commodities

Company in the news

SGX to host month-long webinar series for international participants to share insights into a post-pandemic view of commodity markets

SINGAPORE (May 14): Singapore Exchange (SGX) will be hosting Commodities Unplugged, a month-long webinar series, supported by Enterprise Singapore.

Broker's Calls

Wilmar offers margin of safety amid rough seas: DBS

SINGAPORE (Mar 30): DBS Group Research has a “buy” recommendation on Wilmar with a lowered target price of $4.00 from $4.60 previously.

Oil

The dramatic rise and fall of shale oil

(Mar 13): On the morning of March 2, 2016, a large SUV smashed against the side of a bridge overpass in Oklahoma City.

Global Economy

Covid-19 a shock to demand and supply but structural impact on long term growth unlikely

(Mar 6): As the number of reported Covid-19 cases outside of China continues to rise, so do broader investor concerns about the potential economic impact of the virus.

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.

Commodities

Gold's rally to 6-year high spurs people to sell their old Tiffanys and Rolexes

(June 26): Fund managers aren’t the only ones feeling the tailwind from gold’s rally to a six-year high.

Results

CNMC Goldmine announces near-trebling of 1Q earnings to $1.9 mil on higher gold output

SINGAPORE (May 14): CNMC Goldmine Holdings posted earnings of US$1.4 million ($1.9 million) for 1Q19, the group’s highest quarterly profit attributable to shareholders since 3Q16, and nearly triple

Commodities

Gold powers to 6-month high as turmoil spurs demand for haven

SINGAPORE (Dec 31): Gold is rallying into the end of 2018 as turmoil in global equities, the partial US government shutdown and concerns about the outlook for next year stoke demand, lifting prices

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