Latest News for: Commodity producers

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Record profits and blockbuster dividends: Here come the miners

Beijing News 25 Jul 2021
Each of the group of five majors which includes Glencore, Anglo American and Vale SA are expected to report their biggest-ever earnings for the six months through June.Two biggest mininf firms, Rio and larger rival BHP have already been funneling record returns to shareholders.Iron ore has been a big driver of profit for the largest producers.
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All eyes on commodities amid debate over supercycle

Business Day 25 Jul 2021
Commodities have been booming over the past 15 months ... This is the second commodity bull market in two decades ... Historically, commodity cycles have followed a boom-bust pattern ... The SA economy depends heavily on the fortunes of the commodities it produces, recently in particular platinum group metals, of which SA has the largest reserves in the world.
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Singapore firm taps goodness of human milk with cell-based tech

Straits Times 25 Jul 2021
"We are creating a new category that is unlocking access to the naturally occurring ingredients This strategy will set us apart from existing companies who are focusing on using cell-based methods to produce (cattle) milk products that are commodities, as they face significant challenges in scalability and regulatory compliance.".
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Firm taps goodness of human milk with cell-based tech

Straits Times 25 Jul 2021
"We are creating a new category that is unlocking access to the naturally occurring ingredients This strategy will set us apart from existing companies who are focusing on using cell-based methods to produce (cattle) milk products that are commodities, as they face significant challenges in scalability and regulatory compliance.".
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Letter: Castronovo

Traverse City Record-Eagle 24 Jul 2021
Stealth inflation appears. Has anyone noticed the “stealth inflation” being implemented by the commodity producers? What they are doing is reducing the size/volume of their commodities and increasing the price, while the container size remains the same. An example is clothes washing detergent ... to 52 oz ... .
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EXCLUSIVE Commodity trader Freepoint faces U.S. bribery probe, sources say

Reuters 23 Jul 2021
Justice Department is investigating Connecticut-based trading house Freepoint Commodities over whether payments to employees of Brazil's state-run oil company broke U.S ... authorities to root out fraud and misconduct within the commodities sector ... Global commodity traders connect producers and consumers, taking a cut along the way.
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Kisan Sansad at Jantar Mantar: Farm laws face censure

The Times of India 23 Jul 2021
Forty-five speakers gave their opinion on the Farmers' Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 ... According to the Essential Commodities (Amendment) Act, any person can now store agricultural produce without limit.
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Fitch Ratings: EU’s 'Fit for 55' climate plan to fuel long-term costs of fertilizer producers

World Fertilizer 23 Jul 2021
The EU’s new ‘Fit for 55’ climate plan will increase carbon costs and CAPEX for European metals and fertilizer producers and for those exporting to the EU, according to Fitch Ratings ... Furthermore, high commodities prices in 2021 helped companies to materially reduce leverage.
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Mobilising Against the Corporate Hijack of Agriculture and the UN Food Systems Summit

Dissident Voice 23 Jul 2021
The model being promoted desires farmerless industrial-scale farms being manned by driverless machines, monitored by drones and doused with chemicals to produce commodity crops from patented GE seeds for industrial ‘biomatter’ to be processed and constituted into something resembling food.
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Farmers begin protest at Jantar Mantar, Tomar says govt still has ‘open mind’

Indian Express 23 Jul 2021
... November 26, 2020, demanding the repeal of The Farmers’ (Empowerment and Protection) Agreement of Price Assurance and Farm Services Act, The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, and The Essential Commodities (Amendment) Act, 2020.
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Tesla, BHP ink supply deal for nickel ahead of demand surge

Crunch 22 Jul 2021
The commodity producer in February said up to 50% of the electricity to power one of its nickel refineries would come from solar energy resources ... The commodity producer tried to sell Nickel West a number of times since around 2015, but it appears to have changed its tune with the ...
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Japan’s power plan will rattle coal, LNG exporters, including Qatar

Arab News 22 Jul 2021
But this comfortable situation for commodity producers supplying the world’s third-biggest economy may end if the draft of Japan’s latest energy policy is put into effect ... Australia, which vies with Qatar as the world’s biggest LNG producer, is again Japan’s top supplier, although it’s not quite as dominant a position as it is with thermal coal.
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Kisan Sansad Begins, Agri Laws Face Censure

The Times of India 22 Jul 2021
Forty-five speakers gave their opinion on the Farmers' Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 ... According to the Essential Commodities (Amendment) Act, any person can now store agricultural produce without limit.
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Farmers hunker down at Jantar Mantar, demand repeal of farm laws

Hindustan Times 22 Jul 2021
The farmers are demanding repeal of three farm laws that, together, seek to allow agrobusinesses to freely trade farm produce without restrictions, permit private traders to stockpile large quantities of essential commodities for future sales, and lay down new rules for contract farming.
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