Underlying sentiment seems to remain bullish

Base metals prices on the London Metal Exchange are mostly higher with gains averaging 1.1% this morning, Friday October 20. The exception is tin where prices are off by 0.3%. Nickel prices once again lead the gains with a 2.5% increase to $12,065 per tonne, with lead prices up by 1.6% and copper prices up by 1.3% to $7,060 per tonne.

OPEC seeks to institutionalize partnership with non-OPEC: Barkindo

OPEC aims to discuss making permanent its coalition with 10 and possibly more non-OPEC producers to manage oil market balances at its November 30 meeting, the organization's secretary general, Mohammed Barkindo, said Thursday.

Vietnam's industry ministry proposes export tax cut for small oil field

Vietnam's Ministry of Industry and Trade has proposed that the export tax on crude oil produced from the Song Doc oil field be abolished, state-owned PetroVietnam said in a statement Thursday.

Yara underlines boost to urea prices from Chinese shutdowns

Yara International shares rose to a 21-month high, despite the announcement of below-forecast results, as the fertilizer giant flagged the boost to urea prices from Chinese shutdowns, and noted "supportive" farm margins too.

Chinese demand energizes global copper prices

Global copper prices have risen 30% since the start of the year, due mainly to construction demand from China and trading by speculators.

Asia LER may extend gains amid strong demand from China

Asia liquid epoxy resins (LER) spot prices are likely to continue on an uptrend on feedstock gains and strong demand from China.

Dau Tieng Rubber Corporation invests in high-tech agriculture

Dau Tieng Rubber Corporation plans to build a high-tech agriculture zone, on an area of 2,000 hectares to improve efficiency in land use.
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