News
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FACTBOX-Automakers pool with EV makers to avoid EU emissions fines
MILAN, Oct 21 (Reuters) - Automakers have formed alliances to help them avoid hefty European Union fines on carbon emissions by purchasing credits from electric vehicle companies.Several legacy automakers face potential fines as the transition to EVs in Europe has proved slower than expected in rece...Reuters
Tue, Oct 21
Carney cautious about report of potential Canadian trade deal with US
OTTAWA, Oct 21 (Reuters) - Canadian Prime Minister Mark Carney on Tuesday expressed caution after a newspaper reported he might soon sign a trade deal on steel and aluminum with the U.S., saying "I wouldn't overplay it." The Globe and Mail, citing sources familiar with the matter...Reuters
Tue, Oct 21
Chinese importers commit to buying Brazil deforestation free beef, says NGO
BRASÍLIA, Oct 21 (Reuters) - A powerful association of Chinese beef importers has committed to buying Brazilian meat free of deforestation in an unprecedented move, according to Brazilian NGO Institute for Forest and Agricultural Management and Certification (Imaflora) on Tuesday.Imaflora, which is ...Reuters
Tue, Oct 21
PRECIOUS-Gold retreats after record surge, investors await key US CPI data
Gold hit record high of $4,381.21/oz on MondayFocus on US inflation data due on FridayTrump to meet Xi Jinping next week in South KoreaSilver down about 7%By Noel John and Sherin Elizabeth Varghese Oct 21 (Reuters) - Gold prices fell over 4% on Tuesday, as the dollar firmed and investors booked p...Reuters
Tue, Oct 21
Colder outlook, robust LNG flows lift U.S. natgas to two-week high
November contract hit its highest since October 8Weather shift driving prices, analysts sayColder weather forecast boosts heating demandLower 48 states see decline in gas outputBy Sherin Elizabeth Varghese Oct 21 (Reuters) - U.S. natural gas futures hit a two-week high on Tuesday, underpinned by ...Reuters
Tue, Oct 21
Brazil 2025/26 sugar output expected to rise to 41.42 mln metric tons, Datagro says
SAO PAULO, Oct 21 (Reuters) - Brazil's sugar production in the 2025-2026 season is expected to rise 3.1% versus the previous season to 41.42 million metric tons, Plinio Nastari, president of Agribusiness consultancy Datagro, said on Tuesday.The increase is expected despite a slight drop in sugar...Reuters
Tue, Oct 21
Supplies to India, UK, France drive Swiss September gold exports up 74% y/y
LONDON, Oct 21 (Reuters) - Gold exports from Switzerland rose 74% year-on-year in September as deliveries to India, Britain and France jumped, Swiss customs data showed on Tuesday, indicating high investment demand despite the gold price XAU= rally.Supplies to India rose to 30 metric tons, their 10-...Reuters
Tue, Oct 21
Gold retreats after record surge, investors await key US CPI data
Gold prices fell over 3% on Tuesday, as the dollar firmed and investors booked profits after expectations of U.S. interest rate cuts and sustained safe-haven demand drove the yellow metal to a fresh record high in the previous session.
Reuters
Tue, Oct 21
Nutrien to shut down Trinidad nitrogen operations
Oct 21 (Reuters) - World's top potash producer Nutrien NTR.TO said on Tuesday it has started a controlled shutdown of its Trinidad nitrogen operations at the Point Lisas facility, effective October 23.The company cited port access restrictions imposed by Trinidad and Tobago's National Energy...Reuters
Tue, Oct 21
CBOT Trends-Wheat down 2-3 cents, corn down 1-2, soybeans up 1-2
CHICAGO, Oct 21 (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. CDT (1330 GMT) on Tuesday.NOTE: The U.S. government remains shut down, suspending many government reports. WHEAT - Down 2 to 3 cent...Reuters
Tue, Oct 21
Copper market continues to see supply surplus in August – Commerzbank
According to the International Copper Study Group, the global Copper market recorded a supply surplus of 147 thousand tons in the first eight months of the year, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.Fxstreet
Tue, Oct 21
EU eases deforestation law for smallholders but keeps 2025 start
Law bans EU sales of commodities that have caused deforestationPushback from industries and governments on EU's green agendaReduced reporting needs for smallholders in low-risk countries Still needs approval from EU governments and EU parliamentBy Philip Blenkinsop BRUSSELS, Oct 21 (Reuters) ...Reuters
Tue, Oct 21
Nutrien Commences a Controlled Shut Down of Its Trinidad Nitrogen Operations
Oct 21 (Reuters) - Nutrien Ltd NTR.TO:NUTRIEN COMMENCES A CONTROLLED SHUT DOWN OF ITS TRINIDAD NITROGEN OPERATIONSNUTRIEN LTD - EXPECTS 2025 NITROGEN SALES VOLUME OF 10.7-11.2 MILLION TONNESNUTRIEN LTD - SHUTDOWN DUE TO NEC PORT RESTRICTIONS AND GAS SUPPLY ISSUESReuters
Tue, Oct 21
China again imported more crude Oil than needed in September – Commerzbank
Nevertheless, there was a surplus of 570,000 barrels per day in China in September when crude Oil processing data is compared with crude Oil import and domestic crude Oil production data, Commerzbank's commodity analyst Carsten Fritsch notes.Fxstreet
Tue, Oct 21
Fall in China's exports of rare earth magnets stokes supply chain fears
China's exports of rare earth magnets fell 6.1% in SeptemberFall in exports fuels trade leverage concerns Xi-Trump summit in S. Korea may tackle rising trade tensionBy Joe Cash BEIJING, Oct 20 (Reuters) - China's exports of rare earth magnets fell in September, reigniting fears that th...Reuters
Tue, Oct 21
