This news has been received from: cvbj.biz

All trademarks, copyrights, videos, photos and logos are owned by respective news sources. News stories, videos and live streams are from trusted sources.

Soy in Chicago rises to maximum since mid-January

.

News Source: cvbj.biz

Tom Zanetti reveals Kevin & Perry inspired him to start mixing records

Next News:

Chiles copper exports increase 42% in February

(Bloomberg) – After spooking the copper market with a drop in shipments in January, output from the world’s leading producer rebounded last month.

Chile posted a 42% increase in copper export earnings in February compared to January, according to data released Monday by the central bank. While some of that gain is due to higher prices (futures averaged 6% higher), most of it is based on volume.

January is usually a slow month for Chilean copper exports. This year, the drop was compounded by storm surges that disrupted port operations and delayed shipments. The delay translated into February revenue of nearly $ 3.9 billion, which is the best month since December 2017 and represented the largest increase in seven years.

So much Chilean copper en route to China is good news for smelters that were grappling with low stocks of semi-processed material, and may indicate that the shortage that helped fuel the metal’s recovery may be waning. Futures are down 6% since reaching their highest level in nearly a decade last month.

About a quarter of the world’s copper supply comes from Chilean mines, which generate about half of the country’s exports.

Original Note: Copper Exports From Top Shipper Chile Jump Most in Seven Years

For more articles like this, please visit us at bloomberg.com

Subscribe now to stay ahead with the most trusted business news source.

© 2021 Bloomberg LP

Other News

  • Medical Staff Falsified Clinical Trial Data And Fabricated Lab Results, Unsealed Indictment Shows
  • New York : Adamari López unleashed! Her mid-thigh mini skirt caused a sensation
  • Equatorial Guinea death toll rises to 98
  • Wall Street closes with declines but the Dow Jones rises 0.97% due to the stimulus plan
  • the return to the gaming smartphone industry – Latest News, Breaking News, Top News Headlines
  • Average LA County gas price rises for 47th time in 48 days
  • Soy is approaching a seven-year peak amid concerns about the harvest in South America
  • Not in the Best Place Mentally Lance Stroll Blames His Mid-Season F1 Struggles on COVID Diagnosis
  • Dollar touches maximum in more than three months due to firm yields of US Treasury bonds
  • US Treasury yield rises, driven by expectations of accelerating inflation
  • The dollar at its highest for three months, the fear of US inflation rises
  • New York : NYC High Schools Announce March 22 Reopening for Face-to-Face Classes
  • Pac-12 power ratings: Oregon rises, UCLA falls and the odds to win the conference tournament
  • New York City Public High Schools To Reopen March 22, All Sports To Return Mid-April
  • 5 key takeaways from week 5 of the 2021 LCS Spring Split
  • With 2 million weekly doses within two weeks, the government sets vaccination steps
  • Sex will be riskier after lockdown as emergency contraception and need for STI tests rises 40 per cent, experts warn
  • 10-year Treasury yield rises to 1.6% after Senate passes stimulus package
  • Today’s weather in Buenos Aires and the rest of Argentina. Forecast for March 8. – Latest News, Breaking News, Top News Headlines