Pakistan military to play key role in developing giant Afghan copper and gold mines

Pakistan’s military is taking a key role in the development of one of the world’s biggest untapped copper and gold deposits, which is currently stalled by a multi-billion dollar legal wrangle with foreign mining firms, multiple sources familiar with the situation revealed to Reuters News Agency. The Reko Diq mine has become a test case […]

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World cotton stocks may fall to 17.6 million tonnes in 2018-19: ICAC

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By the conclusion of the 2018/19 season, world cotton stocks are projected to drop to 17.6 million tonnes, reflecting a decrease of 5 per cent from the previous year and registering the fourth straight year of decline, the International Cotton Advisory Committee (ICAC) said in its latest report. Consumption is expected to remain steady but […]

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Chinese revision sees hike in global rice supplies

Global 2018/19 rice supplies are seen increasing by 17.7 million tons to 651.4 million, mostly due to revisions for China, the U.S. Department of Agriculture (USDA) said in its latest monthly report. USDA incorporated China’s rice production revisions from 2007/08 through 2017/18, which consequently raised its supplies over this multi-year period. “The cumulative increases in […]

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Global cotton stocks projected to decrease 10% in 2018/19 – ICAC

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Global cotton reserves are seen falling to nine-year lows in the 2018/19 season due to a fall in production and a simultaneous rise in consumption, the International Cotton Advisory Committee (ICAC) said in a statement. The inter-governmental body projected a 3% decrease in production, a 3% increase in consumption, and a 10% drop in global […]

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Global cotton output seen higher in 2018/19 on larger crops in the US, Argentina and Turkey

Global cotton production for 2018/19 is forecast up, on larger crops in the United States, Argentina and Turkey, partially offset by lower production in Uzbekistan and Australia, the United States Department of Agriculture (USDA) said in its latest world agri report. It said trade is projected higher with larger India and West Africa exports supporting […]

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