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Kashmir's saffron growers experiment with indoor farming as climate pressures mount
By Sharafat AliPAMPORE, India, Jan 15 (Reuters) - Tucked in a valley beneath the snow-capped Himalayas of the Indian Kashmir region is the town of Pampore, famed for its farms that grow the world's most expensive spice - the red-hued saffron.This is where most of saffron is farmed in India, the worl...Reuters
Wed, Jan 15
Gold recovers ahead of US CPI inflation data
Gold’s price (XAU/USD) recovers initial weekly losses and edges higher for the second day in a row, trading in the $2,680s on Wednesday, after a softer-than-expected United States (US) Producer Price Index (PPI) release the previous day triggered substantial easing in US yields.
Fxstreet
Wed, Jan 15
BREAKINGVIEWS-Europe’s US gas pivot is a work in progress
The author is a Reuters Breakingviews columnist. The opinions expressed are her own.By Yawen ChenLONDON, Jan 15 (Reuters Breakingviews) - Donald Trump wants to sell Europe more gas. That sounds doable: the European Union needs more of it. And the trade might discourage the U.S. president-elect from...Reuters
Wed, Jan 15
BRIEF-Oil Product Deliveries To The Spanish Market From Fuel Distributor Exolum Terminals Increased By 5.3% In December YoY
Jan 15 (Reuters) - Exolum:OIL PRODUCT DELIVERIES TO THE SPANISH MARKET FROM FUEL DISTRIBUTOR EXOLUM TERMINALS INCREASED BY 5.3% IN DECEMBER YEAR ON YEARSource text: https://tinyurl.com/yc69zrn2Further company coverage: REP.MC (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;)...Reuters
Wed, Jan 15
Kremlin says EU sanctions on Russian aluminium would risk destabilising a 'fragile' global market
MOSCOW, Jan 15 (Reuters) - The Kremlin said on Wednesday that European Union sanctions on imports of Russian primary aluminium would risk destabilising an already 'fragile' global market. Reuters reported on Tuesday that the European Commission intends to propose a ban on imports of Russian primary...Reuters
Wed, Jan 15
IEA says new US sanctions could significantly disrupt Russian oil supply
LONDON, Jan 15 (Reuters) - The latest round of U.S. sanctions against Russian oil, announced last Friday, could significantly disrupt Russia's oil supply and distribution chains, the International Energy Agency (IEA) said in its monthly oil market report on Wednesday.The Paris-based agency held itsReuters
Wed, Jan 15
Oil: Uncertainty over how oil supplies evolve in the months ahead – ING
Oil prices fell yesterday with ICE Brent down 1.35% and settling below US$80/bbl. Reports of a potential ceasefire between Israel and Hamas would have supported this move. This is the first daily decline since the US announced stricter sanctions against the Russian energy sector.Fxstreet
Wed, Jan 15
UPDATE 1-After cable damage, Taiwan to step up surveillance of flag of convenience ships
Taiwan suspects Chinese-linked ship damaged undersea cableTaiwan pledges stepped up monitoringChina says Taiwan casting aspersions before facts clearAdds Taiwan coast guard comment, paragraphs 11, 12By Yimou Lee and Ben Blanchard TAIPEI, Jan 15 (Reuters) - Taiwan will step up the surveillance and...Reuters
Wed, Jan 15
TABLE-UAE's Fujairah oil inventory data for week ended Jan 13
Jan 15 (Reuters) - The Fujairah Oil Industry Zone on Wednesday published the following inventory data for oil products for the week ended Jan. 13, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume cha...Reuters
Wed, Jan 15
METALS-Copper prices retreat from one-month high on dollar strength
Updates pricesBy Violet Li SHANGHAI, Jan 15 (Reuters) - Most base metals declined on Wednesday, with copper pulling back from a one-month high, weighed down by a strong U.S. dollar.Three-month copper CMCU3 on the London Metal Exchange (LME) slid 0.3% to $9,123 per metric ton by 0722 GMT.The dolla...Reuters
Wed, Jan 15
