Rice

Metal

Vale Reports 17% Drop In Q1 2025 Net Income Amid Lower Iron Ore Prices

Brazil-based iron ore producer Vale reported a 17% decline in net income for the first quarter of 2025, ending March 31, primarily due to lower iron ore prices.…

United Kingdom

GB Forestry Market Shows Signs of Stability After Two-Year Decline

The UK commercial forestry market is rebounding after two years of decline, with high-quality plantations attracting strong investor interest and commanding pre…

Energy Storage Project

1komma5° Releases Residential Battery for Non-PV Homeowners

German renewable energy company 1Komma5°, based in Hamburg, has introduced a new power storage system called PowerHarvester, designed to help households wit…

Bangladesh

Rice Prices Plummet 16% in Eastern India Amid Bangladesh’s Land Port Closure

In Bangladesh, rice prices in the eastern region have decreased by 16% over the past ten days, driven by the closure of land ports with India and an increase in…

Ukraine

Price of a Ton of Ukrainian Agricultural Exports Increased 1.4 Times

In Ukraine, the price per ton of agricultural exports rose to $443 in April 2025, up from $315 the previous year, according to Vitaliy Koval, Minister of Agrari…

Electric Vehicles

Great Wall Motor’s WEY Kicks off Presale of All-New Gaoshan Lineup

On April 21, Great Wall Motor’s WEY brand launched presales for its new Gaoshan MPV series, introducing three variants: the Gaoshan 7, Gaoshan 8, and Gaos…

Metal

JP Morgan See Gold Prices Crossing $4,000/Oz by Q2 2026

JP Morgan forecasts gold prices to surpass $4,000 per ounce by the second quarter of 2026, with an average of $3,675 per ounce expected by the fourth quarter of…

Electricity Trade

Nigeria Reduces Electricity Subsidies by 35% Following Tariff Hike for Heavy Users

Nigeria has reduced electricity subsidies by 35% following a tariff increase for specific consumers last year, according to Power Minister Adebayo Adelabu. The …

Oil Price

Azerbaijani Oil Moves up in Price

On April 18, the price of Azerbaijan’s Azeri Light crude oil, delivered on a CIF basis to the Italian port of Augusta, rose by $0.88, a 1.28 percent incre…

Metal

Indonesian Nickel Smelter Group Asks for Royalty Hike Delay Until Prices Rise

Wedoany.com Report-Apr. 18, On April 17, 2025, the chairman of Indonesia’s nickel smelters association urged the government to postpone new mineral royalt…

Crude Oil

Qatar Raises June Term Price for Al-Shaheen Oil, Sources Say

QatarEnergy has raised the term price for al-Shaheen crude oil for June-loading cargoes, setting it at a $1.76 per barrel premium above Dubai quotes, according …

Electric Vehicles

All-New Volvo XC90 Goes on Sale in China With Updated Design, Expanded Seating Options

On April 15, Volvo introduced the updated XC90 to the Chinese market, offering five variants priced between 638,900 yuan and 894,900 yuan. A limited-time promot…

Electric Vehicles

Zeekr 007GT Hits Market, Starting at 202,900 Yuan

On April 15, Geely Holding’s Zeekr brand introduced the Zeekr 007GT, a new shooting brake model available in three variants priced between 202,900 yuan an…

Electric Vehicles

GAC Honda’s P7 BEV Model Goes on Sale

On April 15, 2025, GAC Honda launched the P7, its first all-electric SUV based on the dedicated "Architecture W" platform for battery electric vehicles. Availab…

Biofuel

Malaysia Keeps May Crude Palm Oil Export Duty at 10%, Lowers Reference Price

Malaysia has set its export tax for crude palm oil at 10% for May, according to a circular published on the Malaysian Palm Oil Board website on Tuesday. The cou…