Investors are pouring money into silver ETFs
Businessam StaffJuly 18, 2017
Silver, known for being a market of extremes, is living up to its reputation this year. Prices rallied 17 percent in the first four
Ghana’s biggest cocoa buyer seeks guarantee to cut finance costs
Businessam StaffJuly 18, 2017
PBC Ltd., the biggest buyer of cocoa beans from farmers in Ghana, is seeking to cut borrowing costs by arranging its first government
Market prices in expected copper deficit deepening on more strikes
Businessam StaffJuly 17, 2017
A global deficit of copper will deepen this year as more mines in South America are due to be hit by strikes, although the market has
Dry weather to force Australia wheat output down 20 percent
Businessam StaffJuly 17, 2017
Australian wheat production is on course to miss official forecasts by more than 20 percent as dry weather crimps yields in the
Banks cut silver forecasts after second-quarter drop: Reuters poll
Businessam StaffJuly 17, 2017
Banks expect gold to match its 2016 average this year, but cut their silver price forecasts after the metal slid 9 percent in the
Palladium prices seen hitting record average high in 2017
Businessam StaffJuly 17, 2017
Palladium is expected to hit its highest annual average price on records going back three decades this year after tightness in the
Best-performing metals as hard to trade as they are to find
Businessam StaffJuly 14, 2017
Even if you’d heard of this year’s best-performing metals, betting on them would probably have been a struggle. Ruthenium, iridium and
Ghana cocoa board warns farmers smuggling may jeopardize pay
Businessam StaffJuly 14, 2017
Ghana’s cocoa regulator is warning farmers that the smuggling of beans from neighbouring Ivory Coast may jeopardise efforts to keep
Commodities update: July 13, 2017
Businessam StaffJuly 14, 2017
Courtesy of Financial Derivative Company (FDC)
China maintains position as world’s top crude oil buyer
Businessam StaffJuly 13, 2017
Posting 8.79 million barrels per day (bpd), China, the earth’s most populous country bought more crude oil than any other country in