It has been a bad month for most commodity prices, but not precious metals. The weakness in Liquefied Natural Gas (LNG) prices has continued, with the price falling sharply over the last month. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
Commodity prices weak but precious metals up: a monthly review of commodity and financial markets
Welcome,
Cocoa surges but oil and gas prices remain weak: a monthly review of Papua New Guinea commodity and financial markets
Welcome,
The big mover this month was the cocoa price which was up 6.6 per cent for the month according to Kina Securities. Otherwise commodity prices moved sideways or weakened. Business Advantage PNG’s monthly overview of commodity and financial markets.
In brief: BCL proposes re-opening Panguna copper mine by 2020, and other business stories
Welcome,
BCL talks with Bougainville government and landowners about re-opening Panguna, investors confident in PNG despite low global energy prices, and improvements on the way for Jacksons Airport. Your weekly digest of the latest business news.
Palm oil jumps but gas eases: a monthly review of Papua New Guinea’s commodities and financial markets
Welcome,
The big mover this month was palm oil, which was up 20.5 per cent for the month according to Kina Securities. Oil prices have continued to hold up but LNG prices have eased. Business Advantage PNG’s monthly overview of commodity and financial markets.
In brief: Dual citizenship a reality by March, and other business stories
Welcome,
Dual citizenship almost a reality, Wereh outlines the impact of climate change on road design and funding, and the cost to business of family violence revealed. Your weekly digest of the latest business news.
Oil and metals in holding pattern: a monthly review of Papua New Guinea’s commodities and financial markets
Welcome,
Commodities markets appear to have entered a holding pattern, with stability evident in the oil market and metals. Business Advantage PNG’s monthly overview of Papua New Guinea’s commodity and financial markets.
People moves: Kina Securities, PNG Cocoa Board, National Airports Corporation, Mainland Holdings
Welcome,
Senior appointments at Kina Securities, a new Director for the PNG Cocoa Board, a new Acting Managing Director at Airports Corporation, and a new Poultry Manager at Mainland Holdings
People moves: Oil Search, Kina Securities, University of Natural Resources and Environment
Welcome,
Directors retire from Oil Search board, Kina Securities appoints a new non-Executive Director, and the new Vice-Chancellor of the University of Natural Resources and Environment arrives
In brief: Trade Minister says Papua New Guinea will break global trade laws with proposed rice plan, and other business stories
Welcome,
Trade Minister Maru says he will recommend the government abandon its proposed rice policy, Bougainville landowners want government to hold its BCL shares, and Fiji says there are no bans on PNG imports. Your weekly digest of the latest business news.
Recent readers’ comments