Commodities

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Kyodo </span> </p> </div> <div class="feature-article"> <h2 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/For-G-7-consensus-on-oil-market-proves-a-slippery-beast">For G-7, consensus on oil market proves a slippery beast</a></h2> <p>TOKYO -- Even as they stressed the need to maintain oil-sector investment, Group of Seven nations could not send a strong message on stabilizing petroleum prices because of policy differences, adding to doubts about the group's ability to put a floor...</p> </div> </div> </div> <div class="article-list "> <div class="article-box text-list"> <ul> <li> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/Saudi-oil-exports-to-Japan-trade-higher-on-Asian-demand">Saudi oil exports to Japan trade higher on Asian demand</a></h3> <p>TOKYO -- Japanese oil companies are shelling out more for crude bought under long-term contracts from Saudi Arabia and elsewhere amid strong appetite among China and other Asian economies.April-loading Arabian Light crude came to $38.48 a barrel, up ...</p> </li> <li> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/Gold-firm-near-15-month-top-as-dollar-extends-losses">Gold firm near 15-month top as dollar extends losses</a></h3> <p>SINGAPORE (Reuters) -- Gold traded near a 15-month peak on Monday as a tumble in the dollar and weakness in global equities pushed up the metal to near $1,300 an ounce. Spot gold was little changed at $1,292.27 an ounce by 0322 GMT, after climbing to...</p> </li> <li> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/DRAM-prices-still-falling-but-NAND-prices-may-hit-bottom-in-2016">DRAM prices still falling, but NAND prices may hit bottom in 2016</a></h3> <p>TOKYO -- While prices of DRAM memory chips continue to drop as the market shrinks, NAND flash memory chips could bottom out before year-end.Both types of chips store programs and data in personal computers, servers, smartphones and other digital gadg...</p> </li> <li> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/Oil-prices-hit-fresh-2016-highs-on-weak-dollar-US-output-fall">Oil prices hit fresh 2016 highs on weak dollar, US output fall</a></h3> <p>SINGAPORE (Reuters) -- Oil prices edged to new 2016 highs on Friday, lifted by a weak dollar and falling production in the United States, although a looming rise in Middle East output capped gains.Brent crude futures were trading at $48.30 a barrel a...</p> </li> <li> <div class="sub-title">Commentary</div> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/Edward-Morse-and-Aakash-Doshi-Commodities-prices-are-stumbling-toward-normality">Edward Morse and Aakash Doshi -- Commodities prices are stumbling toward 'normality'</a></h3> <p>A change in economic and industry conditions is likely to revive commodities prices in the months ahead.</p> </li> <li> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/Commodities-volatile-in-China-as-speculators-shun-stocks">Commodities volatile in China as speculators shun stocks</a></h3> <p>HONG KONG -- Prices of steel rebar, iron ore and coal have been swinging widely in China as the commodities attract speculative money that fled the equities and real estate markets. Mainstay futures contracts for iron ore fell more than 5% Wednes...</p> </li> <li> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/For-commodities-markets-the-bad-times-are-just-beginning">For commodities markets, the bad times are just beginning</a></h3> <p>BANGKOK -- For the commodities market, the good times have come and gone, but the bad times are only just beginning. Each commodities supercycle, defined as a decadelong bull market, has always been followed by a downturn that lasted just as long...</p> </li> <li> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/Japanese-oil-majors-boost-gasoline-diesel-exports">Japanese oil majors boost gasoline, diesel exports </a></h3> <p>TOKYO -- Japanese oil companies are increasing exports of petroleum products to Asia, hoping to offset sluggish domestic demand by cultivating customers in countries such as Singapore where demand is growing. Idemitsu Kosan exported 400,000 kilol...</p> </li> <li> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/What-silver-s-popularity-over-gold-means">What silver's popularity over gold means</a></h3> <p>TOKYO -- Silver prices have been on a strong rising trend lately. As of the end of last week, silver futures prices hit $16.9 per troy ounce in New York, 23% higher than they were at the end of last year. Silver has been outperforming other commo...</p> </li> <li> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/LME-looking-to-tap-Asian-demand-chief-says">LME looking to tap Asian demand, chief says</a></h3> <p>LONDON -- The London Metal Exchange aims to attract more market players in China, India and other parts of Asia, CEO Garry Jones told The Nikkei, amid intensified competition from rivals around the world. Copper and aluminum prices plunged in 201...</p> </li> <li> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/Traders-seek-gold-as-alternative-to-softening-greenback">Traders seek gold as alternative to softening greenback</a></h3> <p>TOKYO -- Although gold is losing appeal as a safe haven as oil prices and financial markets settle down, big investors focused on its use as a currency alternative are keeping its price high as the dollar weakens. Gold futures are hovering around...</p> </li> <li> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/Japanese-steelmakers-to-hike-prices-despite-weak-demand">Japanese steelmakers to hike prices despite weak demand</a></h3> <p>TOKYO -- Japanese steel manufacturers are raising their prices despite sluggish demand at home. Whether their customers will fork out more money, however, remains to be seen. The seemingly contradictory move is attributed mainly to a rise in pric...</p> </li> <li> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/Iron-ore-producers-shave-output-forecasts">Iron ore producers shave output forecasts</a></h3> <p>SYDNEY -- Three major mining conglomerates cut short-term projections of iron ore output by around 5% in quarterly filings through Thursday, sending prices surging 11% from the previous weekend amid expectations of a supply crunch. Rio Tinto trim...</p> </li> <li> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/Saudi-Arabia-slowly-losing-oil-market-share">Saudi Arabia slowly losing oil market share</a></h3> <p>TOKYO -- Saudi Arabia, the world's biggest exporter of crude oil, is slowly but surely shrinking in global markets, recent statistics revealed. The setback is due to intensifying competition from Russia and other oil producers. At a summit of...</p> </li> <li> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/Commodities-rise-on-bargain-hunting-supply-concerns">Commodities rise on bargain hunting, supply concerns</a></h3> <p>TOKYO -- Commodities prices have been recovering in recent months as investment funds take advantage of an earlier market slump and speculation picks up regarding reduced supplies of such products as crude oil and grains. The Thomson Reuters Core...</p> </li> <li> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/Saudi-Arabia-s-rivalry-with-Iran-dims-hopes-of-an-oil-deal">Saudi Arabia's rivalry with Iran dims hopes of an oil deal</a></h3> <p>TOKYO -- Major oil-producing nations failed to agree on a deal to freeze output at their meeting in Qatar's capital of Doha on April 17, after Saudi Arabia demanded that Iran join the accord. The development sent crude oil prices falling sharply....</p> </li> <li> <div class="sub-title">Commentary</div> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/Edward-Alden-How-to-solve-the-global-steel-glut">Edward Alden: How to solve the global steel glut</a></h3> <p>International negotiations are preferable to protectionist trade tariffs, argues Edward Alden</p> </li> <li> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/China-major-steel-producers-fail-to-reach-overcapacity-deal-US-chides-Beijing">China, major steel producers fail to reach overcapacity deal, US chides Beijing</a></h3> <p>BRUSSELS/WASHINGTON (Reuters) -- China and other major steel-producing countries failed on Monday to agree measures to tackle a global steel crisis as the sides argued over the causes of overcapacity, prompting U.S. criticism of Beijing's approach. ...</p> </li> <li> <h3 class="title"><a href="/web/20160505035559/http://asia.nikkei.com/Markets/Commodities/Regional-rivalry-thwarts-oil-production-freeze">Regional rivalry thwarts oil production freeze</a></h3> <p>DOHA, Qatar -- A meeting Sunday here among major oil-producing nations to hammer out a deal to freeze increases in output ended without an agreement, as the rivalry between Saudi Arabia and Iran trumped the pursuit of common interest. 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