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EUROPE GAS-Prices rise amid colder weather forecasts
LONDON, March 6 (Reuters) - Dutch wholesale gas prices rose on Thursday morning amid a colder weather forecast and a chance for a rebound following two sessions of declines.The benchmark front-month contract at the Dutch TTF hub TRNLTTFMc1 was up 0.28 at 41.28 euros per megawatt hour (MWh), or $13....Reuters
Thu, Mar 6
PRECIOUS-Gold falls as dollar recovers slightly; US payrolls data eyed
Trump administration gives Canada, Mexico one-month auto tariff reprieveGold up more than 10% so far this yearNon-farm payrolls report on Friday By Anjana Anil and Anushree Mukherjee March 6 (Reuters) - Gold fell on Thursday, hurt by a slight recovery in the U.S. dollar and higher Treasury yi...Reuters
Thu, Mar 6
US will struggle to replace copper, aluminium at home if tariffs take effect, says ANZ
March 6 (Reuters) - The U.S. will find it hard to replace imported aluminium and copper in the event of tariffs as the world's biggest economy is heavily reliant on offshore supplies, ANZ said on Thursday.Reuters
Thu, Mar 6
Mexican fuel oil heads to Asia, Europe in March on Trump tariffs
Mexican fuel oil cargoes are heading to Asia and Europe this month as higher prices draw supply, while traders eye more diversions after U.S. President Donald Trump imposed tariffs on imports this week, trade sources and analysts said.Reuters
Thu, Mar 6
ASIA COFFEE-Domestic prices edge up in Vietnam on global cues, discounts widen in Indonesia
By Phuong Nguyen and Mas Alina Arifin HANOI, March 6 (Reuters) - Domestic prices edged up in Vietnam this week following an increase in global prices and modest supplies, while discounts widened in Indonesia, traders said on Thursday. Farmers in the Central Highlands, Vietnam's largest coffee...Reuters
Thu, Mar 6
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $66.41 per barrel, up from Wednesday’s close at $66.22. Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $69.33 price posted on Wednesday, and trading at $69.50.Fxstreet
Thu, Mar 6
Global aluminium producers seek Q2 premium of $245-$260/T from Japan buyers, sources say
Buyers consider offers too high, with spot prices below $200/TQ1 premium agreed at $228/T, highest in nearly 10 yearsNegotiations expected to continue until later this monthBy Yuka Obayashi TOKYO, March 6 (Reuters) - Global aluminium producers have sought premiums of $245-$260 per metric ton from...Reuters
Thu, Mar 6
Africa Oil Corp bullish on Nigeria growth, Namibia long game
CAPE TOWN, March 6 (Reuters) - Canada's Africa Oil Corporation AOI.TO will double its Nigerian output and the size of its reserves there once it completes its deal for full ownership of Prime Oil next Tuesday, a senior company executive said.Africa Oil will increase to full ownership its shareho...Reuters
Thu, Mar 6
METALS-LME copper hits near 3-week high on dollar pullback, China stimulus hopes
March 6 (Reuters) - London copper prices hit a near three-week high on Thursday, supported by a sharp pullback in the U.S. dollar and hopes for more stimulus from top consumer China to help boost economic growth.Three-month copper on the London Metal Exchange (LME) CMCU3 was up 0.2% at $9,606 a metr...Reuters
Thu, Mar 6
China raises 2025 budget for grain stockpiling, targets higher domestic output
China sets 2025 grain, oils stockpile budget of $18.12 billionAllocates $7.44 billion in agricultural insurance subsidiesRaises 2025 grain output target to around 700 million tonsBy Mei Mei Chu BEIJING, March 5 (Reuters) - China raised its annual grain production target on Wednesday to around 700...Reuters
Thu, Mar 6
TECHNICALS-CBOT soybeans may retrace into $10.03-1/4 to $10.08 range
For more technical analyses, please click SINGAPORE, March 6 (Reuters) - The CBOT soybean May contract SK25 may retrace into a range of $10.03-1/4 to $10.08 per bushel, as its bounce seems to have lost momentum around resistance at $10.22-1/2.The dissipation of the bullish momentum indicates the com...Reuters
Thu, Mar 6
GRAINS-Soybeans, corn, wheat rise for second session on tariff relief hopes
Agricultural markets recover from multi-month lowsWhite House may exempt some tariffs on Canada, MexicoBy Naveen Thukral SINGAPORE, March 6 (Reuters) - Chicago soybean, corn and wheat futures gained more ground on Thursday, with agricultural markets supported by indications that U.S. tariffs agai...Reuters
Thu, Mar 6
Citi predicts ex-US copper prices to fall to $8,500/mt in Q2 2025
March 6 (Reuters) - Citi expects ex-U.S. copper pricing to fall to $8,500 per metric ton (mt) in the second quarter of this year as investors unwind copper positions due to tariff headwinds, it said in a note on Thursday.Reuters
Thu, Mar 6
Gold price consolidates near one-week top amid trade jitters, bearish USD
Gold price (XAU/USD) trades with a positive bias during the Asian session on Thursday and remains close to a one-week high touched on the previous day, though it lacks follow-through buying. Investors remain concerned about US President Donald Trump's tariff measures, which continue to act as a...
Fxstreet
Thu, Mar 6
Fire at nuclear power plant in southern Taiwan put out, no safety concern, power company says
TAIPEI, March 6 (Reuters) - A fire that broke out at a nuclear power plant in southern Taiwan was put out and posed no safety concern, the Taiwan Power Company said on Thursday.The company said in a statement that the fire at the Maanshan nuclear power plant in southern Pingtung county was some 50 m...Reuters
Thu, Mar 6
