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Cocoa Market Sees Sharp Decline Despite Supply Worries

Cocoa futures on the ICE market saw a dramatic decline, dropping over 6% on Wednesday, marking significant losses for the second straight session. This downturn...

Banco do Brasil Resumes Support for Defense Sector

Banco do Brasil is reinstating its support for the defense sector through the Official Export Credit System. This reversal came after a meeting led by...

Yellen Highlights Brazil’s Potential in Global Supply Chains

U.S. Treasury Secretary Janet Yellen praised Brazil for its promising role in global supply chains. She urged Brazil to create a welcoming environment for private...

Diesel Demand and Global Supply Shifts

On Monday, oil prices rose, pushed by Europe's growing demand for diesel amid Russian sanctions and shipping interruptions. In the US, refinery production was down...

State Support Sought at Rice Harvest Event in Brazil

On February 22, the rice and lowland grain harvest kick-off in Capão do Leão, RS, highlighted food security, drawing attention from officials, farmers, and...

Lula and Blinken Support Palestinian Statehood

During a landmark meeting on Wednesday, Brazil's President Luiz Inácio Lula da Silva and U.S. Secretary of State Antony Blinken found common ground on...

Ibovespa Climbs with Support from Vale, Caps Off Upbeat Week

The Ibovespa index notched gains, ending Friday up by 0.72% at 128,725.88, despite a rise in future interest rates shadowing global Treasury movements. Boosted by...

Leading Lithium Supplier Foresees Price Increase

Albemarle Corporation signals a critical shift in the lithium market, emphasizing that the current low prices are unsustainable. As the leading global lithium supplier, the...

Oil Surplus Looms as Demand Slows, Supplies Grow

The IEA predicts a global oil surplus as demand slows and non-OPEC+ supplies increase. Last quarter's global consumption growth slowed by 35%, especially due to...

Chinese Suppliers for Tesla’s Mexico Plant Raise U.S. Concerns

Near Monterrey, Chinese auto part makers are quickly establishing plants to supply Tesla Inc.'s new factory, sparking US alarms. This development is part of the...

Argentina’s Milei Seeks Macri’s Support for Reforms and Governability

After visiting Israel and the Vatican, Argentina's President Javier Milei is back. His trip included a notable meeting with Pope Francis. Milei's goal now is...

OPEC Enacts Supply Cuts Amidst Global Efforts

In a decisive move last month, OPEC scaled back its oil production, aiming to curb a global surplus and stabilize prices. This decision saw a...

Steady Corn Prices Amid Ethanol Boost and Supply Trends

On January 31, the Chicago Board of Trade (CBOT) witnessed corn prices displaying a mixed yet stable trend. Initially marked by notable losses, the market...

Oil Prices Dip as Supply Rises

On January 24, 2024, a surge in oil production from the United States, Libya, and Norway led to a slight fall in oil prices. Brent...

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