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RUBBER-Japan futures decline as tariff uncertainty weighs on sentiment
TOKYO, April 16 (Reuters) - Japanese rubber futures declined on Wednesday as uncertainty over tariffs imposed by U.S. President Donald Trump and their potential impact on global economic growth and consumption weighed on sentiment.The Osaka Exchange (OSE) rubber contract for September delivery JRU...Reuters
Wed, Apr 16
Rio Tinto posts lowest Q1 iron ore shipments since 2019, tempers forecast
2025 shipments at lower end of forecast after cyclone woesImplementing A$150 million recovery to recoup weather lossesShares down 1.2%, in line with mining sector declineBy Roushni Nair and Melanie Burton April 16 (Reuters) - Rio Tinto RIO.AX, RIO.L on Wednesday reported its lowest first-quarter ...Reuters
Wed, Apr 16
WTI drifts lower below $61.00 amid uncertainty on Trump trade war
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.80 during the early Asian session on Wednesday. The WTI price remains on the defensive as traders continue to assess the latest headlines on US President Donald Trump's tariff.
Fxstreet
Wed, Apr 16
GRAINS-Soybeans slip amid tariffs and plentiful South American supply
CANBERRA, April 16 (Reuters) - Chicago soybean futures fell for a third session on Wednesday, slipping further from Monday's seven-week high amid strong supply from South America and as tariffs strangle Chinese demand for U.S. beans. Corn and wheat futures were little changed as the U.S. dollar ...Reuters
Wed, Apr 16
Oil subdued as markets assess effects of trade war
By Yuka Obayashi TOKYO, April 16 (Reuters) - Oil prices were flat early on Wednesday, as shifting U.S. trade policies fuelled uncertainty while markets assessed the potential impact of the U.S.-China trade war on economic growth and energy demand. Brent crude futures LCOc1 rose 5 cents, or...Reuters
Wed, Apr 16
Indonesia to propose $10 billion US energy imports increase in tariff talks
JAKARTA, April 15 (Reuters) - Indonesia will propose increasing its imports of crude oil and liquefied petroleum gas from the United States by around $10 billion as part of its tariff negotiations, energy minister Bahlil Lahadalia told local media on Tuesday.Indonesian officials are set to leave for...Reuters
Wed, Apr 16
US fuel exports to Mexico by land halted by higher scrutiny, sources say
By Shariq Khan NEW YORK, April 15 (Reuters) - The Mexican government has halted U.S. fuel imports sent into the country by road, as it cracks down on illegal deals, three sources familiar with the matter said on Tuesday.Trucks carrying gasoline and diesel to Mexico from the U.S. Gulf Coast refini...Reuters
Wed, Apr 16
Algeria's Sonatrach, Occidental Petroleum sign MOUs on hydrocarbon cooperation
CAIRO, April 16 (Reuters) - Algerian energy firm Sonatrach signed two memorandums of understanding (MOU) with U.S. shale company Occidental Petroleum OXY.N to expand cooperation in hydrocarbon exploration and production in Algeria, Sonatrach said in a statement. The MOUs were signed on Monday on the...Reuters
Wed, Apr 16
RPT-COLUMN-Copper market caught between Trump's twin tariff threats: Andy Home
By Andy HomeLONDON, April 15 (Reuters) - U.S. President Donald Trump's tariffs blitz has left Doctor Copper battered and bruised. Last week's copper chaos was of course just a small part of the global turmoil as markets gyrated to the frenetic beat of Trump's changeable tariffs policy. B...Reuters
Wed, Apr 16
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, April 16 (Reuters) - Contract Target Support/Resistance Brent oil -sup $63.79/$63.10/$61.98res $65.81/$66.71/$67.83Palm oil (3rd month)4,072/4,119 ringgitsup 4,026/3,968 ringgitWTI* -sup $60.71/$59.97/$58.77res $61.91/$62.88/$63.85Spot gold$3,255/...Reuters
Tue, Apr 15
Rio Tinto's first-quarter iron ore shipments fall 9%
April 16 (Reuters) - Rio Tinto RIO.AX, RIO.L reported a 9% drop in first-quarter iron ore shipments on Wednesday as tropical cyclones that hit Australia's west coast disrupted its shipments.The world's largest iron ore producer shipped 70.7 million metric tonnes (Mt) of the steel-making comm...Reuters
Tue, Apr 15
LIVESTOCK-CME cattle futures higher on stabilizing stock market
By Heather Schlitz CHICAGO, April 15 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures ended higher on Tuesday as relatively firm boxed beef prices and recovering equities markets provided support to prices, analysts said.CME June live cattle futures LCM25 settled up 0.725 ce...Reuters
Tue, Apr 15
CANADA-CRUDE-Western Canada Select heavy crude discount widens
April 15 (Reuters) - The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) CLc1 widened on Tuesday.WCS for May delivery in Hardisty, Alberta, settled at $9.30 a barrel under WTI, according to brokerage CalRock, after having sett...Reuters
Tue, Apr 15
US Cash Crude-Grades mixed as crude stocks rise, fuel inventories fall, API says
April 15 (Reuters) - Grades pulled in different directions on Tuesday, dealers said, after crude stocks rose but fuel inventories slipped. Mars Sour WTC-MRS rose 20 cents to a midpoint of a $1.50 premium to U.S. crude futures CLc1, its highest since March 13, according to data from LSEG. Crude stoc...Reuters
Tue, Apr 15
CIF/FOB Gulf Grain-Corn barge basis steady to higher on export news
CHICAGO, April 15 (Reuters) - Basis bids for corn delivered by barge to U.S. Gulf Coast terminals were steady to higher on Tuesday, after a spate of corn export news and as river shipping hurdles have continued to have barges back up, traders said.* Meanwhile, basis bids for soybeans delivered by ba...Reuters
Tue, Apr 15
COLUMN-Reality Check: Will adding fringe US corn acres drag down yield? - Braun
By Karen BraunNAPERVILLE, Illinois, April 15 (Reuters) - U.S. corn farmers this year are set to plant one of their biggest areas in history as the crop’s profitability potential is unusually strong versus alternative crops.Both high-yielding and low-yielding states are set to boost corn acres this y...Reuters
Tue, Apr 15
Deep-sea mining firm Impossible Metals seeks mining lease near American Samoa
Impossible Metals requests U.S. auction for American Samoa mineral depositsBureau of Ocean Energy Management to decide on lease sale initiation by May 23Deep-sea mining could reduce land mining but raises ecological concernsBy Ernest Scheyder April 15 (Reuters) - Deep-sea mining firm Impossib...Reuters
Tue, Apr 15
