Brazil's 2023 coffee crop is expected to reach 54.74 million 60-kg bags, government food and statistics agency Conab said on Thursday, slightly lowering its January forecast of 54.94 million bags due to a larger drop in robusta coffee production.
China's aluminium imports in April rose 27.1% from a year earlier, customs data showed on Thursday, with domestic supply constrained by lingering power issues in the southwest.
Brazil's 2023 coffee crop is expected to reach 54.74 million 60-kg bags, government food and statistics agency Conab said on Thursday, slightly lowering its January forecast of 54.94 million bags due to a larger drop in robusta coffee production.
Malaysian palm oil futures eased on Thursday for a fourth consecutive session, hitting a 20-day closing low amid fears of higher production, and as an extension of the Black Sea export deal raised the prospects of improved global supply.
Chicago December corn futures on Wednesday traded below $5 per bushel for the first time since 2021, supportive for those who believe new-crop corn has already inked its yearly high.
Robusta coffee futures on ICE slipped on Thursday after earlier matching the previous session's 12-year peak, with investors weighing tight supplies in top producer Vietnam against reports the harvest is picking up pace in Brazil.
Global wheat prices fell further on Thursday as the extension of a deal to allow Ukraine to export grains through Black Sea ports eased concerns over world supplies.
Uganda said on Thursday construction of its much delayed $2.2 billion Standard Gauge Railway (SGR) will commence this year, a welcome development for importers and exporters in the landlocked country who had long endured sky-high transport costs.
Iraq's strategic wheat reserves are sufficient for six months, its state news agency quoted Minister of Commerce Atheer Daoud Al-Ghurairy as saying on Thursday.
Deep through the forests of this landlocked Southeast Asian country, China has built a state-of-the-art high-speed railway. The link is supposed to bring prosperity. Some scientists fear it could also bring out something else: a new pandemic.
Canada Goose Holdings Inc forecast annual sales above Wall Street estimates on Thursday, betting that a sharp rebound in key luxury market China would help the luxury winterwear maker ride out a slowdown in U.S. demand.
Copper prices fell in London on Thursday as the U.S. dollar hit a seven-week high and inventories in warehouses registered with the London Metal Exchange (LME) continued to rise.
India's LT Foods, which sells Daawat basmati rice, reported a 79% surge in quarterly profit on Thursday, helped by strong demand for its packaged rice and robust export prices.
The U.S. Navy’s first deployed fleet of unmanned surveillance vessels is now in action in the Middle East, the artificial intelligence programs making decisions on which targets to investigate and what data to send back for analysis.
Fashion group Brunello Cucinelli could claim a spot in the FTSE MIB index of leading Italian shares at the expense of energy group ERG in a review at the end of the month, according to two traders.
Interglobe Aviation Ltd, the operator of India's top airline, IndiGo, reported a second consecutive quarterly profit on Thursday, as strong demand for air travel more than offset a jump in fuel expenses.
Russian grain exports will total around 50-55 million tonnes in the 2023-2024 season, Agriculture Minister Dmitry Patrushev told President Vladimir Putin on Thursday.
Interglobe Aviation Ltd, the operator of India's top airline, IndiGo, reported a second consecutive quarterly profit on Thursday, as strong demand for air travel more than offset a jump in fuel expenses.
Australian shares closed higher on Thursday, tracking strong overnight gains on Wall Street, while an unexpected dip in the country's employment for April reinforced bets of a pause in rate hikes by the central bank at its meeting next month.
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