Dec 03, 2024 7:01 a.m.
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economy

Media: Malaysia’s Lotte Chemical Titan reported the tenth consecutive quarter of losses amid industry headwinds
11 Nov 2024 The heightened losses have been attributed to several key issues: significant inventory write-downs, increased associate losses from Lotte Chemical USA Corp due to a maintenance shutdown, and deepening foreign exchange losses.
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11 Nov 2024

economy

Dalian Commodity Exchange: 11 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 11 November 2024 settled as follows:
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08 Nov 2024

economy

Dalian Commodity Exchange: 08 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 08 November 2024 settled as follows:
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07 Nov 2024

economy

Oil prices edged lower on stronger US dollar, rise in US commercial stocks

A stronger dollar typically renders dollar-denominated commodities like oil more expensive for holders of other currencies, dampening global demand and exerting downward pressure on prices.
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07 Nov 2024

economy

Freightos: Weekly Ocean Freight Index Update

Early market indicators suggest a potential rise in freight demand as US importers accelerate shipments ahead of any prospective tariff increases. Although no immediate policy changes have been enacted, the mere anticipation of tariffs
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07 Nov 2024

economy

EIA: US crude oil inventories surged by 2.1million barrels amid rising imports

Although crude imports rose by a modest 265,000 barrels per day (bpd) during the week, exports plunged by over 1.4 million bpd, leading to a significant net import spike of nearly 1.7 million bpd compared to the previous week.
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07 Nov 2024

economy

Dalian Commodity Exchange: 07 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 07 November 2024 settled as follows:
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06 Nov 2024

economy

Oil prices edged higher as storm Rafael threatened US supply disruption

Industry experts have warned that the storm could potentially reduce oil output by as much as 4 million barrels, adding to ongoing supply uncertainties. Furthermore, the depreciation of the US dollar against other major currencies made oil more affordable in international markets.
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