Oil prices should rise "closer to $40/bl" next year, assuming oil demand recovers from the Covid-19 pandemic and Opec and its partners stick to their output cut deal, trading firm Mercuria chief executive Marco Dunand told Argus.
News ID: 9250 Publish Date : 2020/04/28
Money managers trimmed their net-bullish positioning in gold futures modestly – but hiked the silver one – during the most recent reporting week for data compiled by the Commodity Futures Trading Commission (CFTC).
News ID: 9051 Publish Date : 2020/04/06
Malta-based renewable energy trading platform Commerg will allow individual counterparties to host auctions from the beginning of next week.
News ID: 8793 Publish Date : 2020/03/20
Middle East petrochemical producers remain on edge after crude futures slumped in Asian trading to a more than four-year low.
News ID: 8660 Publish Date : 2020/03/09
China's largest private-sector steel producer Jiangsu Shagang has kept its rebar ex-works prices flat for mid-December deliveries in an attempt to stabilise market sentiment.
News ID: 7908 Publish Date : 2019/12/11
China's steel sector profits have rebounded over the past month on the back of supply disruptions at northern ports and robust demand from the construction sector.
News ID: 7572 Publish Date : 2019/11/27
Danish marine fuel supplier Monjasa has started supplying 0.5pc sulphur marine fuel oil in west Africa.
News ID: 7318 Publish Date : 2019/11/08
Switzerland’s ambassador to Iran paid a visit to Tehran Stock Exchange on Tuesday and rang the opening trading bell.
News ID: 6675 Publish Date : 2019/10/15
Chinese steel producer Jiangsu Shagang has raised its rebar ex-works prices by 30 yuan/t ($4.20/t) for mid-October deliveries in response to solid rebar demand during the high season.
News ID: 6628 Publish Date : 2019/10/11
Chinese export coil prices have held at a premium to delivered Asean prices since mid-August. China in the past has pulled Asean prices higher to flip back to a discount, but this time the market expects China will be pulled lower.
News ID: 6581 Publish Date : 2019/10/09
Indian Ferro Chrome prices are stable despite selling pressure, as Producers are bound to increase the prices, due to the current depreciation of Rupee. Sources said that dealing at any price under INR 66,000/MT in the domestic market won’t be feasible for the producers to trade at. According to credible sources, one of the major Ferro Producers was quoting INR 66,000/MT but no trades were concluded at such rates.
News ID: 6197 Publish Date : 2019/08/27
Ferro Silicon Prices in India fell on persistent low demand in line with a lackluster Stainless and Steel market in India. Producers in Bhutan reduced the prices to clear up the inventories and generate sales.
News ID: 5967 Publish Date : 2019/08/16
Commodity trading firm Trafigura has started shipping crude on the 670,000 b/d Cactus 2 pipeline, moving Permian crude to the Gulf coast.
News ID: 5947 Publish Date : 2019/08/15
Even though at the beginning of the month iron ore was trading above $120 a tonne, the highest in more than five years, prices are starting to come down, closing at about $100 a tonne in the last market session.
News ID: 5776 Publish Date : 2019/08/06