Page 4 - Dalian Commodity News Today

Scott Olson/Getty Images News Chinese officials move to split country into five regions and control the transport of live hogs across the regions. Bloomberg | Apr 26, 2021 By Bloomberg News China’s plan to control the transport of live hogs to rein in the spread of African swine fever is set to reshape the market and create regional price differences in the world’s biggest consumer and producer of pork. The country will be split into five regions from May, the agri...

Without sustainability indicators, its commodity exchanges could undercut other country’s efforts to green supply chains, writes Robert Hii

Brazil’s Vale bullish on metal prices, seeks to accelerate copper projects Executives at Brazil’s Vale SA, the world’s second largest iron ore producer, said premiums for the commodity were at a “unique moment” and that they were also confident regarding the trajectory of copper in 2021. In a conference call with analysts to discuss the company’s 2020 financial results, executives attributed high iron ore prices to factors including a ban by China on Australian coking coal. Coking c...

The iron ore miner is confident in the trajectory of copper in 2021.

2 Min Read RIO DE JANEIRO (Reuters) - Executives at Brazil’s Vale SA, the world’s second largest iron ore producer, said premiums for the commodity were at a “unique moment” and that they were also confident regarding the trajectory of copper in 2021. FILE PHOTO: The logo of the Brazilian mining company Vale SA is seen in Brumadinho, Brazil January 29, 2019. REUTERS/Adriano Machado/File Photo In a conference call with analysts to discuss the company’s 2020 financial results, executiv...

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Miners are also expected to benefit from an expected rebound in the global economy from the rollout of COVID-19 vaccine

SHANGHAI — China’s new live hog futures contract fell at the open in its trading debut on Friday morning on the Dalian Commodity Exchange.

* Dalian live hog futures Sept contract falls 8%* Increasing pork output, weak demand to pressure prices - analyst (Updates with analyst comment, background)SHANGHAI, Jan 8 (Reuters) - China's new live hog futures contract fell at the open in its trading debut on Friday morning on the Dalian Commodity Exchange.The front-month September contract was last down 8% at 28,215 yuan ($4,362.31) per tonne, versus its listing price of 30,680 yuan.

Iron Ore Rattled as Crackdown Plea From China Mills Spurs Slump Krystal Chia and James Thornhill, Bloomberg News A dumper truck loaded with excavated iron ore rock exits the Yeristovo and Poltava iron ore mine, operated by Ferrexpo Poltava Mining PJSC, in Poltava, Ukraine, on Friday, May 5, 2017. China accounted for over 60% of global iron-ore demand in 2016, World Steel Association data show and was Ferrexpos largest export-sales contributor by country. ...