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UPDATE 1-Australia's Queensland coal exports hit record as glut mounts

2014-10-13 09:58:07| Food - Topix.net

Australian coal miners are shrugging off a global glut of the fuel, exporting a record 158.5 million tonnes in the January-September period from the key mining state of Queensland, industry figures showed. Mining companies are still adding capacity and pushing out exports of both coking and thermal coal, even though an import tariff in China has raised worries about output overcapacity at a time when prices are near their lowest in five years.

Tags: record hit update coal

 

Used-car glut fuels auctions

2014-06-11 11:01:37| Auto Dealers - Topix.net

Vehicles confiscated by financial institutions and supplied to auction firms are expected to mushroom as hard-up customers fall behind on loan payments.

Tags: auctions fuels glut usedcar

 
 

As Oil Glut Moves, Debate Ignites Over Exporting U.S. Crude

2014-04-15 09:52:00| Climate Ark Climate Change & Global Warming Newsfeed

National Public Radio: The United States has never exported much crude oil. We use so much of the stuff that weve always needed to import it from other countries. But even if we wanted to ship it away, there are laws that ban most all overseas crude exports. Now, as domestic drilling continues to surge, some are calling for the repeal of those laws. To understand why, it helps to remember the 'Cushing Glut.` If you pay attention to the oil business, you might remember the glut. It`s a bottleneck of crude oil much...

Tags: us oil debate moves

 

Sugar Crop Tumbling to Four-Year Low in India May Cut Glut

2014-02-19 08:05:15| Sugar Industry News

Sugar output in India, the largest producer after Brazil, may tumble to the lowest in four years after excessive rains in the biggest growing region cut yields and some farmers diverted the crop to make a local sweetener. Shares of producers climbed in Mumbai.

Tags: low india cut sugar

 

Glut of unsold Chinese sucralose impacts outlook at Tate & Lyle: 2015 sucralose prices 15% lower

2014-02-14 08:19:34| Food - Topix.net

Tate & Lyle says it predicts a substantial deterioration in sucralose pricing owing to a glut of unsold Chinese sucralose which has forced it to reduce pricing in recently renewed contracts.

Tags: prices lower chinese outlook

 

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