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SOFTS-Cocoa futures rebound, raw sugar edges higher
LONDON, Nov 26 (Reuters) - London cocoa futures rose on Wednesday as industry buying helped the market to regain some ground after the previous session's fall to the lowest level in nearly two years. COCOALondon cocoa LCCc2 advanced 1.8% to 3,850 pounds a metric ton by 1144 GMT. Prices ...Reuters
Wed, Nov 26
Russia says the time for the Black Sea grain deal has passed
MOSCOW, Nov 26 (Reuters) - Russian Deputy Foreign Minister Sergei Ryabkov said on Wednesday that the time for the now-defunct deal for the safe passage of grain via the Black Sea has passed.Turkish President Tayyip Erdogan said last week that he planned to discuss the grain deal with Russian Preside...Reuters
Wed, Nov 26
INSIGHT-How sanctions made a showpiece Chinese refinery's Western partners run for the exits
Yulong refinery ramps up Russia oil buying after sanctions hitRefiner is top Chinese buyer by site of seaborne Russian crudeWidening Western sanctions drive bifurcation of global oil tradeYulong overseas customers, banks, service providers cut accessGlobal oil firms cut sales to Yulong after sanctio...Reuters
Wed, Nov 26
Don’t expect Ukraine peace deal to alter Europe’s gas gameplan: Bousso
LONDON, Nov 26 (Reuters) - Europe’s gas market is far calmer today after years of turmoil that saw the region swap Russian supplies for liquefied natural gas (LNG) imports, a strategy that is unlikely to change even if U.S. President Donald Trump brokers a peace deal in Ukraine.The ...Reuters
Wed, Nov 26
Caspian pipeline says it has raised oil exports by 9 million tons so far this year
MOSCOW, Nov 26 (Reuters) - The Caspian Pipeline Consortium, which supplies oil from Kazakhstan and Russia via a Black Sea terminal, said it had shipped more than 65.5 million metric tons of oil from January to November 21, 9 million tons more than a year earlier.Reuters
Wed, Nov 26
Mitsubishi Materials to cut primary copper smelting volume by 30% to 40% by 2035
By Yuka Obayashi TOKYO, Nov 26 (Reuters) - Japan's Mitsubishi Materials 5711.T plans to cut its primary copper smelting volume by 30-40% by the 2035 financial year as it shifts toward secondary smelting to improve profitability, it said on Wednesday.Japanese copper smelters are grappling with...Reuters
Wed, Nov 26
INSIGHT-How sanctions made a showpiece Chinese refinery's Western partners run for the exits
Yulong refinery ramps up Russia oil buying after sanctions hitRefiner is top Chinese buyer by site of seaborne Russian crudeWidening Western sanctions drive bifurcation of global oil tradeYulong overseas customers, banks, service providers cut accessGlobal oil firms cut sales to Yulong after sanctio...Reuters
Wed, Nov 26
RWE and Apollo Global Management close transaction for German power grid
Nov 26 (Reuters) - German power utility RWE RWEG.DE and U.S. investor Apollo Global Management APO.N said on Wednesday that they successfully closed their partnership transaction for a joint venture to fund power grid upgrades in Germany.The new JV will help fund the expansion of the electricity tra...Reuters
Wed, Nov 26
PRECIOUS-Gold near two-week peak as tepid US data fuels Fed cut bets
Traders see 83% chance of US interest rate cut in DecemberUS retail sales rose less than expected in SeptemberUS consumer confidence falls in NovemberBy Noel John Nov 26 (Reuters) - Gold prices rose to a near two-week high on Wednesday, after benign U.S. economic data reinforced expectations of a...Reuters
Wed, Nov 26
European Gas falls to 18-month low – ING
European Gas prices extended their decline to an 18-month low as peace talks and mild weather forecasts pressured the market and widened the JKM–TTF spread, raising the risk of slower LNG inflows, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Wed, Nov 26
China's Guangzhou Futures Exchange sets benchmark prices for palladium, platinum futures
BEIJING, Nov 26 (Reuters) - China's Guangzhou Futures Exchange said on Wednesday it has set the benchmark prices for palladium futures at 365 yuan ($51.56) per gram and those for platinum futures at 405 yuan per gram, according to two notices released on its website.The palladium and platinum fu...Reuters
Wed, Nov 26
Serbia prepares amendment to enable takeover of Russian-owned refiner, official says
BELGRADE, Nov 26 (Reuters) - Serbia is preparing an amendment to the draft budget law that would enable it to take ownership of its Russian-owned, U.S.-sanctioned oil refiner NIS NIIS.BEL, the parliament speaker told Euronews Serbia on Tuesday. The U.S. Treasury Department’s Office of Foreign Assets...Reuters
Wed, Nov 26
