Spot LNG prices remain elevated due to US-Iran conflict

SINGAPORE, Mar 15 (Reuters): Asia spot liquefied natural gas prices edged down along with other energy prices in the past week, but remain elevated as Asia and Europe remain in competition for cargoes due to shipping disruption and QatarEnergy's halt to LNG production.The average LNG price for April delivery into...

Read more

Asian rice markets face cost pressures as ME war lifts fuel prices

Rice markets across Asia are facing mounting cost pressures as rising local fuel prices and shortages -- triggered by the ongoing Middle East conflict -- drive up expenses, multiple Asia-based market sources told Platts, part of S&P Global Energy.While weak international demand continues to weigh on FOB offers, rising local...

Read more

Malaysian palm oil posts weekly gain

JAKARTA, Mar 15 (Reuters): Malaysian palm oil futures rose on Friday and logged a second consecutive week of gains, as a surge in crude oil prices amid the Middle East conflict boosted demand for biodiesel feedstock.The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange was...

Read more