Global wheat supplies seen up in 2018/19 on higher production
The U.S. Department of Agriculture (USDA) raised global 2018/19 wheat supplies by 6.7 million tons on both increased production and beginning stocks, with the …
India’s steel demand seen rising with other developing nations despite challenges
As India recovers from the twin shocks of demonetisation and the goods and services tax (GST) implementation, its steel demand is expected to move back to a …
Steel demand in developed world healthy, growth to moderate – worldsteel
Steel demand in developed economies is expected to increase by 1.0% in 2018 and 1.2% in 2019, worldsteel said in its latest short range outlook. US steel …
Global steel demand to rise 1.4% to 1,681 Mt in 2019, China demand growth seen slowing – worldsteel
Global steel demand will reach 1,657.9 Mt in 2018, an increase of 3.9 percent over last year, and further rise by 1.4 percent to 1,68 Mt in 2019, worldsteel …
Iran, Venezuela and US Shale output to drive oil prices, says Fitch
Iranian and Venezuelan oil production levels, along with the pace of US shale growth, will drive oil prices in the medium term, Fitch Ratings said in a note, …
Global wheat supplies reduced; coarse grain, oilseeds output lowered in latest USDA forecast
The U.S. Department of Agriculture (USDA) said it was reducing global 2018/19 wheat supplies forecast, primarily on lower production forecasts for Australia …
Fuel price reduction to hit Indian OMCs’ financial profiles
The Indian government’s directive to the country’s three state-owned oil marketing companies (OMCs) to reduce petrol and diesel prices will have a …
FAO raises its 2018 cereal production forecast, still below 2017 record
The UN food agency FAO has raised its forecast for this year’s global cereal production to 2 591 million tonnes, still 2.4 percent below the record high …
Robust supplies pushed global food prices down in September — FAO
Global agricultural food commodity prices fell in September due to growing inventories of key staples, the UN food agency said in its latest monthly report. …
Gold demand in India to rise by 25% due to higher MSP to farmers – report
India’s gold demand is likely to surge 25 per cent in the second half of this year on improved purchasing power of farmers owing to higher minimum support …