Author: Procurement-Newz
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Copper Gains as Copper Stocks In SHFE Warehouses fell 3.7% in the week
[ad_1] Copper yesterday settled up by 0.37% at 810.4 as stocks in Shanghai Futures Exchange (SHFE) warehouses fell 3.7% in the week. China’s copper cathode output jumped 5.8% in February from a month earlier, as major smelters ramped up production after maintenance. Copper smelters in China, made 785,900 tonnes of copper cathodes last month,…
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UAE Logistics Market is Expected to generate over USD 30
[ad_1] Gurugram, India, March 14, 2022 (GLOBE NEWSWIRE) — Key Findings: – UAE transport infrastructure investments has crossed AED100 Billion between 2006-2018. The investments focused on development of rail network, expansion of airports and sea ports, technologically advanced infrastructure such as Hyperloop, active participation in the China’s belt which is expected to boost the logistics sector of…
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Gatchalian wants minimum oil inventory increased to 45 days
[ad_1] (NIÑO JESUS ORBETA / INQUIRER file photo) MANILA, Philippines — Senator Sherwin Gatchalian is proposing to increase the minimum oil inventory of oil companies from 30 to 45 days amid the conflict between Ukraine and Russia. Gatchalian, who chairs the Senate committee on energy, said that since oil companies are currently required to have…