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US Plains HRW Wheat-Basis bids tick lower as contract rolls
CHICAGO, Nov 28 (Reuters) - Basis bids for hard red winter wheat were lower in the U.S. Plains on Friday as merchandisers rolled their basis bids to the K.C. March hard red winter wheat contract KWH26 from the December contract KWZ25, dealers reported.Markets were closed on Thursday.Trade was quiet ...
Reuters
Fri, Nov 28
India-Canada trade deal could guarantee some Canadian pulse sales, envoy says
By Ed White REGINA, Saskatchewan, Nov 28 (Reuters) - India's government is considering guaranteeing Canada ongoing pulse crop sales so its farmers keep growing the vital protein source, Indian High Commissioner to Canada Dinesh Patnaik said during a visit to Saskatchewan.The leaders of India ...
Reuters
Fri, Nov 28
Tanker hit by blast and fire north of Turkey's Bosphorus strait, agency says
ISTANBUL, Nov 28 (Reuters) - An explosion and fire broke out in the engine room of a tanker in the Black Sea to the north of Turkey's Bosphorus strait on Friday, shipping agency Tribeca said.The tanker Kairos, sailing under the Gambian flag and in ballast, was some 52 miles north of the Bosphoru...
Reuters
Fri, Nov 28
Russian gas and crude supplies for Hungary secured, minister says
BUDAPEST, Nov 28 (Reuters) - Russia will deliver the agreed crude and gas supplies to Hungary according to the existing contract, Foreign Minister Peter Szijjarto said on Friday after a meeting between President Vladimir Putin and Hungarian Prime Minister Viktor Orban.Putin greeted Orban in Moscow o...
Reuters
Fri, Nov 28
Hyundai, Tata want India to drop fuel emission concessions seen benefiting Suzuki
Weight-based concessions split India's car industryThe 909-kg cutoff is arbitrary, company executives sayHyundai, Mahindra say concessions risk hurting India's EV pushMaruti defends move, says small cars emit less CO2 than big SUVsBy Aditi Shah NEW DELHI, Nov 28 (Reuters) - India's bi...
Reuters
Fri, Nov 28
US Cash Grains-Corn basis steady-down, soy bids stable in slow trade
CHICAGO, Nov 28 (Reuters) - Basis bids for corn were steady to lower and soybean bids were steady in the U.S. Midwest on Friday as trade was slow after the Thanksgiving holiday and ahead of the weekend. Markets were closed on Thursday for the U.S. Thanksgiving holiday. The U.S. Department of Agricul...
Reuters
Fri, Nov 28
US natural gas futures set for third straight monthly gain on cold weather outlook
By Noel John Nov 28 (Reuters) - U.S. natural gas futures climbed over 3% on Friday to a near nine-month high, and were poised for a third straight monthly gain, driven by forecasts for colder weather and higher demand, while a bigger-than-expected storage withdrawal data this week provided suppor...
Reuters
Fri, Nov 28
Borusan Mannesmann Boru Says It Decides To Transfer Certain Idle Machinery From Turkey To Borusan Berg Pipe In United States
Nov 28 (Reuters) - Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret BRSAN.IS:BORUSAN MANNESMANN BORU - DECIDES TO TRANSFER CERTAIN IDLE MACHINERY FROM TURKEY TO BORUSAN BERG PIPE IN UNITED STATESBORUSAN MANNESMANN BORU - MACHINERY AND EQUIPMENT TO BE TRANSFERRED ARE USED IN COATING PROCESS OF LAR...
Reuters
Fri, Nov 28
As testimony closes in Trafigura fraud case, Gupta denies knowledge of duplicate cargoes
Gupta's firms allegedly created duplicate bills of ladingTrial to resume December 10 with closing argumentsGupta's UD Group aimed for expansion into Europe, Russia, AfricaBy Eric Onstad LONDON, Nov 28 (Reuters) - Indian businessman Prateek Gupta, accused by commodity group Trafigura of or...
Reuters
Fri, Nov 28
UK court dismisses challenge to issuing of oil and gas exploration licences
LONDON, Nov 28 (Reuters) - Britain's decision to issue more than two dozen oil and gas exploration licences was lawful, London's High Court ruled on Friday, dismissing a challenge by campaigners who said the government failed to consider the impact on climate change.Marine conservation organ...
Reuters
Fri, Nov 28
Serbia says U.S.-sanctioned NIS oil refinery idle until Dec 2, seeks sanctions waiver
BELGRADE, Nov 28 (Reuters) - Serbia's U.S.-sanctioned and Russian-owned NIS oil refinery will continue to operate in so-called idle mode until December 2 as the country expects a sanctions reprieve, energy minister Dubravka Djedovic Handanovic said on Friday. The U.S. Treasury Department’s Offic...
Reuters
Fri, Nov 28
US LNG plants pull record amount of gas, LSEG data show
By Curtis WilliamsHOUSTON, Nov 28 (Reuters) - U.S. demand for natural gas to be turned into LNG surpassed 19 billion cubic feet on Friday, keeping gas usage at a record-high level for the third straight day, according to preliminary data from financial firm LSEG.The U.S. is the world's largest ...
Reuters
Fri, Nov 28
ADVISORY-US cash crude report will not be published on November 28
Nov 28 (Reuters) - The U.S. cash crude assessment CRU/TU and U.S. cash crude report CRU/C will not be published on Friday, November 28, due to the Thanksgiving holiday. Reuters will resume pricing on Monday, December 1
Reuters
Fri, Nov 28
PRESS DIGEST-Canada - 28
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAILPrime Minister Mark Carney signed an agreement with Alberta's premier on Thursday that rolls back certain climate rules to...
Reuters
Fri, Nov 28
SOFTS-Cocoa prices extend rally off nearly two-year lows
LONDON, Nov 28 (Reuters) - Cocoa prices traded on the ICE exchange surged on Friday as the market extended its rally off this week's two-year lows on the view that bearish news is priced in for now while technical signals point to oversold conditions. COCOALondon cocoa LCCc2 rose 1.8% t...
Reuters
Fri, Nov 28
CBOT Calls-Wheat down 2 cents, corn down 1-up 1, soy down 1-up 2
CHICAGO, Nov 28 (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 Friday. NOTE: Markets were closed for the Thanksgiving holiday and trading was scheduled to end early on Friday at 12:05 p....
Reuters
Fri, Nov 28
Copper surges above $USD per ton amid supply concerns – Commerzbank
The Copper price has risen above the $USD per ton mark again this week. The increase was fueled by various statements made during a Copper industry conference in Shanghai, Commerzbank's FX analyst Volkmar Baur notes.
Fxstreet
Fri, Nov 28
Silver surges above $54, outpacing Gold – Commerzbank
The Silver price rose from $50 to more than $54 per troy ounce since the beginning of the week. The rise in the price of Silver thus eclipsed that of Gold. The Gold/Silver ratio subsequently fell to an annual low of just over 77, Commerzbank's commodity analyst Carsten Fritsch notes.
Silver
Fxstreet
Fri, Nov 28
China’s Gold imports plunge to seven-month low – Commerzbank
China’s appetite for Gold is slowing as imports fall to seven-month lows, while exports to Hong Kong surge, pushing net imports 45% below last year’s level, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold
Fxstreet
Fri, Nov 28
India’s Russian Oil imports set five-month high in November – Commerzbank
There have been numerous indications recently that refineries in India would purchase less Russian Oil due to US sanctions. However, this is not yet reflected in the figures.
Fxstreet
Fri, Nov 28
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