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Vietnam’s Largest Listed Jeweller Forecasts Loss After Diamond Scandal

PNJ also plans to slash its revenue target. Losses in 2026 are expected as a result of a huge provision for customer buybacks following a smuggling scandal.

Vietnam’s Largest Listed Jeweller Forecasts Loss After Diamond Scandal

We haven't written up this one. Business of Fashion has the full story — the link below goes straight to it.

Read the original at businessoffashion.com →

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Steel Nears 2-Week Low

Steel rebar futures in China dropped below CNY 3,100 per ton, approaching two-week lows as persistent weakness in demand continued to pressure the market, while disappointing economic data from top…

Wheat Hits 1-Month Low

Wheat fell below $7 per bushel in late September, remaining near its lowest level since August 25 as traders assessed fresh details of the US-China trade agreement, including tariff reductions on…

  • Wheat prices hit $7 per bushel, lowest in a month
  • US-China trade deal includes $30B in tariff cuts
  • Traders cautious, await Chinese purchase confirmation

Iron Ore Approaches 7-Week Low

Iron ore futures in China slipped to around CNY 705 per ton on Monday, nearing seven-week lows as ample global supply and weakening steel demand pressured the market.

  • Iron ore prices hit 7-week low at CNY 705 per ton in China
  • Abundant global supply and reduced steel demand driving prices down
  • Chinese steel mills' profitability and output declining

Canadian crude and refined product exports poised for growth

Since crude occupies the largest share in Canada’s energy exports, let us start with that commodity before taking a look at refined products and LPG.

  • Canadian crude exports to Northeast Asia expected to grow due to supply disruptions in Middle East.
  • Western Canadian crude production projected to increase in Q4 2026 and Q1 2027 after maintenance.
  • Seaborne refined product exports limited by port and terminal constraints on Canada West Coast.

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