Commodities & Futures News

Commodities & Futures News

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21 Feb

Australia Downplays Report Chinese Port Has Banned Its Coal

Australia Downplays Report Chinese Port Has Banned Its Coal

(Bloomberg) -- Australia’s Treasurer Josh Frydenberg downplayed reports that a major port in northern China has banned coal imports from Australia and says trade ties between the two nations are “exceptionally strong.”

21 Feb

Mexico president says no more Pemex oil joint ventures for now

Mexico President Says No More Pemex Oil Joint Ventures For Now

MEXICO CITY (Reuters) - President Andres Manuel Lopez Obrador said on Thursday Mexico will not offer more oil joint ventures between private companies and state energy company Pemex indefinitely, raising doubts about auctions set for October.

21 Feb

U.S. farm exports expected to fall $1.9 billion in 2019, led by China: USDA

U.S. Farm Exports Expected To Fall $1.9 Billion In 2019, Led By China: USDA

WASHINGTON (Reuters) - The U.S. Department of Agriculture expects the value of U.S. farm exports to drop by $1.9 billion to $141.5 billion in fiscal 2019 from a year earlier, led by a steep decline in shipments to China due to an ongoing trade dispute, a department official said on Thursday.