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Commodities Top News

Cocoa price falls at Ivory Coast forecast

Traders sold on forecasts of a strong crop in Ivory Coast, which accounts for 40 per cent of global output

France leads charge on commodities rules reform

High prices in food commodities, amid a sharp rise in wheat prices, are the driver for change

Bottleneck in Brazil boosts price of sugar

Six-month high is attained on the back of very strong physical demand and export holdups

World Bank backs farmland investment

Vendors urged to demand much more to increase their farming productivity and peoples' livehoods

China enforces steel mill energy measures

Local-level implementation gives credence to national energy efficiency targets and raises stock prices in the sector on the prospect of supply cuts of up to 10 per cent in September

Silver surges as global industrial appetite revives

Robust industrial demand as the global manufacturing cycle gains momentum after the summer helps silver towards a two-and-half year high

BHP needs to strike balance on Potash price

Three weeks after its initially secret $39bn approach to PotashCorp, the Anglo-Australian miner faces conflicting pressures over the price it might have to pay to secure its target

Russia's wheat farmers fear for next year's crop

Dry conditions as winter planting begins suggests trouble ahead in the grain belt which would put markets under heavy pressure

Bid puts potash back on investors' radar

BHP Billiton's $39bn hostile takeover bid for PotashCorp has revived interest in the commodity and the companies mining it, prompting investors to flood fertiliser consultants for advice

New Delhi set to fuel cotton price rise

The world's second-largest exporter has unexpectedly extended export restrictions on the fibre, reversing promises made three weeks ago

View of the Day: Ashraf Laidi, CMC Markets

Precious metals should benefit more from renewed quantitative easing than base metals such as copper, with silver likely to outperform gold

US coal

The fuel's price could rise enough to make it more expensive than gas

Harvest fears push up global grain prices

The cost of barley, an important feed for the livestock industry, and of rice also moved higher on the week

Ground forces

The price of ready-to-roast coffee beans has gone up by a third this year, considerably more than wheat (20 per cent) or lean hogs (16 per cent)

Fears grow over global food supply

Wheat prices have risen further in the wake of Russia's decision to extend its grain export ban by 12 months, raising fears about a return to the food shortages and riots of 2007-08

 
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