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COLUMN-Cobalt Holdings bets the battery metal's fortunes have turned: Andy Home
By Andy Home LONDON, May 29 (Reuters) - The price of cobalt has fallen so far over the last couple of years that even Congo's artisanal miners have given up on the battery metal. They have been swept aside by a wave of production from the Democratic Republic of Congo's (DRC) formal sector...Reuters
Thu, May 29
Kyushu Electric Power Co Inc - Entered Into LNG Sales And Purchase Agreement With U.S.-Based Energy Transfer LNG Export
May 29 (Reuters) - Kyushu Electric Power Co Inc 9508.T:KYUSHU ELECTRIC POWER CO INC: ENTER INTO LNG SALES AND PURCHASE AGREEMENT WITH U.S.-BASED ENERGY TRANSFER LNG EXPORTKYUSHU ELECTRIC POWER CO INC: ENERGY TRANSFER WILL SUPPLY UP TO 1 MILLION TONS PER YEAR OF LNG TO OUR COMPANY OVER 20-YEAR PERIO...Reuters
Thu, May 29
Gold price seems vulnerable below $3,300 amid tariffs news, stronger USD
Gold price (XAU/USD) touched a one-and-a-half week low, around the $3,246-3,245 area during the Asian session on Thursday in reaction to the news that a federal court blocked US President Donald Trump's trade tariffs from going into effect.
Fxstreet
Thu, May 29
TECHNICALS-CBOT soybeans may test support of $10.45-1/2
For more technical analyses, please click SINGAPORE, May 29 (Reuters) - The CBOT soybean July contract SN25 may test support of $10.45-1/2 per bushel, a break below which could open the way toward $10.37.A wave C from $10.73-1/4 has briefly travelled below its 61.8% projection level of $10.50-3/4. C...Reuters
Thu, May 29
Silver Price Forecast: XAG/USD hovers around nine-day EMA near $33.00
Silver price (XAG/USD) halts its two-day losing streak, trading around $33.20 per troy ounce during the Asian hours on Thursday. Technical analysis of the daily chart indicates a neutral bias, as the price of the precious metal consolidates within a rectangular pattern.
Fxstreet
Thu, May 29
Global aluminium producer slashes premium offer to Japan buyers, say sources
Offer down 20% from Q2 levelWeak sentiment from U.S. tariffs and higher Asia supply drive lower offer Buyers expect $100-$110/T premium By Yuka Obayashi TOKYO, May 29 (Reuters) - A global aluminium producer has offered Japanese buyers a premium of $145 per metric ton for July-September primary ...Reuters
Thu, May 29
Dalian iron ore rebounds after US court halts Trump's tariffs
By Michele Pek SINGAPORE, May 29 (Reuters) - Iron ore futures snapped a four-day losing streak on Thursday, buoyed by upbeat market sentiment after a U.S. federal court blocked President Donald Trump's "Liberation Day" tariffs from going into effect.The most-traded September iron ore ...Reuters
Thu, May 29
Global aluminium producer seeks Q3 premiums of $145/T from Japan buyers -sources
TOKYO, May 29 (Reuters) - A global aluminium producer has offered Japanese buyers a premium of $145 per metric ton for July-September primary metal shipments, down 20% from the current quarter, two sources directly involved in quarterly pricing talks said on Thursday. Japan is a major Asian importer...Reuters
Thu, May 29
Japan's rice crisis deepens as market giants scoop best grain
Japan’s rice supply debacle continues as the government is now seeking to lower the price of its stockpiled grain, and focus on discretionary contracts for smaller buyers. However, recent comments from agriculture minister Shinjiro Koizumi have drawn criticism regarding prices, preferential sellingCryptopolitan
Thu, May 29
METALS-London copper inches higher after US court blocks Trump's tariffs
By Brijesh Patel May 29 (Reuters) - London copper prices edged higher on Thursday, buoyed by upbeat market sentiment after a U.S. federal court blocked President Donald Trump's "Liberation Day" tariffs from going into effect, although a stronger dollar kept gains in check.Three-month ...Reuters
Thu, May 29
GRAINS-Wheat rises on poor US crop ratings, ample supply limits gains
CANBERRA, May 29 (Reuters) - Chicago wheat futures rose on Thursday, as lower-than-expected U.S. crop ratings helped prices to recover from a sell-off earlier in the week. However, prices remained near five-year lows amid sluggish demand and expectations that a strong Northern Hemisphere harvest wil...Reuters
Thu, May 29
FACTBOX-Trump's tariffs and threatened trade actions
May 28 (Reuters) - A U.S. trade court on Wednesday blocked President Donald Trump's tariffs from going into effect, ruling the president overstepped his authority by imposing across-the-board duties on imports from nations that sell more to the United States than they buy. The Trump administrati...Reuters
Thu, May 29
South Korea to send officials to Alaska energy conference, ministry says
SEOUL, May 29 (Reuters) - South Korea will send its Deputy Minister for Energy Policy and other energy ministry officials to the Alaska Sustainable Energy Conference in early June, the ministry said on Thursday, as some Asian countries consider investing in a $44 billion LNG project. Deputy Minis...Reuters
Thu, May 29
GRAINS-Wheat rises on poor US crop ratings, ample supply limits gains
CANBERRA, May 29 (Reuters) - Chicago wheat futures rose on Thursday as lower-than-expected U.S. crop ratings helped prices to recover from a sell-off earlier in the week. However, prices remained near five-year lows amid sluggish demand and expectations that a strong Northern Hemisphere harvest will...Reuters
Thu, May 29
South Korea to send officials to Alaska energy conference, ministry says
SEOUL, May 29 (Reuters) - South Korea will send its Deputy Minister for Energy Policy and other energy ministry officials to the Alaska Sustainable Energy Conference in early June, the ministry said in a statement on Thursday.Reuters
Thu, May 29
Oil prices climb as US court blocks Trump tariffs
By Katya Golubkova TOKYO, May 29 (Reuters) - Oil prices rose on Thursday after a U.S. court blocked President Donald Trump's tariffs from taking effect, while the market was watching out for potential new U.S. sanctions curbing Russian crude flows and an OPEC+ decision on hiking output in Jul...Reuters
Thu, May 29
Manitoba urges thousands to evacuate as Canada wildfires spread
Manitoba declares state of emergencyPremier says 17,000 need to move quickly Oil producer Cenovus Energy evacuates non essential workers By Ed White WINNIPEG, Manitoba, May 28 (Reuters) - Manitoba declared a state of emergency and urged thousands of people in northern and eastern parts of the pro...Reuters
Thu, May 29
Trump administration cancels Sunnova's $2.92 billion government loan guarantee
Sunnova no longer using Project Hestia loan guaranteeSunnova has $371 mln in bonds outstanding backed by cancelled guarantee, source says DOE Loan Programs Office faces uncertain future amid budget cutsBy Timothy Gardner and Nichola Groom WASHINGTON, May 28 (Reuters) - President Donald Trump'...Reuters
Thu, May 29
