Market Fundamentals: Rubber prices bounced off USD170.0 cts/KG last week but slowed down in demand. Crude prices waned in buying interest while the U.S. economy grew 2.0 percent in Q3 seasons below ex…
Agriculture
Commodity Market Report – 25 Oct 2021
Gold prices protruded above USD1800 /oz on Friday but settled beneath this benchmark. This week, we forecast the trend will swing inside the range from USD1770 – USD1820 /oz. The market is still looki…
Weekly Rubber Report – 25 Oct 2021
Market Fundamentals: Dollar Index (USDX) edged below 94.00 last week and the greenback is projecting a weakening sign. This year, global inflation has brought about mixed sentiments on economic recove…
Indonesia plans to ‘hit the brakes’ on raw commodity exports
Indonesia is planning to “hit the brakes” on the export of all raw commodities in an effort to attract investment in onshore resource processing and create jobs, President Joko Widodo said on Tuesday.…
Sri Lanka reverses organic farming drive as tea suffers
Sri Lanka on Tuesday backed down from ambitious plans to become the world’s first completely organic farming nation, reversing a ban on imports of chemical fertiliser. President Gotabaya Rajapak…
Vietnam calls for more EU investments in agriculture
Minister of Agriculture and Rural Development Le Minh Hoan on October 1 suggested EU firms increase investments in Vietnam’s agriculture, in the direction of high-technology, green standards and envir…
Tourism and sustainable farming go hand in hand
The best way to help revive the economy, as well as medium and small scale businesses in retail and services, is for the 15 richest men in the country to declare a moratorium on rental spaces in their…
Bangladesh sees encouraging rise of green finance
Sustainable financing has gained popularity in recent years as both banks and enterprises in Bangladesh have become increasingly keen to embrace the business model that protects the environment from p…
Philippines explores deeper agriculture cooperation with China
The Philippines remains open to explore opportunities to strengthen agricultural cooperation with China in a bid to spur the economic recovery of both nations. During the Philippines Shina Agriculture…
Commodity Market Report – 30 Aug 2021
Gold prices broke up above USD1800 /oz after FED chair Powell said the rate hike is not imminent. This week, we reckon the trend will be contained from USD1800 – USD1840 /oz and is expected to be in m…