Tag: commodity pricing

Trump’s tariffs on Canadian lumber are pricing Americans out of the U.S. housing market | Globalnews.ca

Trump’s tariffs on Canadian lumber are pricing Americans out of the U.S. housing market | Globalnews.ca

The statement goes on to suggest that the 20 per cent tariffs on imported Canadian lumber, which were implemented last November, have also added as much as USD $3,000 to the average price of a multi-family unit. Randy Noel, chairman of the NAHB, writes that the association told Commerce Secretary Wilbur Ross in a meeting […]

June 19 – Soybean Prices Crater Under 9$ as Trade War Escalates | FarmLead

June 19 – Soybean Prices Crater Under 9$ as Trade War Escalates | FarmLead

The Trump administration delivered another blow to soybean prices Tuesday. The entire grain complex was deep in the red after the administration threatened to hit more than $200 billion in Chinese imports with a 10% tariff. The threat came days after China announced retaliatory levies on U.S. goods after Trump’s first round of tariffs. Let’s […]

India will pitch for responsible crude pricing: Pradhan | Deccan Herald

India will pitch for responsible crude pricing: Pradhan | Deccan Herald

India will pitch for ‘responsible’ crude pricing at the upcoming conference organised by oil producers’ cartel OPEC, Union Minister Dharmendra Pradhan said today. On the rising oil prices in the country, the minister assured that the government would leave no stone unturned to keep these products within the reach of the common man. “There will […]

Tokyo Steel to hold product prices steady in July for 5th month | Nasdaq.com

Tokyo Steel to hold product prices steady in July for 5th month | Nasdaq.com

TOKYO, June 18 (Reuters) – Tokyo Steel Manufacturing Co Ltd, Japan’s top electric-arc furnace steelmaker, on Monday said it would hold product prices steady in July to ensure earlier hikes were absorbed by the market. That will mark the fifth straight month that the company has kept prices unchanged. Tokyo Steel’s pricing strategy is closely […]

Pradhan asks OPEC to price oil responsibly | Outlook

Pradhan asks OPEC to price oil responsibly | Outlook

India is 80 per cent dependent on imports to meet its oil needs and eight of its top suppliers are from the Organisation of Petroleum Exporting Countries (OPEC). The block accounted for about 83 per cent of India’s total crude oil imports, 98 per cent of its LPG imports and 74 per cent of its […]

Right price of sugar | The Indian Express

Right price of sugar | The Indian Express

The latest policy measures, ostensibly to help clear payment of arrears of around Rs 22,000 crore to sugarcane farmers, will only make a bad problem worse. Today, there is too much of sugar in India. Total availability from opening stocks of 40 lt and production of over 320 lt during the 2017-18 season (October-September) will […]

Grain pricing strategies: A key to profitable marketing | Journal Advocate

Grain pricing strategies: A key to profitable marketing | Journal Advocate

Edward Usset, grain marketing specialist for the Center for Farm Financial Management, University of Minnesota prefers to concentrate his efforts in helping producers become better at marketing their commodities by assisting them in eliminating mistakes. In his presentation titled “Five Common Mistakes in Grain Marketing,” Ed outlines the mistakes: reluctance to pre-harvest price crops; failure […]

Petrol prices stable to March, but now hitting four-year highs | ACCC

Petrol prices stable to March, but now hitting four-year highs | ACCC

Drivers feeling the pinch of high petrol prices should use price cycle information and fuel price websites and apps to shop around, as petrol prices in some cities reached their highest levels in almost four years in May. Average petrol prices in Australia’s five largest cities (Sydney, Melbourne, Brisbane, Adelaide and Perth) remained broadly stable […]

June 4 – Trade War Tantrum Hits Soybean Prices | FarmLead

June 4 – Trade War Tantrum Hits Soybean Prices | FarmLead

Grain prices started the week deep in the red thanks to ongoing concerns about Chinese-U.S. trade relations and the wave of favorable weather across the United States. Improving forecasts pulled wheat prices down more than 3%, while soybean prices slumped after trade discussions between the world’s two largest economies offered little progress. Let’s take a […]

White House to Impose Metal Tariffs on E.U., Canada and Mexico | The New York Times

White House to Impose Metal Tariffs on E.U., Canada and Mexico | The New York Times

Along with fighting the tariffs at the World Trade Organization, European officials have been preparing levies on an estimated $3 billion of imported American products in late June. In a joint statement, ministers from France and Germany said the countries would coordinate their response. “Global trade is not a gunfight at the O.K. Corral,” Bruno […]