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Five Key Charts to Watch in Global Commodity Markets This Week

Five Key Charts to Watch in Global Commodity Markets This Week
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Five Key Charts to Watch in Global Commodity Markets This Week

(Bloomberg) Global shipping rates are surging as tensions rise in the Red Sea, after the US and UK conducted airstrikes against the Iran-backed Houthi militants in retaliation for their attacks on merchant ships. Alcoa Corp. releases earnings on Wednesday, marking the unofficial start of the commodity world’s quarterly reporting season, while cocoa’s upward momentum continues.Most Read from BloombergUS Economy Set for Another Cash Boost If Congress Backs Tax DealApple to Shutter 121-Person Sa ....

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Five Key Charts to Watch in Global Commodity Markets This Week

(Bloomberg) Global shipping rates are surging as tensions rise in the Red Sea, after the US and UK conducted airstrikes against the Iran-backed Houthi militants in retaliation for their attacks on merchant ships. Alcoa Corp. releases earnings on Wednesday, marking the unofficial start of the commodity world’s quarterly reporting season, while cocoa’s upward momentum continues.Most Read from BloombergTrump Scores Easy Win in Iowa With DeSantis a Distant SecondUS Merchant Vessel Struck as Shipp ....

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Alcoa set to slow output at WA alumina plant to cut costs

Alcoa will curtail its Kwinana alumina refinery, which has about 860 workers and 320 contractors as the top US aluminium producer begins to reckon with cost-cutting measures. ....

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Alcoa closes Kwinana refinery in WA with 750 jobs to go

Operations at its oldest refinery in Western Australia will be drastically curtailed, cutting hundreds of jobs and ceasing production by the end of the year. ....

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