• Global natural rubber market forecast at $25.2 billion by 2032

    11:55 PM @ 31/01/2024
    The Global Natural Rubber Market Size is to Grow from USD 16.5 Billion in 2022 to USD 25.2 Billion by 2032, at a Compound Annual Growth Rate (CAGR) of 4.3% during the projected period according to Spherical Insights LLP. Natural rubber is an organic elastic hydrocarbon polymer derived from the latex sap of trees in the Hevea a
  • Oil dips on faltering China economy

    11:31 PM @ 31/01/2024
    Oil prices fell on Wednesday, pressured by low economic activity in leading crude importer China and a surprise build in U.S. crude inventories as oil producers ramped up output after following frigid weather earlier this month.
  • The challenging world of Russian aluminium sanctions

    04:47 PM @ 31/01/2024
    On the one hand, it has faced pressure from some producers who argue that the dominance of Russian aluminium stored in LME warehouses, and the reluctance of many Western market participants to trade or consume it, means the exchange price has diverged enough from the physical market to make it irrelevant.
  • EU trade chief to press on with US battery minerals talks despite differences

    04:41 PM @ 31/01/2024
    The US and European Union failed on Tuesday to reach a trade deal for critical battery minerals but are vowing to press ahead with talks to create a transatlantic marketplace for minerals and other components, the EU’s top trade official said on Tuesday.
  • MOIT proposes electricity price hike in 2024

    04:15 PM @ 31/01/2024
    The Ministry of Industry and Trade’s (MOIT) proposal to raise retail electricity prices in 2024 comes amid difficulties faced by Electricity of Vietnam (EVN) and its loss of VND17 trillion last year.
    MOIT, at the Steering Committee on Price Management, proposed adjustment of electricity retail prices in 2024, so that prices can cover production costs and all expenses, thus helping EVN have enough resources to make payments to power plant owners.