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Drop in commodity prices to mar Ghana’s growth – World Bank
Modern Ghana - 9/29/2016 8:35:21 PM
Ghana’s economy continues to stagnate with a decelerating Gross Domestic Product (GDP). This was contained in the second Africa's Pulse report for 2016, which was released today. The report is a twice-yearly World Bank Group analysis of issues shaping ...
SA Mining Sector Battles Tough Times in the Wake of Subdued Commodity Prices, Mounting Cost Pressure and Regulatory Uncertainty: PwC Report
footprint2africa.com - 9/30/2016 11:01:31 AM
Companies had no choice but to cut back on new developments, re-focus on profitable production rather than maximum production to save costs 2016 marked another challenging year for SA’s mining industry in the wake of subdued commodity prices, an increase ...
Crude prices move lower amid profit-taking
investing.com - 9/30/2016 7:19:36 AM
Oil prices typically weaken when the U.S. currency strengthens as the dollar-priced commodity becomes more expensive for holders of other currencies.
Expect Sugar prices to trade down: Angel Commodities
Money Control - 9/30/2016 6:58:08 AM
According to Angel Commodities, We expect sugar prices may trade down reports of heavy selling by the market participants as Exchange has increased margins to trade in futures market.
Oil Futures Slide On Profit Taking, Buying On Dips
economiccalendar.com - 9/30/2016 12:13:06 PM
After finding support above the $46.50 level ahead of the US open on Thursday, prices surged again in New York with WTI November futures pushing to a five-week high above the $48.00 p/b level. The more defensive tone in risk appetite had an important ...
Banks weak, but commodities firming
Forex Street - 9/30/2016 7:12:27 AM
As discussed earlier in the week, commodity prices are firming and may reflect a strengthening global economy albeit from a modest growth rate. We may see more evidence of this in PMI data that are coming out today in many countries. Until negative news on ...
Boardwalk Pipeline’s Commodity Price Exposure: Key for Investors
Market Realist - 9/29/2016 11:45:39 AM
The earnings of midstream companies are believed to not have much direct commodity price exposure. The larger midstream companies include Williams Partners (WPZ) and Energy Transfer Partners (ETP), and the smaller ones include Boardwalk Pipeline ...
Fourth-Quarter Curse May Be Over for Commodities
The Wall Street Journal Blogs - 9/29/2016 11:17:01 AM
In recent years, the fourth quarter has heralded a big fall in commodity prices. But this year will be different, according to Barclays, which says stronger economic growth in Asia and supply curbs across commodities should support prices through the end ...
Commodity-Price Slump Hits North Dakota’s Tax Collections
The Wall Street Journal - 9/22/2016 11:56:56 PM
BISMARCK, N.D.—North Dakota continues to collect less taxes than it had initially forecast as oil and crop prices decline. Tax revenue for August totaled $139.3 million, said Office of Management and Budget Director Pam Sharp. That was $9.2 million less ...
Other Commodity Prices Were Down in Wisconsin
Wisconsin Ag Connection - 9/30/2016 10:40:02 AM
The August 2016 average price received by farmers for corn in Wisconsin was $3.12 per bushel, according to the latest USDA Agricultural Prices report. This was down 40-cents from the July price and 55-cents below August 2015. Soybeans averaged $9.84 per ...
Investors pile into commodities
portfolio-adviser.com - 9/30/2016 11:30:09 AM
As commodity prices have struggled lately, after a brief revival in spring, investors who missed the boat back then have been given a new chance to speculate on a commodity price comeback. With the oil price likely to stay low for some time to come ...
MACQUARIE: These are the commodities that are likely to outperform over the next 2 years
businessinsider.com.au - 9/30/2016 5:03:36 AM
The chart below from Macquarie shows where it believes individual commodities sit in their price cycle, and where they expect them to head over the next 12-24 months. Regular readers would have seen similar charts from Macquarie before. The only difference ...
Commodities: Cotton prices under pressure
Dawn - 9/30/2016 1:28:51 AM
KARACHI: Cotton prices came under pressure in line with world markets on Thursday. However, activity remained brisk on strong demand from spinners who replenished their stocks at current prices. Floor brokers said that as most leading world cotton markets ...
Marketing companies raise LPG prices
Business Recorder - 9/30/2016 3:16:13 AM
The Liquefied Petroleum Gas (LPG) marketing companies have increased the commodity prices by Rs 5 per kg, Rs 60 per domestic cylinder of 11.8-kg and Rs 240 per commercial cylinder. This was stated by Mohammad Irfan Khokhar, Chairman All Pakistan LPG ...
South Africa’s Mining Industry continues to Face Tough Times in the Wake of Subdued Commodity Prices, Mounting Cost ...
EIN Newsdesk - 9/29/2016 8:53:51 AM
2016 marked another challenging year for SA’s mining industry in the wake of subdued commodity prices, an increase in short-term volatility, increased pressure on operating models and regulatory uncertainty. These are some of the highlights from PwC’s ...
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