Analysis: Commodities

Road freight prices from France to Britain jump 50% in January - data

Freight prices for moving goods by road from France to Britain rose by 50% in January compared with the same month a year ago after lorry drivers demanded higher payments to operate in the UK after...

Gold Fields sees 2020 earnings jump thanks to gold price

Gold Fields Limited said basic earnings per share for the full-year 2020 will range from $0.80 to $0.84, or 300% to 320% higher than the figure for the previous year, thanks to strong gold prices and...

Vietnam to impose 34% anti-dumping tax on sugar imports from Thailand

Vietnam said it planned to impose anti-dumping duties on raw sugar that originates in Thailand, claiming soaring imports are undermining its domestic sugar industry....

Chesapeake Energy emerges from bankruptcy and shifts back to natural gas

U.S. shale producer Chesapeake Energy Corp on Tuesday exited Chapter 11 bankruptcy with business plan that nods to its founders' emphasis on natural gas after a recent push into crude oil....

Oil prices surge for seventh straight day of gains

Oil prices rose on Tuesday for their seventh straight session of gains, touching 13-month highs as investors kept betting that fuel demand will rise while OPEC and allied producers keep a lid on...

Gold gains as dollar slips, stimulus bets grow

Gold jumped 1% to a one-week high on Tuesday, as a sliding dollar and hopes of more U.S. fiscal stimulus bolstered its appeal among investors seeking an inflation hedge....

Indonesia's Pertamina 2021 crude oil imports seen up 50.4% y/y

Indonesian state oil company PT Pertamina is estimated to increase its crude oil imports by 50.4% this year compared to 2020, its chief executive officer said on Tuesday, in an effort to reduce its...

Oil rises 2% to more than one-year high on supply cuts, stimulus hopes

Oil prices rose 2% on Monday to their highest in over a year, with Brent nudging past $60 a barrel, boosted by supply cuts among key producers and hopes for further U.S. economic stimulus....

Gold rises over 1% on expectations of large U.S. stimulus package

Gold jumped more than 1% on Monday as expectations of a large U.S. economic stimulus package bolstered bullion's appeal as an inflation hedge. ...

Sime Darby Plantation : Buyers shun major Malaysian palm oil producers after forced labor allegations

Major palm oil buyers are seeking to block FGV Holdings and Sime Darby Plantations from their global supply chain after the United States banned imports from the two Malaysian producers, four sources...

China aluminium sector must shut inefficient coal power to meet climate goals - report

China's aluminium sector must shut dedicated power capacity equivalent to more than Germany's entire coal fleet over the next decade to keep Beijing on track to meet its carbon pledges, climate think...

Gold gains as dollar retreats, U.S. jobs report signals slow recovery

Gold rebounded above the $1,800 psychological level on Friday, helped by a retreat in the dollar and data showing slower-than-expected growth in U.S. employment underpinning the need for additional...

Graphic: Brent near $60 as OPEC+ cuts tighten oil market

Brent crude prices are approaching $60 a barrel, a one-year high, driven in large part by OPEC+ cuts that are set to keep the oil market in deficit this year....

Ivory Coast cocoa grind up 8.3% in January, say exporters

Ivory Coast cocoa grinders had processed 199,000 tonnes of beans by the end of January, up from 191,000 tonnes over the same period last season, data from the exporters' association GEPEX showed on...

Malaysia end-Jan palm oil stocks seen rebounding as exports, output plunge

Malaysia's palm oil inventories at the end of January likely ticked up for the first time in four months, as a deep plunge in exports offset output which tumbled to near 5-year low, a Reuters survey...

Gold breaks below $1,800 as dollar, yields gain

Gold dropped more than 2% on Thursday to break below the key psychological $1,800 level as a rising dollar and U.S. Treasury yields eroded bullion's appeal....

Indonesia's 2020 palm oil exports drop 9% -palm oil association

Indonesia's palm oil exports fell 9% last year as global demand was disrupted by the coronavirus pandemic, the Indonesian Palm Oil Association said on Thursday, while forecasting exports would...

Indonesia minister says Freeport, Tsingshan finalising $2.8 billion copper smelter deal

Freeport-McMoRan Inc is close to reaching a $2.8 billion deal with China's Tsingshan Holding Group to build a copper smelter in Indonesia's Weda Bay, senior minister Luhut Pandjaitan said on...

Silver claws back up as market looks past retail swings

Silver rose more than 2% on Wednesday on bets for a pick-up in industrial demand, regaining some ground following a sharp retreat from a near eight-year peak scaled with the help of a social...