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Commodities

Commodities

Repsol abandons plans for an LNG terminal

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Repsol abandons plans for an LNG terminal on Canada’s east coast According to the company’s announcement on Thursday, Repsol has opted against building a liquefied...
Australian Economy

Steel reverses from a seven-month high

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Steel reverses from a seven-month high The price of steel rebar futures dropped to CNY 4,200 a tonne, less than the over-seven-month high of CNY...
Chinese Economy

London copper prices decline

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London copper prices decline In London, copper prices declined on Thursday as traders awaited a crucial political gathering in the world’s largest consumer China, which...
Chinese Economy

Gold prices will remain range-bound despite volatility

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Gold prices will remain range-bound despite volatility As the likelihood of additional interest rate hikes from the US Federal Reserve continues to weigh on the...
Commodities

Crude Oil increases on potential Russian cuts

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Crude increases on potential Russian cuts On Friday, oil prices continued to rise as the likelihood of decreased Russian supplies partially offset rising US inventories....
Chinese Economy

Soybean futures remain below seven-month high

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Soybean futures remain below seven-month high Because of worries about a worldwide economic slowdown, soybean futures traded around $15.2 per bushel, below the 7-month high...
Commodities

Palm futures climbed for a second consecutive week

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Palm futures climbed for a second consecutive week On Friday, Malaysian palm oil futures registered their second consecutive weekly increase and reached their highest close...
Commodities

Corn barge bids are stable to declining

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Corn barge bids are stable to declining Along with FOB basis offers, basis bids for maize barged to the U.S. Gulf Coast were stable to...
Australian Economy

Oil trade in Singapore is up 47.5% year-on-year

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Oil trade in Singapore is up 47.5% year-on-year According to government agency Enterprise Singapore, the value of Singapore’s oil trade increased by 47.5% from a...
Chinese Economy

Gold Drops Due to Fed Worries

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Gold Drops Due to Fed Worries Due to hawkish signals from Federal Reserve officials who reaffirmed their commitment to bringing down inflation with additional rate...
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