U.S. stockpiles of Venezuelan cocoa swelled in May to levels not seen in at least five years, a Reuters analysis showed, as exporters in the crisis-hit country hit by U.S. sanctions scramble to raise cash however they can. Venezuela is in the midst of a
Gold prices declined due to weak demand amid subdued trend overseas. MCX Gold futures were trading 0.78 per cent down at Rs 31,494 per 10 gram at around 11.10 am (IST), while MCX Silver future was down 0.55 per cent at 36,475 per 1 kg
Commodity prices are the market values of the many raw materials of our world. Touching our everyday life, commodities include oil, natural gas, gold, silver, cattle, wheat, corn, and lumber. As well as the nearly 90 other assets that trade on commodity exchanges. For most
In “Futures In Focus”, Bob Iaccino, founder at Path Trading Partners, discusses this week’s moves in the commodities market. He speaks on “Bloomberg Markets.”
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, recently announced that the Federal Government will place a final ban on the importation of tomato paste before the end of 2019. The rationale is to boost domestic production of the commodity. This also ties
A total of 7,183 MT of commodities ranging from maize, paddy rice and sorghum valued at N773.1m was traded at the AFEX exchange in Q1, 2019. This was disclosed by AFEX at a Tweet-chat organized in partnership with Proshare Nigeria. Engaging stakeholders via Twitter the
Women produce 60-80 percent of the world’s food, and women are inherently better stewards of the environment than men. Or are they? Although frequently repeated, many such “truths” about women in agriculture are increasingly being debunked. The myth of the noble and responsible rural woman still
Commodities have roared back from their end-of-year rout, leading a broad-based rally in risk assets in 2019. This week, Brent crude oil briefly hit $70 a barrel, while iron ore prices breached $90 a tonne on supply fears following a cyclone off Western Australia and
Gold futures traded on the Comex division of the New York Mercantile Exchange were down 0.3% to $1,290.65 by 12:45 AM ET (04:45 GMT). China’s Caixin/Markit manufacturing purchasing managers’ index (PMI), released on Monday, rose to 50.8 from 49.9 in February. That was the strongest reading
The 10km (6.2 miles) of passages and chambers inside Malham Cave, overlooking the Dead Sea, were mapped out over two years. The desert site was near where, according to the Bible, Lot’s wife was turned into a pillar of salt. This happens when rainwater flows