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South Korea s rice farmers rally

Thousands of South Korean farmers rallied on Friday, demanding the government stop a fall in rice prices by shipping surplus stocks in state silos to North Korea. The farmers urged President Lee Myung-Bak to resume an annual shipment of 400,000 tonnes of

South Korea's rice farmers rally

South Korea's rice farmers rally (AAP)

Republic Gold in trading halt pending capital raising

Queensland based Republic Gold (ASX: RAU) has requested the ASX that the company’s securities be placed in pre-open, pending a release regarding capital raising specifics. The trading halt will remain in place until the company releases an

Copper falls on growth worries

Large Medium Small SHANGHAI - Copper declined on signs that US growth may be slowing and on a sell off in Chinese commodities after a report that regulators may be investigating large positions in Shanghai rubber futures. The contract for three-month

BarCap hires seven ex-BP staff for commodities team

From Reuters: Barclays Capital has hired seven former-BP employees to join its physical commodity sales teams in Houston, Calgary and Denver, the company said on Thursday, in an effort to boost its presence in North American physical markets. Troy Black

South Korea's rice farmers rally (AAP)

Molecular Characterization of Sulfur Compounds in Venezuela Crude Oil and Its SARA Fractions by Electrospray Ionization Fourier Transform Ion Cyclotron Resonance Mass Spectrometry

Energy & Fuels DOI: 10.1021/ef100904k

Allied lifts Simberi gold reserves by 155%

ALLIED Gold has more than doubled its gold reserves to 2.15 million ounces at its Simberi gold project in Papua New Guinea.

Copper drops on U.S. Fed survey, China commodities tumble

From Bloomberg: Copper declined on signs that U.S. growth may be slowing and on a selloff in Chinese commodities after a report that regulators may be investigating large positions in Shanghai rubber futures. Zinc dropped 6.5 percent. The contract for

Mining shares shake off fears of Chinese commodities probe

From Guardian: Metal prices are edging lower, with copper at a one week low, although so far mining shares are holding up reasonably well. Commodity prices have been hit by reports from China that the government may step up efforts to curb the property

OPEC cartel faced with future risks in its 50th year

The Organization of the Petroleum Exporting Countries is set to mark its 50th anniversary on Tuesday not with a grand ceremony, but with a simple press conference at its Vienna headquarters. This might seem surprising for the world's only oil cartel, but

China commodities slide drags metals lower

Several analysts said the China Securities Regulatory Commission was investigating a dealer from Zhejiang province who had built a long position of 60,000 rubber contracts, held by 10 brokerages, and had been forced to liquidate it by the regulator,

EIA cuts OPEC oil earnings forecast $21 bln in 2010, $16 in 2011

From Platts: The US Energy Information Administration has slashed its forecast of oil producer club OPEC?s oil export earnings by $21 billion this year and by $16 billion in 2011. The agency now sees OPEC earning $731 billion in 2010 compared with its

OPEC sees 2010 world oil demand growth at 1.2 pct

From AFP: The OPEC oil cartel held steady its forecast for world oil demand growth this year and next year, but warned on Thursday that prevailing economic uncertainty made forecasting difficult. ?Repeated revisions to world economic growth ? a key

Rice prices worrisome as global supplies tighten

The global supply-and-demand balance is not at the 2008 level yet, but its pretty worrisome because of the prices, Lito Banayo, head of the National Food Authority, which handles state rice purchases in the Philippines, said in an interview in Manila on

Volatile wheat prices are as much a cause for alarm as are high prices

From Economist: Few rural pleasures match seeing a golden field of grain, rustling and ripe for reaping. But the harvest season in the northern hemisphere is being marked by turmoil on global wheat markets. A big reason is to be found in one of the

Commodities alone are not enough to sustain flourishing economies

From Economist: It may seem a safe bet that billions of Asians will continue to gobble up oil, iron ore, copper, soyabeans and meat as they get richer. But one day they may not; and one day, too, the world will surely come up with alternatives to fossil

Russia can lead commodities trading reform

From Themoscowtimes.com: President Dmitry Medvedev condemned “speculators” last week for jacking up food prices and making unjustified profits. Knowing that higher prices will fuel food costs for the next year, the Kremlin is clearly worried about

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