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Rabobank Sugar Quarterly Q1: Overwhelming Stocks Keep Prices in Decline

2015-04-02 09:00:41| Sugar Industry News

NEW YORK, April 1, 2015 /PRNewswire/ -- According to the latest Rabobank Sugar Quarterly report, abundant global sugar supplies have been steadily accumulating after four years of a production surplus, leading to the decline in global prices. Main import destinations like China and Indonesia have abundant stocks and are wary about importing more sugar in 2015, after seeing domestic prices collapse. Rabobank forecasts a global sugar production deficit of 0.7 million tonnes raw sugar for the season.

Tags: prices sugar quarterly stocks

 

"troubling" decline in bus and rail ridership

2015-04-01 12:49:42| Railroads - Topix.net

The Metropolitan Transportation Authority board ordered a study March 26 into ways of reversing a decline in bus and rail ridership, with the number of boardings down 5 percent over the last eight months. Metro board chair and Mayor Eric Garcetti and Councilman Paul Krekorian were among the authors of the motion, which directs staff to report back in 90 days on ways to better market Metro transit lines, make buses and rail cars more reliable and create a map that shows the frequency of various lines.

Tags: bus decline rail troubling

 
 

Steel Dynamics Sees Large Decline in Short Interest

2015-03-31 13:01:26| Steel - Topix.net

Shares of Steel Dynamics were the recipient of a significant decline in short interest in March. As of March 13th, there was short interest totalling 2,477,213 shares, a decline of 37.3% from the February 27th total of 3,951,317 shares, StockRatingsNetwork.com reports.

Tags: large short interest steel

 

Beach Energy shares decline as Chevron abandons shale venture

2015-03-30 13:54:38| Energy - Topix.net

Beach Energy shares dropped as much as 5.6 per cent in early trading after Chevron abandoned its $349 million unconventional exploration venture in the Cooper Basin, leaving Beach to find an alternative partner at a time of reduced spending. The shares in Beach, whose largest shareholder is Seven Group Holdings, slid 6c to $1.02 shortly after the market opened.

Tags: energy beach shares decline

 

Beach Energy shares decline as Chevron abandons shale venture

2015-03-30 06:03:57| Oil & Gas - Topix.net

Beach Energy shares dropped as much as 5.6 per cent in early trading after Chevron abandoned its $349 million unconventional exploration venture in the Cooper Basin, leaving Beach to find an alternative partner at a time of reduced spending. The shares in Beach, whose largest shareholder is Seven Group Holdings, slid 6c to $1.02 shortly after the market opened.

Tags: energy beach shares decline

 

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