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Rice
Metal
Bowen Coking Coal Cuts Burton Mine Production Amid Market Challenges
In July 2025, Bowen Coking Coal transitioned to owner-operator mining at its Burton mine complex in central Queensland, Australia, prompted by low coal prices a…
China
China Contracts up to 700 Thsd Tons of Ukrainian New Crop Barley
A rise in demand from China has driven up domestic barley prices by $8, with the delivery price reaching $240 CIF ($203 FOB Odessa). This increase reflects grow…
Battery
China Energy Engineering Launches Record 25 GWh Storage Tender as Prices Hit Historic Low
On June 3, 2025, China Energy Engineering Corporation (CEEC), a leading state-owned infrastructure company, initiated a significant procurement process for 25 G…
Thermal Coal
China, India Shift to Higher-Grade Coal, Cut Indonesian Imports
China and India, the world’s largest thermal coal importers, are reducing purchases from Indonesia in favor of higher-calorific value (CV) coal from other…
Australia
Australia Cashes in on Record Sheep Prices as Meat Exports Surge
Australian sheep farmers are benefiting from record-high sheep prices, supported by strong global demand for lamb and mutton. As the leading global supplier of …
Metal
Allied Gold Explores New Power Supply Options for Sadiola Mine
Canadian mining company Allied Gold is evaluating new options for a power supply agreement at its Sadiola gold mine in Mali. The reassessment comes amid rising …
Electric Vehicles
BYD Seal 06 EV Model Hits Market, Starting at 109,800 Yuan
On June 7, at the 2025 Chongqing International Auto Exhibition in China, BYD introduced the Seal 06 EV, a new all-electric midsize sedan in its Ocean series. Bu…
Philippines
To Diversify Rice Imports, Philippines Turns to India and Thailand
Vietnam continues to lead as the primary supplier of rice to the Philippines, contributing nearly 90% of the country’s rice imports. Despite initiatives t…
Electricity Trade
France Amends Wind Agreements to Meet Negative Electricity Price Challenges
The French government has finalized amendments to power purchase agreements (PPAs) with three offshore wind farms: Fécamp, Saint-Nazaire, and Saint-Brieu…
Metal
US Aluminium, Steel Prices Jump, Shares Drop on Trump’s New Tariffs
On June 4, 2025, new U.S. tariffs on steel and aluminium imports, set at 50%, took effect, as announced by President Donald Trump on Friday. The U.S., a major s…
Metal
Chile’s SQM Misses Profit Estimates as Lithium Prices Remain Under Pressure
On Wednesday, SQM, the world’s second-largest lithium producer based in Chile, reported that its first-quarter profit for 2025 fell short of expectations …
Coal-Fired Power Plants
Facing Sinking Coal Demand, China Asks Power Plants to Just Buy More, Sources Say
China is encouraging its coal-fired power plants to increase stockpiles of domestically sourced coal and reduce reliance on imports to support local prices, acc…
Metal
Trump’s Tariff Reprieve Pushes Gold Down for Second Straight Session
Gold prices fell for the second straight session on Tuesday, driven by improved market sentiment after U.S. President Donald Trump decided to delay tariffs on t…
Japan
Japan Aims to Cut Stockpiled Rice Prices to 2,000 Yen per 5KG
Japan’s farm ministry announced on Monday a plan to reduce stockpiled rice prices to approximately 2,000 yen ($14) per 5 kilograms (11 lb) and expedite it…
United States
Nvidia to Launch Cheaper Blackwell AI Chip for China After US Export Curbs, Sources Say
Nvidia plans to introduce a new artificial intelligence chipset for the Chinese market, priced significantly lower than its restricted H20 model, with mass prod…
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