04:11 PM @ 06/03/2023
Thailand has approved 7.6 billion ($218 million USD) baht for the price guarantee for the 2022-2023 season and the program will cover around 1.6 million rubber farmers with a combined 18.2 million rai of rubber plantations.SEE MORE03:42 PM @ 06/03/2023
The Minister of Industry and Trade has recently asked the trio of power giants to keep the supply of coal stable at all costs in 2023 as the mineral is essential for power generation and fertiliser production.SEE MORE03:17 PM @ 03/03/2023
The public will have to accept the 5-7 percent electricity price increase in 2023 as EVN has incurred a big loss of VND31 trillion and if it is not allowed to raise electricity prices, national energy security will be threatened.SEE MORE04:49 PM @ 02/03/2023
A blistering rally in the cobalt market is turning into a rout, putting pressure on miners and offering tentative cost relief for carmakers after a surge in battery metal prices last year.
Cobalt rallied sharply early in 2022 as demand for electric vehicles surged. But while automotive usage is still rising, there’s been a sharp drop-off in buying from another key sector — Chinese electronics — and cobalt prices have crashed more than 50% since a peak in May.SEE MORE04:39 PM @ 02/03/2023
China's appetite for energy is roaring back as its economy recovers from a downturn caused by its draconian zero-COVID policy. Many pundits are worried that a surge in China's imports of crude oil and other energy resources could push those prices higher, fueling inflation worldwide.SEE MORE
