Global cotton consumption may rise to a record 27.5 million tonnes in 2018/19: ICAC
Global cotton consumption is estimated to increase by 4 per cent to reach an all-time high of 27.5 million tonnes in 2018/19, the International Cotton …
Global gold demand declines in Q2; lowest in first half since 2009
Global gold demand remained muted in Q2 2018 at 964 tonnes, 4 per cent below the same period in 2017, according to the World Gold Council’s latest Gold …
Poor weather in key regions pushes IGC to reduce world wheat crop forecast to 5-year low
Global wheat production is likely to fall to a five-year low following significant downgrade to crop prospects in the European Union and Russia, the …
Global oil discoveries witness remarkable recovery in 2018 – report
Global discoveries of conventional oil and natural gas are seeing an exciting recovery with discovered resources already surpassing 4.5 billion barrels of oil …
Global crude steel output in June up 5.8 % to 151.4 million tonnes – worldsteel
World crude steel production was 881.5 Mt in the first six months of 2018, up by 4.6% compared to the same period in 2017, worldsteel said in a statement, …
Trade war escalation would knock 0.4% off world growth, says Fitch
An escalation of global trade tensions that results in new tariffs on USD2 trillion in global trade flows would reduce world growth by 0.4% in 2019, to 2.8% …
Asian growth steady despite rising trade tensions; India leads the way – ADB
Growth in Asia and the Pacific’s developing economies for 2018 and 2019 will remain solid as growth continues apace across the region, despite rising …
Global investment in renewables shrink threatening expansion of clean energy, says IEA
The International Energy Agency (IEA) sounded the alarm over a “worrying” pause in the shift to clean energy after global investment in renewables fell 7% …
Huge opportunity for India as Trump readies to hit another $200 billion worth of Chinese imports with tariffs
President Donald Trump escalated the trade war with China last week with the release of a list of more than $200 billion worth of Chinese exports to the US …
Global wheat and coarse grain supplies decreased; rice, oilseeds raised in latest WASDE
The latest World Agriculture Supply and Demand Estimate (WASDE) issued by the U.S. Department of Agriculture had the following details: Wheat Foreign 2018/19 …