mali.

French Economy Minister Bruno Le Maire is in "very close discussions" with credit ratings agency Standard and Poor's, which put France on notice in January for a possible downgrade, Prime Minister Elisabeth Borne said on Sunday.