News
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Citi trims 3-month copper price forecast to $9,500/t
March 27 (Reuters) - Citi Research forecast a 25% U.S. copper import tariff would be imposed in the second quarter of this year and lowered its three-month price forecast to $9,500 per metric ton from $10,000 per ton, it said in a note on Thursday.Reuters
Thu, Mar 27
Green jet fuel production could miss 2030 targets, BCG report says
By Marleen Kaesebier March 27 (Reuters) - The sustainable aviation fuel (SAF) industry is falling short of its 2030 targets with production not ramping up quickly enough, Boston Consulting Group (BCG) found in a report published on Thursday. European airlines are this year expected to meet a mand...Reuters
Thu, Mar 27
GRAINS-Corn prices struggle on US planting outlook, soybeans firm
Corn rises for first time in three sessions on bargain-buyingU.S. farmers likely to plant more corn this yearSoybeans edge higher, wheat prices hit lowest in 3 weeksBy Naveen Thukral SINGAPORE, March 27 (Reuters) - Chicago corn ticked higher on Thursday, rising for the first time in three session...Reuters
Thu, Mar 27
Deep sea mining impacts still felt forty years on, study shows
Study shows long-term Pacific Ocean seabed damage from 1979 miningEnvironmental groups urge halt to deep sea miningCanada's TMC plans first mining application despite incomplete regulationsBy David StanwaySINGAPORE, March 27 (Reuters) - A strip of the Pacific Ocean seabed that was mined for meta...Reuters
Thu, Mar 27
PRESS DIGEST-British Business - March 27
March 27 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The Times- UK warehouse landlord Urban Logistics Reit Plc SHED.L was served with a requisition notice from shareholders led...Reuters
Thu, Mar 27
METALS-London copper edges up, stronger dollar caps rise
NEW DELHI, March 27 (Reuters) - Copper prices in London edged up on Thursday as markets tracked inflows of the industrial metal to the U.S. as demand rose ahead of potential tariffs, but a stronger dollar checked gains.The benchmark three-month copper CMCU3 on the London Metals Exchange (LME) added ...Reuters
Thu, Mar 27
PRESS DIGEST-Financial Times - March 27
March 27 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- HSBC fired investment bankers on bonus day and gave them no bonuses- British Steel's Chinese owner rejects UK government subsidy ...Reuters
Thu, Mar 27
RUBBER-Japan futures on track to snap four-day rally on US auto tariffs
SINGAPORE, March 27 (Reuters) - Japanese rubber futures were set to snap a four-day rally on Thursday, as fresh U.S. automobile tariffs dampened demand prospects for the tyre-making material, though supply concerns cushioned the fall. The Osaka Exchange (OSE) rubber contract for August delivery JR...Reuters
Thu, Mar 27
China's Rongsheng Petchem opens Canada office, buys crude from Suncor
SINGAPORE, March 27 (Reuters) - China's Rongsheng Petrochemical 002493.SZ, a major independent refiner, has opened an office in Canada to buy Canadian crude and made its first purchase from local producer Suncor Energy SU.TO, trade sources said. Rongsheng, China's largest independent refiner...Reuters
Thu, Mar 27
Goldman Sachs, BofA raise gold price forecasts amid trade-war tensions
March 26 (Reuters) - Goldman Sachs GS.N on Wednesday raised its end-2025 gold price forecast to $3,300 per ounce, up from $3,100, with a target range of $3,250 to $3,520 per ounce.The investment bank cited stronger-than-expected exchange-traded fund inflows and sustained central bank demand as keyReuters
Thu, Mar 27
Oil up on tighter supply risks; views mixed on Trump's auto tariff impact
By Katya Golubkova TOKYO, March 27 (Reuters) - Oil prices nudged higher on Thursday on concerns about tighter global supply after the U.S. tariff threat on Venezuelan oil buyers, while market players also grappled with the impact of Donald Trump's latest announcement on auto-sector tariffs. B...Reuters
Thu, Mar 27
GRAINS-Corn under pressure on US planting outlook, soybeans firm
SINGAPORE, March 27 (Reuters) - Chicago corn futures slid on Thursday, trading close to last session's three-week low, as the market continued to face headwinds from expectations of a significant uptick in U.S. corn planting this year.Soybeans edged higher, while wheat lost more ground.FUNDAMENT...Reuters
Thu, Mar 27
WTI edges higher above $69.50 on Venezuela supply concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.60 during the early Asian session on Thursday. The WTI price extends the rally to a near four-week high amid mounting concerns about tighter global supply after the US threat of tariffs on countries buying Venezuelan...
Fxstreet
Thu, Mar 27
RPT-COLUMN-Can Trump's critical minerals drive pass the copper test?: Andy Home
By Andy Home LONDON, March 26 (Reuters) - U.S. President Donald Trump's executive order on boosting domestic minerals production is intended to blast a path through the thicket of mine permitting in the United States. It takes an average of nearly 29 years for a new mine to go from discovery ...Reuters
Thu, Mar 27
US fossil fuel, farm groups rail against Trump port fee plan at hearing
US industries oppose $3 million fees on China-linked shipsUS shipping fees on China vessels face industry backlashStudy finds fees could spark double-digit percentage drops in energy and agriculture exportsBanana supplier Dole says makes 300 U.S. port calls a yearChina-linked ship fees spark US indu...Reuters
Wed, Mar 26
CIF/FOB Gulf Grain-Corn, soy barge bids rebound slightly
CHICAGO, March 26 (Reuters) - Spot basis bids for corn and soybeans delivered by barge to the U.S. Gulf Coast rebounded slightly on Wednesday, traders said.* Barge freight rates remained firm, as barge traffic has slowed on the Mississippi River near St. Louis due to navigation restrictions, traders...Reuters
Wed, Mar 26
LIVESTOCK-CME cattle futures firm on lower supplies
By Renee HickmanCHICAGO, March 26 (Reuters) - Chicago Mercantile Exchange cattle futures were higher on Wednesday as packers were willing to pay up for limited supplies, analysts said.Lean hog futures continued to be locked in a sideways trade ahead of a U.S. Department of Agriculture data release a...Reuters
Wed, Mar 26
