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RPT-ANALYSIS-As Trump hails taking back of Panama Canal, Hong Kong Inc walks tightrope
Hong Kong increasingly squeezed by US-China tensionsHutchison's Panama Canal assets "politicised and weaponised" - China officialTwo HK conglomerates say anxiety, contingency planning has grownHong Kong's distinctiveness as freewheeling hub being eroded, say executivesBy Clare Jim, J...
Reuters
Thu, Mar 6
EXCLUSIVE-US to levy fees on ships linked to China, push allies to do similar – draft exec order
LONDON, March 6 (Reuters) - The United States is planning to charge fees for docking at U.S. ports on any ship that is part of a fleet that includes Chinese- built or Chinese-flagged vessels and will push allies to do similar or face retaliation, according to a draft executive order dated Feb 27 and...
Reuters
Thu, Mar 6
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. Lutnick is one of U.S. President Donald Trump's to...
Reuters
Thu, Mar 6
CIF/FOB Gulf Grain-Soybean, corn barge bids firm as Trump suspends some tariffs
CHICAGO, March 6 (Reuters) - Spot basis bids for corn and soybeans delivered by barge to the U.S. Gulf Coast turned higher on Thursday, as President Donald Trump suspended the 25% tariffs he imposed this week on most goods from Canada and Mexico, traders said.* Buyer interest in spot empty barge fre...
Reuters
Thu, Mar 6
Marathon to begin planned maintenance at Robinson, Illinois refinery, sources say
By Nicole JaoNEW YORK, March 6 (Reuters) - Marathon MPC.N will begin planned maintenance activities on units at its 255,000-barrel-per-day refinery in Robinson, Illinois on March 18, research company IIR and a source familiar with plant operations said on Thursday.The refinery's primary crude un...
Reuters
Thu, Mar 6
Japan buys 94,282 tons of food wheat via tender
TOKYO, March 7 (Reuters) - Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) bought a total of 94,282 metric tons of food-quality wheat from the U.S., Canada and Australia in a regular tender that closed late on Thursday.Japan, the world's sixth-biggest wheat importer, maintains...
Reuters
Thu, Mar 6
GRAINS-Corn, soy, wheat climb as Mexico earns tariff reprieve
By Julie Ingwersen CHICAGO, March 6 (Reuters) - Chicago corn futures surged nearly 2% on Thursday as trade tensions cooled with Mexico, the top buyer of U.S. corn, after President Donald Trump temporarily suspended steep tariffs that he had imposed on Mexico this week.Soybeans and wheat followed ...
Reuters
Thu, Mar 6
Silver Price Forecast: XAG/USD consolidates near $32.50 as doji emerges
Silver price consolidates, snapping three days of gains, trading near the $32.50 area, with buyers failing to prolong their advance to challenge the last cycle high of $33.39.
Silver
Fxstreet
Thu, Mar 6
El Paso Lifts Force Majeure On Lordsburg A Compressor Station Unit #1, New Mexico
March 6 (Reuters) - KINDER MORGAN'S KMI.N EL PASO NATURAL GAS COMPANY, L.L.C (EPNG):DECLARES FORCE MAJEURE AS IT EXPERIENCED EQUIPMENT FAILURE ASSOCIATED WITH DIMMITT COMPRESSOR STATION UNIT #3 LOCATED IN LAMB COUNTY, TEXASRELATED: nAQN2K3B25
Reuters
Thu, Mar 6
EXCLUSIVE-US withdraws from plan to help major global polluters move from coal
JETP formed to aid transition from coalSouth Africa, Indonesia, Vietnam and Senegal first beneficiariesUS Treasury confirms withdrawalBy Tim Cocks, Francesco Guarascio and Fransiska Nangoy March 5 (Reuters) - The United States is withdrawing from the Just Energy Transition Partnership, a collabor...
Reuters
Thu, Mar 6
CORRECTED-CBOT corn climbs after Mexico wins temporary reprieve from US tariffs
CHICAGO, March 6 (Reuters) - Chicago Board of Trade corn futures ended higher on Thursday as trade tensions eased after U.S. President Donald Trump exempted goods from Mexico for a month from the 25% tariffs that he had imposed earlier this week.CBOT May corn CK25 settled up 8-1/4 cents at $4.64 per...
Reuters
Thu, Mar 6
CANADA-CRUDE-Discount on Western Canada Select heavy crude narrows
March 6 (Reuters) - The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) CLc1 narrowed on Thursday, the same day President Donald Trump suspended the 25% tariffs he imposed this week on most goods from Canada and Mexico.* WCS f...
Reuters
Thu, Mar 6
State Dept says all waivers providing Iran economic relief are under review
By Daphne Psaledakis WASHINGTON, March 6 (Reuters) - The U.S. is reviewing all existing sanctions waivers that provide Iran any degree of economic relief, and urging the Iraqi government to eliminate its dependence on Iranian sources of energy as soon as possible, the U.S. State Department spokes...
Reuters
Thu, Mar 6
ANALYSIS-Brazil braces for more Chinese demand, higher food prices amid US trade war
Brazil likely to take more of China's import market from USHigher export demand to drive up domestic food pricesFood inflation already risen for five months in a rowGovt under severe pressure, to meet industry leaders ThursdayBy Roberto Samora and Gabriel Araujo SAO PAULO, March 6 (Reuters) -...
Reuters
Thu, Mar 6
US agency blocks vote to repeal California EV rules
By David Shepardson WASHINGTON, March 6 (Reuters) - The Government Accountability Office said on Thursday the Biden administration's approval of California's landmark plan to end the sale of gasoline-only vehicles by 2035 is not subject to review and potential repeal by Congress.Last ...
Reuters
Thu, Mar 6
US Cash Crude-Coastal grades ease further on new tariff uncertainty
March 6 (Reuters) - U.S. coastal grades eased further on Thursday, dealers said, as market participants wrangled with uncertainty around U.S. tariffs on Mexico and China, the imposition of which drove spot prices for the grades higher earlier this week.U.S. President Donald Trump exempted goods from...
Reuters
Thu, Mar 6
CBOT soybean futures end higher as trade tensions ease
CHICAGO, March 6 (Reuters) - Chicago Board of Trade soybean futures rose on Thursday as trade tensions cooled after U.S. President Donald Trump temporarily exempted goods from Mexico from steep tariffs that he had imposed this week.Mexico was the No. 2 buyer of U.S. soybeans in 2024 after China, and...
Reuters
Thu, Mar 6
CBOT wheat climbs, joining corn, soy, on Mexico tariff reprieve
CHICAGO, March 6 (Reuters) - Chicago Board of Trade wheat futures ended higher on Thursday, following advances in corn and soybeans after U.S. President Donald Trump temporarily exempted goods from Mexico from steep tariffs that he had imposed earlier this week.Mexico was the largest buyer of U.S. w...
Reuters
Thu, Mar 6
US Cash Grains-Corn, soy basis tick higher as futures bounce
CHICAGO, March 6 (Reuters) - Spot basis bids for soybeans and corn crept higher in the U.S. Midwest on Thursday as buyers attempted to lure farmers off the sidelines, though relatively low prices did little to encourage selling. * The soy basis rose at an Illinois river terminal and at an Iowa e...
Reuters
Thu, Mar 6
US withdraws from agreement on reducing coal use in developing countries, Treasury Department says
WASHINGTON, March 6 (Reuters) - The U.S. has withdrawn from the Just Energy Transition Partnership on reducing coal use in countries including South Africa, Indonesia and Vietnam, the Treasury Department said on Thursday.The announcement confirms a Reuters report on Wednesday about U.S. withdrawal f...
Reuters
Thu, Mar 6
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