News
Important Only
Vitol, Trafigura Plan To Move Venezuelan Oil To Storage Facilities In The Caribbean - Bloomberg News
Jan 12 (Reuters) - COMMODITIES TRADERS VITOL, TRAFIGURA PLAN TO MOVE VENEZUELAN OIL TO STORAGE FACILITIES IN THE CARIBBEAN - BLOOMBERG NEWSSource text: [https://tinyurl.com/5b37snct]Reuters
Mon, Jan 12
Chile's Codelco expects to lift copper output by 10,000 tons this year
By Clara Denina RIYADH, Jan 12 (Reuters) - Chilean state-run miner Codelco is expected to produce 1.344 million metric tons of copper in 2026, up about 10,000 tons from last year, Chairman Maximo Pacheco said on Monday.Speaking to Reuters on the sidelines of the Future Minerals Forum in Riyadh, P...Reuters
Mon, Jan 12
ATALCO secures investment from US, Pinnacle affiliate to boost alumina, gallium output
Jan 12 (Reuters) - Atlantic Alumina Company said the U.S. government and a Pinnacle Asset Management affiliate have invested more than $450 million in the alumina producer to boost domestic output and build the country's first large‑scale primary gallium production circuit.The U.S. Department of...Reuters
Mon, Jan 12
EXCLUSIVE-BHP to wait out Rio-Glencore talks, no plan to bid, sources say
Rio Tinto in bid to take over GlencoreAnalysts, investors flagged BHP as possible spoilerBHP not currently planning rival bid, two sources sayBy Clara Denina and Amy-Jo Crowley LONDON, Jan 12 (Reuters) - BHP BHP.AX is set to wait out Rio Tinto's talks to take over Glencore GLEN.L, a deal that...Reuters
Mon, Jan 12
Delfin expects to greenlight first floating LNG vessel in February
Jan 12 (Reuters) - U.S.-based Delfin Midstream said on Monday it expects to reach a final investment decision for its first floating liquefied natural gas (FLNG) vessel in February.The FLNG project, which the company is developing off the coast of Louisiana, could see three plants with a capacity to...Reuters
Mon, Jan 12
Low-sulphur gasoil deliveries for January rise at expiry, ICE data shows
Jan 12 - Deliveries of low-sulphur gasoil LGOc1 for January rose to 2,902 lots or 290,200 tons at expiry, down from 791 lots in December, Intercontinental Exchange data showed on Monday.The contract expired at $621 a ton.Reuters
Mon, Jan 12
Chile's Codelco to produce 1.344 million tons of copper in 2026, chairman says
By Clara DeninaRIYADH, Jan 12 (Reuters) - Chile's state-run Codelco is expected to produce 1.344 million metric tons of copper in 2026, about 10,000 tons above its 2025 figure, Chairman Maximo Pacheco said on Monday.Speaking to Reuters on the sidelines of the Future Minerals Forum in Riyadh, Pac...Reuters
Mon, Jan 12
SOFTS-Cocoa prices edge up after hitting 1-1/2 month lows amid demand worries
LONDON, Jan 12 (Reuters) - Cocoa futures on the ICE exchange edged up on Monday after earlier hitting their lowest in more than a month amid concerns over flailing demand for the chocolate ingredient. COCOANew York cocoa CCc1 edged up 0.6% to $5,378 a metric ton at 1411 GMT, having earlier hit ...Reuters
Mon, Jan 12
US natgas futures edge up on record LNG export flows, colder forecasts
Speculators increase short bets amid 27% futures dropLSEG reports slight decrease in U.S. gas outputU.S. LNG export plants see record gas flows in JanuaryBy Scott DiSavino NEW YORK, Jan 12 (Reuters) - U.S. natural gas futures edged up about 1% on Monday on record flows to liquefied natural gas (L...Reuters
Mon, Jan 12
Rallying-Variawa wins Dakar eighth stage, Al-Attiyah retains overall lead
Variawa wins eighth stage in South African one-twoAl-Attiyah's lead cut to four minutes Benavides takes overall lead in motorcycle categoryJan 12 (Reuters) - Saood Variawa won the eighth stage of the Dakar Rally in a South African one-two with Henk Lategan on Monday as Nasser Al-Attiyah saw his ...Reuters
Mon, Jan 12
CBOT Trends-Wheat up 6-8 cents, corn up 1-2 cents, soy up 4-6 cents
CHICAGO, Jan 12 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Monday.NOTE: The U.S. Department of Agriculture was slated to issue highly anticipated U.S. crop reports at 11 a.m. CST (1700 G...Reuters
Mon, Jan 12
Silver gains momentum on geopolitical tensions, weaker US Dollar
Silver (XAG/USD) trades around $85.40 on Monday at the time of writing, up 7.00% on the day. Silver is holding onto most of its gains and is moving closer to its all-time high of $58.87 set on December 28, against a backdrop of heightened risk aversion and a strong shift toward safe-haven assets.
Fxstreet
Mon, Jan 12
Germany's Merz floats possibility of EU-India trade deal by end of January
EU seeks tariff cuts on cars, medical devices, wine, spirits, and meatIndia aims for duty-free access for labour-intensive goods in EU trade dealGermany urges India to reduce reliance on Russian energy and armsBy Andreas Rinke AHMEDABAD, India, Jan 12 (Reuters) - German Chancellor Friedrich Merz ...Reuters
Mon, Jan 12
SOFTS-Cocoa prices hit 1-1/2 month lows on worries over demand
NEW YORK, Jan 12 (Reuters) - Cocoa futures on the ICE exchange hit their lowest in more than a month on Monday, amid concerns over flailing demand for the chocolate ingredient. Sugar and coffee also slipped, meanwhile. COCOANew York cocoa CCc1 fell 1.3% to $5,277 a metric ton, having earlier hi...Reuters
Mon, Jan 12
Gold Price Forecast: XAU/USD prints fresh record before consolidating below $4,600
Gold (XAU/USD) trades around $4,580 on Monday at the time of writing, up 1.60% on the day. The precious metal reached a new all-time high at $4,601.32 earlier in the day, extending a particularly strong bullish trend seen over recent weeks.
Fxstreet
Mon, Jan 12
Gold jumps to record highs amid Fed turmoil and rising geopolitical risks
Gold (XAU/USD) kicks off the week with strong upward momentum, surging to fresh record highs near the $4,600 psychological mark as renewed concerns over Federal Reserve (Fed) independence fuel broad risk aversion. At the time of writing, XAU/USD trades around $4,583, up nearly 1.70% on the day.Fxstreet
Mon, Jan 12
GRAINS-Chicago wheat, soybeans and corn rise ahead of USDA crop report
BEIJING/HAMBURG, Jan 12 (Reuters) - Chicago wheat, soybeans and corn futures rose on Monday as traders positioned ahead of the closely watched U.S. Department of Agriculture (USDA) crop reports, while news of more U.S. soybean sales to China also supported.Chicago Board of Trade most active soybeans...Reuters
Mon, Jan 12
