Commodities

Commodities

What to watch in commodities: virus, oil, copper, iron ore, IEA

(July 6): Commodity investors will get critical insights into energy, metals and crop markets this week against a backdrop of better-than-expected economic data and countervailing concern over the

Commodities

Halcyon Agri to raise $174.7 mil via rights issue of new shares

SINGAPORE (June 22): Halcyon Agri has announced it is undertaking a renounceable non-underwritten rights issue to raise net proceeds of $174.7 million in a bid to strengthen its capital s

Commodities

Coal's long winter of discontent

The push towards cleaner renewable energy sources and weak demand for electricity during the pandemic have caused the demand for coal to

Commodities

Noteholders snub Geo Energy's bid as coal miner tries to prove higher reserves

SINGAPORE (June 19): The Covid-19 outbreak has caused already soft coal prices to weaken further as demand for energy drops.

Commodities

Geo Energy Resources granted approval to increase coal production

SINGAPORE (June 10): Geo Energy Resources announced Wednesday that it has received approval from the Indonesian Government to increase its work plan and budget production quota for its PT Sungai Da

Commodities

Silkroad Nickel resists cobalt temptation to focus on nickel amid demand from EVs

SINGAPORE (May 8): Just like how gold and copper are often found near each other, a rather high concentration of cobalt has been discovered concurrently with the nickel ore being dug out by Indones

Commodities

Banks freeze credit to Singapore oil trader after price crash

SINGAPORE (Apr 9): At least two lenders to one of Singapore’s biggest independent oil traders are freezing short-term credit lines to the firm amid concerns over its ability to repay the debts, acc

Commodities

Collapse of Singapore commodity firm leaves lenders exposed

SINGAPORE (Feb 28): Lenders including ING Bank NV have accused a Singapore commodities firm of fraud after it defaulted on debt and left the financiers facing potential losses on hundreds of millio

Commodities

There are oil bargains in Asia after virus batters demand

SINGAPORE (Feb 5): Oil sellers are looking for alternative buyers in Asia for prompt cargoes as Chinese demand dries up because of the coronavirus and some customers ask to defer purchases.

Commodities

Citi doesn't see oil revival from virus until 4Q

SINGAPORE (Feb 4): Citigroup Inc slashed its price forecasts for commodities from oil to copper and iron ore as it said the impact of the coronavirus looks much worse than it initially thought.

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