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FXEmpire.com - Natural Gas Price Forecast Video for 09.11.23

A fire was extinguished on Wednesday at Russia's Ozerny mining and processing plant and the company was assessing the possible impact on the planned start next year of full-scale operations at the country's largest zinc deposit, a spokesperson said.

Half of Tereos sugar factories in France had to slow production due to a lack of sugar beet, France's largest sugar maker said on Wednesday after nearly uninterrupted rainfall in recent weeks prevented many farmers from harvesting their fields.

U.S. stock index futures edged up on Wednesday as investors awaited Federal Reserve Chair Jerome Powell's speech at a conference to gauge his view on interest rates and the state of the economy.

Inditex founder Amancio Ortega's investment firm Pontegadea is pushing further into renewable energy, closing in on a deal with Repsol to buy a 49% stake in its wind farms and photovoltaic power plants in Spain, two sources familiar with the deal told Reuters.

Argentina's 2023/24 wheat harvest is now estimated at 13.5 million metric tons, down from the 14.3 million tons previously forecast, due to adverse weather conditions, the Rosario Grains exchange said on Wednesday.

Argentina's 2023/24 wheat harvest is now estimated at 13.5 million metric tons, below the 14.3 million tons previously forecast, the Rosario Grains exchange said on Wednesday.

Exports of Ukrainian food by road declined slightly in the first six days of November amid difficulties on the Ukrainian-Polish border caused by a drivers' strike, brokers said on Wednesday.

Ralph Lauren beat Wall Street estimates for quarterly revenue on Wednesday as its younger, wealthier customer base continued to snap up its pricey shirts and sweaters in the U.S., signaling steady demand ahead of the key holiday season.

Bata India reported a 38% fall in second-quarter profit on Wednesday, hurt by a one-time charge and as inflationary pressures kept footfalls at its shoe outlets in check.

U.S. stock index futures were little changed on Wednesday as investors awaited Federal Reserve Chair Jerome Powell's speech at a conference to gauge his view on interest rates and the state of the economy.

Zinc prices touched the highest in over a month on Wednesday on concerns about supply after reports of a fire at a Russian mine project and after recent mine suspensions.

Chicago soybean prices firmed more than 1% on Wednesday, trading close to their highest levels in two months, as adverse weather conditions in top exporter Brazil and strong Chinese demand underpinned the market.

Under Armour on Wednesday raised its annual gross margin forecast as the company benefits from easing freight and raw material costs and keeps a tight lid on expenses.

Algeria's state grains agency OAIC is believed to have bought around 550,000 to more than 600,000 metric tons of milling wheat in an international tender which closed on Tuesday, European traders said on Wednesday.

India's rice stocks were around double its target at the start of November, government sources in the world's second-biggest producer country said on Thursday.

Algeria’s state grains agency OAIC is believed to have bought around 550,000 to 580,000 metric tons of milling wheat in an international tender which closed on Tuesday, European traders said on Wednesday.

Former COFCO vice general manager Zhou Zheng is under investigation for suspected violation of discipline and law, Chinese state media said on Wednesday.

In September, amid a shortage of white rice in Malaysia, rice mill operator and wholesaler Allen Lim started receiving calls from supermarkets asking for additional supplies. But he had to turn them down.

One female worker was killed and several others were injured in Bangladesh on Wednesday during clashes between police and stone-throwing garment workers who are demanding a bigger pay rise, police said.