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Freeport Indonesia may get 1 million ton copper concentrate export quota
JAKARTA, March 7 (Reuters) - Copper miner Freeport Indonesia may get an export quota of around 1 million metric tons of copper concentrate, Energy and Mineral Resources Minister Bahlil Lahadalia told reporters on Friday. The government has issued a regulation allowing exports of raw minerals under f...
Reuters
Fri, Mar 7
Bayer eyes exit from popular Roundup amid US legal risks
By Patricia Weiss and Ludwig Burger FRANKFURT, March 7 (Reuters) - Bayer BAYGn.DE has warned U.S. lawmakers it could stop selling the popular Roundup weedkiller if they cannot provide better legal protection against product liability litigation, according to a financial analyst and a person famil...
Reuters
Fri, Mar 7
Australia tells thousands to evacuate as tropical cyclone Alfred nears
Cyclone Alfred to hit early on Saturday near BrisbaneMore than 80,000 homes without power in two states Airport, public transport in Brisbane suspendedBy Renju Jose and Alasdair Pal SYDNEY, March 7 (Reuters) - Australia ordered thousands of people in its eastern regions to evacuate before Tropica...
Reuters
Fri, Mar 7
Freeport Indonesia may get around 1 million tons copper concentrate export quota, minister says
JAKARTA, March 7 (Reuters) - Copper miner Freeport Indonesia may get an export quota for around 1 million metric tons of copper concentrate, Energy and Mineral Resources Minister Bahlil Lahadalia told reporters on Friday.The government has issued a regulation allowing raw exports of mineral under fo...
Reuters
Fri, Mar 7
EXCLUSIVE-US to levy fees on China-linked ships, push allies to do likewise, draft executive order says
Order aims to impose fees on Chinese-built or flagged ships that dock in U.S. portsU.S. to engage partners, allies to impose similar measures or risk U.S. retaliationCOSCO, MSC, Maersk, among carriers that could see new U.S. port feesBy Jonathan Saul LONDON, March 6 (Reuters) - The United States ...
Reuters
Fri, Mar 7
TECHNICALS-CBOT soybeans to retest resistance at $10.35-1/4
For more technical analyses, please click SINGAPORE, March 7 (Reuters) - The CBOT soybean May contract SK25 is expected to retest resistance at $10.35-1/4 per bushel, a break above which could lead to a gain into $10.42-3/4 to $10.48-3/4 range.The bounce over the past two days looks so strong that i...
Reuters
Fri, Mar 7
Silver Price Forecast: XAG/USD holds steady above mid-$32.00s, over one-week top
Silver (XAG/USD) oscillates in a narrow band during the Asian session on Friday and currently trades above mid-$32.00s, near its highest level in over a week touched the previous day.
Silver
Fxstreet
Fri, Mar 7
CORRECTED-UK Treasury weighs cutting funding to GB Energy, FT reports
March 7 (Reuters) - Britain's Treasury department is weighing cutting funding plans for state-backed power company GB Energy in a spending review slated for June, the Financial Times reported on Friday.
Reuters
Fri, Mar 7
China's coal imports nudge up to record, but risks to outlook rise
BEIJING, March 7 (Reuters) - China's coal imports rose 2.1% year-on-year to a record high for the January-February period, official data showed on Friday, as arbitrage opportunities remained open, but risks grew for imports in the months ahead.
Reuters
Fri, Mar 7
China's Jan-Feb soybean imports rise 4.4% but expected to slow
By Mei Mei Chu BEIJING, March 7 (Reuters) - China's soybean imports rose in the first two months of the year, as supplies from the United States booked before U.S. President Donald Trump took office arrived, but traders said they could drop in March.Imports for January and February combined c...
Reuters
Fri, Mar 7
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Friday, according to data compiled by FXStreet.
Gold
Fxstreet
Fri, Mar 7
Gold price remains depressed above $2,900, US NFP awaited
Gold price trades with a mild negative bias for the second successive day on Friday, though it lacks follow-through selling and remains confined in a multi-day-old trading range.
Gold
Fxstreet
Fri, Mar 7
GRAINS-Corn, soybeans ease after rally; US tariff relief limits decline
Soybeans, corn tick lower after two days of strong gainsSuspension of tariffs on Mexico, Canada support pricesChina's Jan-Feb soybean imports at 13.61 mln TBy Naveen Thukral SINGAPORE, March 7 (Reuters) - Chicago corn and soybean futures slid on Friday, giving up gains made in the last two se...
Reuters
Fri, Mar 7
China's January-February copper imports fall 7.2% y/y to 837,000 tons
SHANGHAI, March 7 (Reuters) - China's unwrought copper imports declined by 7.2% year-on-year to 837,000 metric tons in the first two months of 2025, customs data on Friday showed, due to increased domestic smelting capacity that reduced the need for additional imports.Copper prices, both in Chin...
Reuters
Fri, Mar 7
METALS-Shanghai copper hits near five-month peak on China stimulus hopes
March 7 (Reuters) - Shanghai copper rose on Friday to its highest in nearly five months, buoyed by expectations of further stimulus from top consumer China to spur economic growth.The most-active copper contract on the Shanghai Futures Exchange SCFcv1 jumped 1% to 78,850 yuan ($10,875.71) a ton by 0...
Reuters
Fri, Mar 7
PRESS DIGEST- Financial Times - March 7
March 7 (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- SpaceX Starship rocket explodes minutes after launch- Private equity group Sycamore to take Walgreens private in up to $24bn deal- SEC...
Reuters
Fri, Mar 7
GRAINS-Corn, soybeans ease after rally; US tariff relief limits decline
SINGAPORE, March 7 (Reuters) - Chicago corn and soybean futures slid on Friday, giving up gains made in the last two sessions, although the suspension of U.S. tariffs on Mexico and Canada limited the downside in prices.Wheat edged lower with additional pressure from expectations of a bumper harvest ...
Reuters
Fri, Mar 7
Brazil touts 'positive' call with senior U.S. trade official
BRASILIA, March 6 (Reuters) - Brazilian Vice President Geraldo Alckmin on Thursday held a "positive" video call with U.S. Commerce Secretary Howard Lutnick that focused in part on U.S. tariff policy, the vice president's office said.
Reuters
Fri, Mar 7
WTI remains on the defensive near $66.00 amid tariff uncertainty
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.00 during the early Asian session on Friday.
WTI
Fxstreet
Fri, Mar 7
Trump hails $20 billion investment by shipping firm CMA CGM
WASHINGTON, March 6 (Reuters) - U.S. President Donald Trump on Thursday said French-based shipping firm CMA CGM would invest $20 billion in the United States to build out shipping logistics and terminals.The Trump administration wants to revive shipbuilding in the United States and weaken China'...
Reuters
Fri, Mar 7
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