Kernel Commodities

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Kernel Commodities

Kernel Commodities

@KernelComm

Trading #Commodities. Delivering Trust. [email protected]

Sumali Temmuz 2024
221 Sinusundan43 Mga Tagasunod
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Javier Blas
Javier Blas@JavierBlas·
Germany day-ahead baseload power for Thursday climbs to ~€395 per MWh, unseen since the worst of the energy crisis in 2022. Meanwhile, UK has reached a peak of gas-fired electricity generation of 27.1 GW earlier today (that's the **4th highest** peak gas burn in ~15 years)
Javier Blas@JavierBlas

Another day of sky-high electricity prices across much of Europe as wind speed falls. Germany drawing strongly on fossil fuels and, crucially, imports of French nuclear electricity to keep the lights on | #Dunkelflaute #Energiewende

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Javier Blas
Javier Blas@JavierBlas·
As commodity giant Cargill lays off 5% of its global workforce (that's ~8,000 people), take a look at my video-column from September about its profitability (which the company prefers to keep secret) @Opinion
Javier Blas@JavierBlas

VIDEO COLUMN: The largest privately-owned company in America faces leaner times. Cargill reported net income of $2.48 billion in its 2024 fiscal year — the lowest in nearly a decade, and less than half the record high of FY2022. @Opinion

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Rio Tinto
Rio Tinto@RioTinto·
Our Beyond Rare™ Tender of pink, red, violet and yellow diamonds has delivered strong results. More info: riotinto.com/en/news/releas…
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Esteban Moscariello
Esteban Moscariello@moscarielloe·
Petrobras impulsa productores de etanol en Brasil con plan de Joint Venture.
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Javier Blas
Javier Blas@JavierBlas·
Texas and another 10 states are suing BlackRock, Vanguard, and State Street for allegedly combine their market clout to pressure coal producers to cut output. Something I have said in my @Opinion columns in the past. This is for 2022: bloomberg.com/opinion/articl…
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zerohedge
zerohedge@zerohedge·
*ARABICA COFFEE CLIMBS TO HIGHEST SINCE 1997 ON SUPPLY WORRIES
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Kernel Commodities
Kernel Commodities@KernelComm·
@Alcoa Joins the World Economic Forum’s First Suppliers Hub:Connecting Leading Companies with Low-Carbon Aluminum Technologies
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Kernel Commodities
Kernel Commodities@KernelComm·
#Ironore prices rise on the DCE by more than 1.8% on Monday. On the SGX, the increase was of almost 2.7%, currently at around $100 per metric ton. Short-term demand for the most important raw material for steel production from China remains strong and could rise even further.
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Kernel Commodities
Kernel Commodities@KernelComm·
@RioTinto has agreed to supply high-grade direct reduction iron ore pellets from its #Ironore Company of Canada operations to support GravitHy's steel decarbonization project in France.
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Kernel Commodities
Kernel Commodities@KernelComm·
The UK Department for Energy Security & Net Zero has announced plans for the introduction of legislation to restrict licenses for new #coal mining projects as the UK embraces clean energy.
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