Asian spot LNG prices edge up amid high inventories, muted demand
LONDON, Nov 21 (Reuters): Asian spot liquefied natural gas prices rose slightly this week, but remained around the $11 area on well-stocked inventories and weak demand.The average LNG price for January delivery into north-east Asia was $11.66 per million British thermal units, up from $11.10/mmBtu last week, industry sources estimated."The...
Read more
Price volatility saps gold demand in top Asian hubs
Physical gold demand across major Asian markets remained weak this week, as volatility in rates deterred potential buyers from making purchases, reports Reuters.This week, Indian dealers were offering a discount of up to $21 per ounce compared with official domestic prices, including 6% import and 3% sales levies, down from...
Read more
Copper giant Codelco signs deal with Adani for exploration in Chile
SANTIAGO, Nov 21 (Reuters): Chilean miner Codelco and India's Adani Group have signed an agreement for a copper project exploration in Chile, Codelco said in a statement on Friday. The agreement includes the review of three copper projects and sets the framework for potential joint development, the Chilean state-run miner...
Read more
Global coffee prices plunge after Trump removes tariffs on Brazil
LONDON, Nov 21 (Reuters): Global coffee prices plunged on Friday after US President Donald Trump removed 40 per cent tariffs on imports of Brazilian agricultural products.US retail coffee prices rose an annual 40 per cent in September, due in part to tariffs. Rising food prices are a major factor behind...
Read more
