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commodity News

Malaysian palm oil giant hit with US ban over abuse concerns

Washington - The United States has banned imports from a Malaysian palm oil giant that supplies household titans like Procter & Gamble and Nestle over concerns its workers face physical and sexual violence and other abuses.

Malaysia plants hope for palm oil's future in dwarf trees

Wilayah Persekutuan - Test tubes holding plants line shelves in a Malaysian laboratory, the heart of a breeding programme for dwarf palm oil trees which scientists hope will cut costs and limit the environmental damage caused by the controversial industry.

US, Mexico reach agreement in sugar dispute

Washington - The United States and Mexico reached an agreement Tuesday in a long-standing dispute that will allow duty-free sugar imports to resume from south of the border, albeit with new conditions.

Chinese gold demand may rise 20% by 2017: industry body

London - China's annual demand for gold could jump around 20 percent by 2017 as more of its increasingly wealthy population seek new ways to make money, the World Gold Council predicted on Tuesday.

LME setback by ruling on aluminium stockpiling

London - The London Metal Exchange, the main global metals market, suffered a big setback on Thursday in attempts to reform its warehousing network when a court ruled in favour of objections by Russian firm Rusal.The dispute hinges on plentiful supply of alumin...

Brazil drought puts froth on coffee prices

Bras - The morning caffeine hit is about to get more pricey as drought in top producer Brazil has sparked fears of a global shortfall of coffee this year, sending the price of beans soaring.Coffee prices hit their highest point in two years in New York, with ...

Britain's banana price wars come at a cost to growers

London - When a banana flown half-way round the world costs half the price of a locally-grown apple, many in Britain wonder whether Latin American banana producers are getting a fair deal.The British love eating bananas.

Britain's banana price wars come at a cost to growers

London - When a banana flown half-way round the world costs half the price of a locally-grown apple, many in Britain wonder whether Latin American banana producers are getting a fair deal.The British love eating bananas.

Dry weather in Brazil drives up coffee price

London - The price of coffee surged to the highest levels for months on Tuesday because of exceptionally dry weather in Brazil which could crimp harvests in the country, the world's biggest producer and exporter.
 

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Juvenile tilapia receiving microchip implant for individual identification.
Juvenile tilapia receiving microchip implant for individual identification.
WFC - Tilapia breeding facility  Penang  Malaysia. Small netpens for culture of tilapia families.
WFC - Tilapia breeding facility, Penang, Malaysia. Small netpens for culture of tilapia families.
Adult tilapia broodfish in a tank.
Adult tilapia broodfish in a tank.
WFC - Tilapia breeding facility  Penang  Malaysia. Netpens for culture of tilapia families.
WFC - Tilapia breeding facility, Penang, Malaysia. Netpens for culture of tilapia families.
The Lewis Chessmen reside at the 	
British Museum-National Museum of Scotland. Believed to have bee...
The Lewis Chessmen reside at the British Museum-National Museum of Scotland. Believed to have been crafted in the 12th Century, they are made of walrus ivory and whales' teeth.
Photograph Andrew Dunn (CC BY-SA 2.0)
The WorldFish Center  Penang  Malaysia.
The WorldFish Center, Penang, Malaysia.
The fate of tigers raised on tiger farms in China is disgusting to see or even think about.
The fate of tigers raised on tiger farms in China is disgusting to see or even think about.
YouTube
The WorldFish Center  Penang  Malaysia.
The WorldFish Center, Penang, Malaysia.
Juvenile tilapia siblings anaesthetized for individual marking.
Juvenile tilapia siblings anaesthetized for individual marking.

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