The cotton industry is witnessing a fierce battle that pits Louis Dreyfus Co. against Singapore-based Olam Agri Holdings in the pursuit of an Australian takeover. Global temperatures keep breaking records — causing wide-ranging impacts for agriculture and energy, and life itself. And palladium is losing its shine to platinum.
Precious metals Platinum traded above palladium in May for the second time this year, and analysts point to a looming deficit as consumption outstrips supply. That view suggests similar reversals may become more frequent for the metals used in catalytic converters of gasoline-powered cars. Much of the demand appears to be from China as the Asian nation expands stockpiles, with platinum imports rising 77% in March.
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