Tag Archives: commodity

Random: Are you sleepy at work?This new “Pokémon Sleeping Companion” puts your head on the ground in Gengar | Instant News


©Bandai

Pokemon In recent years, we have provided us with some very incredible consumer products, such as Snorlax plush this is Literally It’s big enough to sleep.

Premium Bandai, the company that created this particular dream product, is back with another plush related to Pocket Monster that we don’t know we need: Gengar “sleeping companion”.

The idea here is to put your head in Gengar’s mouth and lie on it with a 5.5-foot-long tongue (or, if you prefer, wrap it up).As you can see from the promotional image, the product application seems to be endless.

Gengar "Sleeping partner"©Bandai

It is expected to be launched in Japan around June at a price of 25,950 yen (approximately GBP 183 / USD 250).As Google Translated Product Page So eloquently:

Sleep on Gengar’s tongue! ? Gengar is finally here! You want to lick absolutely…into Gengar in your mouth while sleeping with Gengar’s tongue! ! About to be licked now, everyone in Gengar.

well said.

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A cute animal crossing model will be launched this year, we all need them | Instant News


Just when you think the series is not profitable, a set of cute mini figures Animal Crossing: New Horizons Pop to melt our poor little hearts.

The suit comes from Bandai Skokugan and will be launched in June this year. As part of the collection, you will find Tom Nook, Isabelle, Flick, Lolly, Dom, Flurry and Marshal waiting for you, and the whole gang is bundled together for $47.95.

The new Shokugan flocking doll series features Animal Crossing: a popular villager in the New Horizons video game series. Each character is about 2 1/5 inches tall. The soft and fuzzy texture makes these already cute characters even more adorable! Each has a window frame. The “Animal Crossing: New Horizons Villagers” series of mini figurines set contains all 7 characters and is packaged in a special set.

The collection can be found at Entertain the earth; Pre-orders are sold out, but as we approach the June 2021 release date, it may be worth paying attention to more inventory.

Will you pay attention to these when they are launched later this year? Let us comment.

Please note that some external links on this page are affiliate links, which means that if you click on them and make a purchase, we may receive a small amount of sales.Please read our FTC disclosure For more information.

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Project to transform Australia’s recycling sector | Instant News


Joint media release with Minister of the Environment Sussan Ley MP

A project to turn food waste into biodegradable plastic wrap and another using AI to sort plastic recycling is supported by the Morrison Government, in an effort to grow the economy and help the environment.

The government is investing $ 14.9 million in nine projects valued at more than $ 40 million under the Round 10 of Cooperative Research Center Projects (CRC-P) initiative.

Great Wrap will use $ 210,000 to convert food waste into compostable plastic wrap for use by the food and shipping industries. This can remove up to 150,000 tonnes of food and plastic waste from the landfill every year.

Advanced Circular Polymers will use $ 2 million to develop and commercialize an AI-enabled autonomous reject system for plastic recycling, which could increase Australia’s recycling capacity by 42,000 tonnes annually and divert nearly 17,000 tonnes of plastic residue from landfills.

Minister of Industry, Science and Technology Karen Andrews said the projects represent a huge industrial opportunity that comes from preserving the environment.

“By investing strategically in our waste management and recycling sector, we are supporting Australian producers to develop and commercialize cutting-edge technology that creates opportunities for new jobs and exports,” said Minister Andrews.

“We know strong collaboration between industry and researchers is key to creating a strong, competitive and highly skilled manufacturing sector and that is what this CRC-P grant will do.

“These projects will not only provide significant benefits by enhancing Australia’s waste management capabilities, but will also grow Australia’s capacity to produce high value recycled commodities.”

Waste Recycling and Clean Energy is one of the six National Manufacturing Priorities in the Government’s Modern Manufacturing Strategy.

Environment Minister Sussan Ley said that with the Morrison Government’s historic Recycling and Waste Reduction Act passing in Parliament, with a gradual ban on exports of plastic, paper, glass and tire waste from 1 January 2021, there has never been a more important time to support innovations in recycling technology and infrastructure.

“The first national waste and recycling law, and the development of new technologies will take us one step further towards realizing the full value of our waste, rather than losing it to landfills,” said Minister Ley.

“Cutting-edge recycling technology is essential in building the capacity of the waste and recycling industry, in creating new markets for recycled materials, and with that new jobs.

“CRC’s support for remanufacturing and product innovation, together with our investment in new infrastructure through the Recycling Modernization Fund are key to achieving our national target of an 80 percent recovery rate in all waste streams by 2030.”

This funded project round will benefit from $ 25.2 million in cash and in-kind contributions from 46 project partners.

The project involved 32 Australian companies, including 27 small and medium enterprises. Of these companies, about 20 percent are in regional areas.

A list of successful applications is available on https://www.business.gov.au/crc-p.

/ Public Release. Material in this public release comes from the original organization and may be point-in-time, edited for clarity, style and length. view more here.

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TCP seeks loan of Rs424mth to import commodities | Instant News


KARACHI: Pakistan’s state-owned trading company (TCP) has requested Rs424 billion worth of commodity financing from banks to import sugar, wheat, urea and cotton next year, it studied on Tuesday.

Sources said all banks under the licensing requirements of the State Bank of Pakistan (SBP) can participate in the loans required for the three-month commodity financing through March at the 3-month Karachi interbank offered interest rate on December 31.

“TCP has obtained approval from the finance ministry to finance planned commodity operations, and the bank will provide financing against government guarantees,” an official said, requesting anonymity.

TCP is a large trading house in the public sector with a main focus on importing essential goods to stabilize prices in local markets and bulk industrial raw materials to achieve economies of scale and to introduce / promote trade in non-traditional goods with socialist countries.

TCP is conducting a study to find out the actual needs of various country commodities in the next five years. The research study will focus on domestic demand for commodities from 2020 to 2025 to get the best estimate.

Understanding the structure and growth of commodity demand is important for decision making in the existing operating environment, as well as for expansion strategies. Therefore, a study is underway which envisages market research and data collection through authentic national and international sources; preparation of demand by sector taking into account all market variables; and preparation of total national needs.

According to a recent report released by the State Bank of Pakistan, while setting targets for agricultural growth in the 2020 fiscal year, the government has put its hopes on improving the performance of this important crop.

“Although important crops were not expected to reach their fiscal year 21 target, they were able to record a turnaround compared to last year,” said the report.

During the summer, pests and heavy rains disrupted cotton production, which was 9.2 million bales against the target of 12.7 million bales. Farmers also dedicate a smaller area to sugarcane production, mainly because of delayed payments in previous seasons; As a result, sugarcane production of 66.9 million tons was around 1.8 million tons lower than the annual target.

Furthermore, during winter, wheat production was unable to produce the apparent crop based on the acreage planted, mainly due to heavy rains and unfavorable temperatures at harvest time. Preliminary estimates show wheat production at 24.9 million tonnes, far short of the target of 27 million tonnes for this year.

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Fatal Landslides in Brazil Pushing Iron Ore Record Towards | Instant News


SYDNEY – Iron ore prices soared to a record as a landslide at a Brazilian iron ore mine raised concerns about supply and demand in China getting hotter.

Iron ore prices jumped 7.8% to $ 176.90 a metric ton on Monday, the highest since September 2011 and nearly doubled its value at the start of the year, according to data from S&P Global Platts.

Iron ore, the main ingredient of steel, is one of the most traded commodities in the world among the best performing assets of 2020. It is currently less than 10% of the record price of $ 193 per tonne reached in February 2011.

Landslide last week at

Valley SA

VALLEY -2.13%

The Córrego do Feijão mine, which killed a worker, has raised renewed concerns about supplies from Brazil. Shipments from the country – the second largest iron ore exporter, after Australia – have not fully recovered from a previous waste dam collapse and pandemic-related disruption to port and rail facilities.

The city of Brumadinho, in Brazil’s Minas Gerais state, where the Córrego do Feijão mine is located, has suspended Vale’s operating license for seven days, Vale said. It is the same part of Brazil where the dam exploded in 2019, killing 270 people.

“Being close to where the original dam failure occurred, the market is becoming increasingly concerned that Vale will struggle to reach new, lower targets for production,” said Daniel Hynes, senior commodity strategist at

Australian and New Zealand Banking Group Ltd.

The market was caught up this month when Vale said it would fail to meet its previous production target for 2020 and set its 2021 goal well below analyst expectations, Hynes said. Vale produces about 20% of the world’s iron ore which is traded by sea.

There are also concerns about supplies from Australia as the country enters its annual cyclone season, while China – the biggest iron ore buyer globally –has targeted commodities ranging from coal to wine with tariffs and other import restrictions as part of a broader diplomatic dispute.

“It’s no wonder the market places a supply risk premium on current prices,” said Hynes.

The stimulus in China and relatively low prices for metallurgical coal, also used to make steel, have given mills the flexibility to pay more for iron ore, the Australian government said in a report Monday.

China produces more than half of the world’s steel, and has recently produced it at near record rates. Its crude steel production totaled 92.2 million tonnes in October, up 13% on the same month a year earlier, according to the World Steel Association. November data will be published later Tuesday.

Several analysts raised their iron ore forecasts in recent weeks as prices rose.

JP Morgan

raised its 2021 price forecast by 20% to $ 126 per tonne, citing strong Chinese steel production and a softer-than-expected production forecast from Vale.

“China’s data continues to improve,” JP Morgan analyst Lyndon Fagan wrote in a Dec. 14 note. Gauges of Chinese manufacturing and non-manufacturing activity recently posted their highest levels in three and eight years, respectively recoveries that expand in the second largest economy in the world.

Speculators have also sparked a rally, analysts said.

Jefferies Financial Group Inc.

on December 10 forecast iron ore prices will peak between $ 180 and $ 200 per tonne in the first quarter of 2021.

However, commodity steelmaking prices will retreat in the next year as Chinese demand cools and supply recovers, said Capital Economics analyst Samuel Burman. He estimates the price will return to $ 100 per tonne by the end of next year.

Citigroup Inc.

has the same forecast for end-of-2021 prices, although the bank expects iron ore to remain above that figure over the next few months due to a shortage of supply. “The expected surplus after 2022 will put prices on a downward trend from cyclical highs,” Citi said in a note.

Write to Rhiannon Hoyle at [email protected]

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