U.S. wheat, corn set for weekly losses on global demand concerns

U.S. wheat futures edged up in Asian trading on Friday, but were set for a weekly fall along with corn, pressured by worries about demand prospects amid growing risks of a global economic slowdown. Commodities markets came under pressure this week amid fears that more aggressive interest rate hikes...

https://www.hellenicshippingnews.com/u-s-wheat-corn-set-for-weekly-losses-on-global-demand-concerns/

Cold winter could test Germany’s gas supply, regulator warns

A cold winter could test Germany’s gas supply and any shortage won’t be foreseeable until it is too late, the head of the country’s energy regulator told a newspaper on Thursday. “If we get a very cold winter, we have a problem,” Bundesnetzagentur boss Klaus Mueller said in an interview with the...

https://www.hellenicshippingnews.com/cold-winter-could-test-germanys-gas-supply-regulator-warns/

Russia knocks OPEC’s share in Indian oil imports to at least 16-yr low

OPEC crude share in India’s oil imports dropped in August to 59.8%, the lowest in at least 16 years, as refiners in recent months gorge on Russia and Kazakhstan crude, data obtained from trade and industry sources showed. The share of OPEC oil in India’s August crude imports might be the lowest...

https://www.hellenicshippingnews.com/russia-knocks-opecs-share-in-indian-oil-imports-to-at-least-16-yr-low/

Pirates Attack A Dry Bulk Carrier Off The Coast Of Guinea

A dry cargo vessel was first boarded and then robbed by armed criminals on 14 September in Guinea’s Conakry anchorage. Per Ambrey, three robbers with AK rifles and blades boarded the “Martina,” while the remaining two stayed on a boat. When they saw the pirates, the crew mustered in the citadel, and the criminals robbed the vessel. There were no reports of any crew member being injured. The ship wasn’t under the protection of naval guards at that time.

Cautious gains in the Gulf of Guinea

Per the...

https://www.marineinsight.com/shipping-news/pirates-attack-a-dry-bulk-carrier-off-the-coast-of-guinea/

No proof that commodity derivatives trade causes price spikes, finds study

A study conducted on behalf of NCDEX Investor Protection Fund of two commodities on which futures trading is banned found no evidence that derivatives trading led to higher prices or that suspension of their futures brought down price volatility. The study, done on mustard oil and chana by Prof...

https://www.hellenicshippingnews.com/no-proof-that-commodity-derivatives-trade-causes-price-spikes-finds-study/

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