Tag: Commodities
China iron ore giant established for price negotiation
New state-owned firm will consolidate China iron ore imports, while potentially getting better prices for steel makers in the country....
Rising China pork prices add to inflation
China's rising pork prices have already caused consumer inflation to rise 2.5% in the month of June, with more gains expected in future. ...
India and China’s love for Russian oil
India and China collectively spent $24 bn to import Russian oil during the three months after Ukraine's invasion by Putin....
Record Asia coal prices may cause blackouts
The reduced supply of Russian coal and gas has increased demand for coal from other sources, pushing Asia coal prices to a record high. ...
Trouble brewing for Malaysian palm oil
Malaysian palm oil plantations are facing weak prices, while fertilizer shortages and labour woes are affecting production....
Indian energy firms rake in profits from high oil prices
High oil prices in the global market are benefitting upstream and downstream companies in India, even as there is ample room for demand grow...