ΟΙΚΟΝΟΜΙΑ
Chile copper output edges down in March, dragged by Codelco
Copper output in Chile, the world's largest producer of the metal, edged down in March, data from copper commission Cochilco showed on Friday, as production slid at state-run miner Codelco COBRE.UL but rose at other major mines in the country.
Egypt procured 900,000 tons of local wheat since April 13, supply ministry says
Egypt, a major wheat importer, has procured 900,000 metric tonsof local wheat thus far in the harvest season that started on April 13, about 30% of its target, the supply ministry said on Monday.
Iron ore price set for 3rd weekly rise on China demand
Iron ore futures were poised for a third straight weekly rise as prices largely consolidated gains on Friday, with improving demand in top consumer China countering higher portside inventories.
Iron ore climbs to multi-week high on lower shipments, hopes of China stimulus
Dalian iron ore climbs over 2% to nearly 3-week high
Singapore benchmark at five-week high
Coking coal up nearly 4%, coke up over 2.5%
Gold bulls eye more record highs despite lightning gains
An upgraded gold price forecast for 2024 from Nicky Shiels, head of metals strategy at Swiss gold refinery MKS PAMP, drew an unexpected follow-up question this week from market participants. The enquiry was: "Will or can gold 'go cocoa'?"
Baltic index hits near 6-week low on lower vessel demand
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a ninth straight session on Tuesday to a near six-week low as rates fell across vessel segments.
ASIA COFFEE-Prices at record high in Vietnam as dry weather drives supply concerns
Vietnamese coffee prices rose to an all-time high this week, supported by exceptionally tight supplies and concerns dry weather would reduce next year's crop, traders said Thursday.
