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Sugar supplies to tighten despite big stockThe world is sitting on a huge stockpile of sugar, but the global supply outlook will tighten into next year due to rain-induced crop problems in Brazil and falling output in India, auguring for higher prices. The International Sugar Organ More… |
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UAE steel prices soar on tight supplyReinforcing steel bar (rebar) prices in the United Arab Emirates have risen at least 12 per cent in the last three weeks as demand from construction contractors has increased and supply has tightened. A tonne of rebar fetched around $970 o More… |
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Platinum hits record at $2,124 on supply fearsPlatinum roared to a record high for the 14th straight session on Tuesday, topping $2,100 an ounce on fears of tight supply, after power problems in main producer South Africa disrupted mining. Spot platinum hit a high of $2,124 an ounce, More… |
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World cereals supply tight, prices soarWorld cereals supplies will be tight, driving prices higher this marketing year, with strong demand and dwindling stocks offsetting an increase in output, the United Nations Food and Agriculture Organisation (FAO) said. "With world demand More… |
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Bahrain to tighten security at CausewayBahrain is considering beefing up security measures at the King Fahad Causeway to combat terrorism and organised crime, an expert has revealed. Sita vice-president Thomas Marten said the country was one of several in the Gulf looking at st More… |
