Author archives: Edward Hutton

American Exporters Sell Soy to China Despite Rising Tensions

American soybean exporters sold several cargoes to Chinese state-run buyers, according to people familiar with the matter, showing that some transactions are still going through even after officials in Beijing ordered a pause in some purchases.   Shippers sold as many as four cargoes of U.S. soybeans from the new crop, said the people, who asked not …

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New Virus Hotspot Latin America Houses World’s Biggest Mines

The decision to keep Chinese factories shut after the Lunar New Year sent shudders through the giant mines of Brazil and Chile that feed them. Now, with China getting back to work and Latin America the new virus hotspot, concern is shifting from demand to supply.   Iron-ore shipper Vale SA had a scare last …

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Copper Rallies After Trump Remarks, China Data

Copper in Shanghai headed for its best close since March in a relief rally after U.S.-China tensions eased and manufacturing data from the Asian nation pointed to a continuing slow recovery.   President Donald Trump’s threatened new measures against China proved weaker than expected, easing a major source of market jitters over the past week. That left …

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Soybeans Climb as Dollar Drops and Trump Keeps Trade Deal Intact

Soybean futures in Chicago advanced as the dollar extended declines and President Donald Trump stopped short of spelling out tough new sanctions against China over Hong Kong and kept the phase one trade deal with Beijing intact. Corn increased, while wheat snapped two days of gains.   The Bloomberg Dollar Spot Index tumbled to the weakest in …

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