Oryza White Rice Index - Holds Steady as Market Watches Thailand Political Crisis, El Nino Impact

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Category: Mercados - Fletes- Cotizaciones
Published on Sunday, 15 June 2014 18:48
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Jun 13, 2014

The Oryza White Rice Index, a weighted average of global white rice export quotes, ended this week at $462 per ton, unchanged from a week ago, up about $7 per ton from a month ago and down about $17 per ton from a year ago. ThailandThailand 5% broken rice (new crop) is today shown at about $385 per ton, up about $5 per ton from a week ago, up about $10 per ton from a month ago and down about $110 per ton from a year ago. The Thai Rice Farmers Association is asking the current military government to consider alternatives to assist rice farmers after the rice pledging scheme ended in February 2014.  In addition to recommending financial assistance in the

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Where is liner shipping heading?

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Category: Mercados - Fletes- Cotizaciones
Published on Sunday, 15 June 2014 18:44
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It could be an industry with mega-vessels or a monopoly
By
david hughes BT Premium
  

THERE are two incompatible but widespread views on today's liner shipping industry. One is that it is a highly efficient money-making machine that is increasingly dominated by a few players, to the detriment of cargo owners and, ultimately, consumers - PHOTO: BLOOMBERG

 

THERE are two incompatible but widespread views on today's liner shipping industry. One is that it is a highly efficient money-making machine that is increasingly dominated by a few players, to the

detriment of cargo owners and, ultimately, consumers. The other is that, despite continual efficiency gains, unregulated competition and resulting overcapacity prevent the

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China Steel Game Changer ‘Good News’ Says World’s Biggest Mill

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Published on Sunday, 15 June 2014 18:41
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By Bloomberg NewsJun 15, 2014 6:00 PM GMT+0200
 
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ArcelorMittal (MT), the world’s largest steelmaker, welcomed the potential removal of a near 10-year block on overseas takeovers in China’s steel industry.

ArcelorMittal is one of the few foreign steelmills with investments in China since the ban on overseas control was imposed in 2005. The world’s top producer and consumer is considering scrapping the ban which may be a catalyst for global mills to revive a push into China’s $423 billion steel sector where demand is seven times greater than in the U.S., the next biggest market.

“It’s good news that the government is moving forward on reforms and liberalization on foreign investment,” Lakshmi Mittal, the billionaire chief executive officer of ArcelorMittal, said in an interview

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Markets Live: Iron ore, Iraq sparks sell-off

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Published on Sunday, 15 June 2014 18:38
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Date
June 13,  2014

Patrick Commins

Miners led the market lower on a slumping iron ore price, while  conflict in Iraq spooked investors but pushed gold, energy stocks and the Aussie  higher.

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4:57pm: That’s it for Markets Live today.

Thanks for reading and your comments.

You can read a wrap-up of the action on the markets

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