Global Price Of Olive Oil Skyrockets
In September, the global price of olive oil hit record highs, exceeding $8,900 per ton, as severe droughts in major producing countries weighed on supplies, according to a report released…
US Imports Record Amounts Of Russian Fertilizer
According to the US statistics service, between January and July of this year, the United States imported a record amount of Russian fertilizers, worth in total approximately $944 million. Compared…
Iron Ore Hits Highest Level Since April As China Supports Property Sector
For a fifth day, Iron ore rose as the Chinese government ramped up economic support aimed at stimulating its vital construction and property industries. This week the vital steel-making ore…
Brazil Takes Top Corn Exporter Title From American Farmers
Last week, Bloomberg reported that corn growers in Brazil managed to displace the United States as the number one exporter of corn in the world. In the 2023 agricultural year,…
Despite A Chinese Uptick, Global Copper Smelting Activity Largely Flat
According to new data from satellite surveillance of metal processing plants released on Tuesday, in August global copper smelting activity was largely flat for the month, as a rise in…
Brazil Imports Record Amounts Of Nickel From Russia
According to a new report in RIA Novosti, according to official data, in July, Brazil imported $11.1 million worth of Russian nickel, the most since 2005. The outlet’s analysis showed…
Türkiye Looks To Revive Black Sea Grain Deal
On Saturday, Türkiye’s Anadolu news agency reported that according to Türkiye’s Foreign Minister Hakan Fidan, the UN has a new plan to revive the expired Black Sea grain deal which…
Projections See World Heading To A Lithium Shortage
On Tuesday, CNBC reported that lithium, used to make the batteries which power everything from cell phones to electric vehicles, is heading for a supply shortage as soon as 2025,…
France Clears Power Companies To Burn More Coal
A new Bloomberg report is revealing that the French government has given power generation companies permission to burn more coal over the coming months so as to prevent energy shortages…
EU Members Look To Extend Ban On Ukrainian Grain
Five member states of the EU are looking to see the bloc’s ban on the import of Ukrainian grain extended until the end of 2023, according to an announcement made…
