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Skid in Oil Prices Pulls the Recycling Industry Down With It
New York Times - 2/12/2016 3:21:09 PM
“The recycling industry is being hit dramatically by falling commodity and oil prices,” said Michael Taylor, vice president for international trade at the Society of the Plastics Industry. “A real fear now is that recycling rates might go dow
Futures higher as oil prices offer some respite
Reuters - 2/12/2016 12:36:31 PM
U.S. stock index futures were higher on Friday in tandem with higher oil prices and after a punishing, widespread rout this week due to concerns about the health of the global economy. * Oil prices, which have dictated the market's direction this year ...
Central sector projects suffer cost overrun despite lower commodity prices
Economic Times - 2/12/2016 11:10:37 AM
ET SPECIAL:Love visual aspect of news? Enjoy this exclusive slideshows treat! While falling commodity prices are helping companies to retain margins despite a weaker growth in revenue, government projects are yet to show a direct benefit. According to the ...
Local Commodity Prices
Vincennes Sun Commercial - 2/13/2016 5:18:40 AM
The following are the closing prices for Friday, Feb. 12. 1 Activate Online Access for Current Subscribers Activate your free online subscription for active subscribers. Please note, in order to activate online access our circulation department must have ...
Oil prices rally 5% after more jawboning from OPEC members
Market Watch - 2/12/2016 6:09:58 AM
Oil-futures prices on the New York Mercantile Exchange rebounded Friday on short-covering after touching a more than 12-year low the previous day. Prices touched a low of $26.05 a barrel a day ago, the lowest settlement since May 6, 2003, as the market ...
Slumping commodity prices drive groundbreaking approaches to mining
Northern Ontario Business - 2/12/2016 4:08:16 AM
Economic blasts are rumbling the ground on which the mining industry stands these days. As nickel prices drop alongside copper and other local commodities, Vale’s general manager of mines and mill, Robert Assabgui, estimates that more than half of ...
CANADA STOCKS-TSX set to open higher after oil prices gain
Reuters - 2/12/2016 12:22:12 PM
Feb 12 Stock futures pointed to a higher start for Canada's main index on Friday as oil prices rose after comments from the United Arab Emirates' energy minister raised hopes of a coordinated production cut to tackle supply glut. UAE Energy Minister Suhail ...
Is the Weaker US Dollar Strengthening Commodities’ Movement?
Market Realist - 2/12/2016 7:50:11 AM
The mixed data weakened the US dollar. The US Dollar Index (UUP) is inversely related to commodity prices. Since commodities are dollar denominated, an appreciation in the dollar implies a fall in commodity prices. On the other side, weakening in the ...
Slump In Commodity Prices Pulls Down Farm Belt Land Values
Agriculture - 2/12/2016 10:06:11 AM
WASHINGTON (FERN's Ag Insider) - Farm bankers across the Midwest and Plains say that the persistent slump in crop and livestock prices pulled down farmland prices, with further declines expected through spring. The Chicago Federal Reserve Bank said land ...
Trade Ministry Monitors Flood Impact on Basic Commodity`s Prices
Tempo - 2/13/2016 4:07:05 AM
TEMPO.CO, Jakarta - Floods that hit a number of regions in Indonesia will potentially disrupt the supply and distribution of goods. Therefore, Trade Ministry announced that it would monitor the impacts of the floods to the supply and prices of basic ...
Global Ripple Effects From Oil, Commodities Prices
Bloomberg - 2/11/2016 10:50:19 AM
Mohamed Mansour, chairman at Mansour Group, and Hans Redeker, head of global FX strategy at Morgan Stanley, discuss the effect of commodities prices around the world and the outlook for continued cheap oil. They speak with Francine Lacqua on "Bloomberg ...
Britannia set to increase biscuit prices next fiscal
nyoooz.com - 2/12/2016 9:51:52 AM
BENGALURU: Britannia will increase prices of biscuits in the next fiscal to offset a rise in major commodity prices, managing director Varun Berry said.The company, known for its Good Day and Bourbon biscuits, said flour and sugar prices had surged about ...
The Commodities Bubble: History Repeats Itself
Seeking Alpha - 2/11/2016 2:25:04 PM
But higher prices weren't a reflection of growth, they were just caused by easy money given out by banks. In commodities, a bubble formed on hopes that China's rapid growth would feed an ever-expanding appetite for raw materials. Moreover, in 2008 ...
Oil Prices Surged by Possible Production Cutback
bilbaoya.com - 2/13/2016 6:01:37 AM
On Tuesday, Iraq's Oil Minister Adel Abdel Mahdi said there could be some flexibility between Saudi Arabia and Russian Federation, hinting at possible cooperation against low oil prices between the world's top two crude producers. Futures rose as much as 1 ...
Heitkamp Says Falling Commodity Prices Damaging to ND Economy
KFYR-TV - 2/13/2016 3:59:56 AM
She says falling agriculture and energy commodities are damaging to North Dakota's economy. Heitkamp says she told Yellen that investors are clearly being favored over those who produce what the rest of the country needs.
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