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Palm oil prices are setting a record in Malaysia
Palm oil futures in Malaysia, the global benchmark, rose to a record $1,135/metric ton (51.5¢/lb) this morning...Read more>>
World steel production will rise almost 6%
World steel production is projected to increase 5.7% this year to 1.42 billion metric tons from a preliminary 1.344 billion metric tons last year…Read more>>
Polysilicon prices going up
Some Asian manufacturers of polysilicon used to make semiconductors have raised 2008 contract prices to an average $95/kilogram...Read more>>
Merrill Lynch sees $1,000 gold by 2009
Merrill Lynch analysts Michael Jalonen and Jeffrey Schok have increased their gold price forecasts to an annual average of $1,000/troy ounce…Read more>>
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MORE PRICE + SUPPLY NEWS
Manganese ore price will jump 310%
With global supply tight, BHP Billiton has been able to boost manganese ore prices by 310%...Read more>>
Japan’s steel firms are buying U.S. coal
Japanese steelmakers are buying coking coal from the U.S. because floods in Australia have halted mining and cut supplies. Read more>>
NAND memory prices to fall as demand weakens
The global NAND flash memory market will grow 9% or less in 2008 because of order reductions and weakness in consumer spending, according to researcher iSuppli. Read more>>
Toshiba to build two new fabs
Toshiba says it will build two new state-of-the-art fabs in Japan, including one for NAND flash memory. Read more>>
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