FT.com - Commodities News and Market Datahttp://www.ft.com/markets/commoditieshttp://www.ft.com/rss/markets/commoditiesFT.com - Commodities News and Market Dataen© Copyright The Financial Times Ltd 2008. "FT" and "Financial Times" are trademarks of the Financial Times.support@ft.comFri, 9 May 2008 14:46 BSTFri, 09 May 2008 18:02:50 BSTNewspapers60http://news.ft.com/cms/d1f3ce1a-6bbe-11da-bb53-0000779e2340.gifFT.com - Commodities News and Market Datahttp://www.ft.com/markets/commodities(PICS-1.1 "http://www.classify.org/safesurf/" L gen true for "http://www.ft.com/" r (SS~~000 1))Oil price breaks through $126 a barrelhttp://www.ft.com/cms/s/0/c26d3436-1d96-11dd-983a-000077b07658.htmlhttp://www.ft.com/cms/s/0/c26d3436-1d96-11dd-983a-000077b07658.htmlCrude surged to a new record high as concerns about supplies to the US mounted after Opec blamed a weak dollar for the recent spike in prices rather than a lack of productionFri, 9 May 2008 14:46 BSTCorn shoots higher on US planting gloomhttp://www.ft.com/cms/s/0/67ae14a8-1ceb-11dd-82ae-000077b07658.htmlhttp://www.ft.com/cms/s/0/67ae14a8-1ceb-11dd-82ae-000077b07658.htmlUS corn prices hit record levels amid expectations that an update from the US Department of Agriculture would include downward revisions to production forecasts this year as planting in the Midwest has been hampered by bad weatherThu, 8 May 2008 19:42 BSTIndia moves to stem inflation with futures banhttp://www.ft.com/cms/s/0/9f208ce8-1cde-11dd-82ae-000077b07658.htmlhttp://www.ft.com/cms/s/0/9f208ce8-1cde-11dd-82ae-000077b07658.htmlIn a bid to rein in soaring prices, India has extended its futures trading ban to four more food commodities despite warnings that such measures will do nothing to quell inflationThu, 8 May 2008 17:13 BSTMixed response to holding interest ratehttp://www.ft.com/cms/s/0/ebfeee9c-1cd9-11dd-82ae-000077b07658.htmlhttp://www.ft.com/cms/s/0/ebfeee9c-1cd9-11dd-82ae-000077b07658.htmlThe Bank of England's decision to hold interest rates at 5% disappoints the housing industry, but other business leaders welcome the move to keep inflation in checkThu, 8 May 2008 12:00 BSTAnalyst warns of oil at $200 a barrelhttp://www.ft.com/cms/s/0/70b4ef0a-1b91-11dd-9e58-0000779fd2ac.htmlhttp://www.ft.com/cms/s/0/70b4ef0a-1b91-11dd-9e58-0000779fd2ac.htmlCrude oil prices could surge to $200 a barrel in the next two years, according to the Goldman Sachs analyst who three years ago correctly predicted a price "super-spike" above $100 a barrelTue, 6 May 2008 18:58 BSTOil surges above $122 a barrelhttp://www.ft.com/cms/s/0/440eb2ea-1b43-11dd-9e58-0000779fd2ac.htmlhttp://www.ft.com/cms/s/0/440eb2ea-1b43-11dd-9e58-0000779fd2ac.htmlOil pushed above $122 a barrel, setting a record for a second consecutive session, supported by supply disruptions and optimism that the US economy might escape recession. Tue, 6 May 2008 18:26 BSTOil moves above $120 markhttp://www.ft.com/cms/s/0/78b20a84-1ac0-11dd-aa67-0000779fd2ac.htmlhttp://www.ft.com/cms/s/0/78b20a84-1ac0-11dd-aa67-0000779fd2ac.htmlOil prices hit a record of more than $120 a barrel, driven by fresh supply disruptions in Nigeria and a growing sense of optimism that the US economy might escape recessionMon, 5 May 2008 19:55 BSTEuro firmer on rate outlook http://www.ft.com/cms/s/0/847e41ec-1acb-11dd-aa67-0000779fd2ac.htmlhttp://www.ft.com/cms/s/0/847e41ec-1acb-11dd-aa67-0000779fd2ac.htmlThe euro rose against the dollar for the first time in three days as expectations grew that the European Central Bank would keep interest rates at a six-year high this week, continuing its efforts to curb inflationMon, 5 May 2008 18:54 BSTOil hits above $120 amid Nigeria concernshttp://www.ft.com/cms/s/0/882b42c2-1a8a-11dd-aa67-0000779fd2ac.htmlhttp://www.ft.com/cms/s/0/882b42c2-1a8a-11dd-aa67-0000779fd2ac.htmlOil prices hit record levels above $120 a barrel amid growing hopes that the US economy might avoid recession and further supply disruptions in Nigeria. Mon, 5 May 2008 18:23 BSTIndia extends futures trading ban http://www.ft.com/cms/s/0/3f88c004-1d45-11dd-82ae-000077b07658.htmlhttp://www.ft.com/cms/s/0/3f88c004-1d45-11dd-82ae-000077b07658.htmlFour more food commodities added to list despite warnings, including from the government-appointed market regulator, that such measures will do nothing to quell inflation Thu, 8 May 2008 22:42 BSTCall options bet on oil hitting $200http://www.ft.com/cms/s/0/94cc3612-1d32-11dd-82ae-000077b07658.htmlhttp://www.ft.com/cms/s/0/94cc3612-1d32-11dd-82ae-000077b07658.htmlThe number of financial bets on crude oil prices hitting $200 before the end of this year have spiked almost 40 per cent since the start of May, a further sign of growing concern that oil prices will continue to rise sharply in the near termThu, 8 May 2008 22:27 BSTView of the day: Hot rockshttp://www.ft.com/cms/s/0/2864205c-1d0f-11dd-82ae-000077b07658.htmlhttp://www.ft.com/cms/s/0/2864205c-1d0f-11dd-82ae-000077b07658.htmlDiamond prices are strong and a premium is being placed on producers and explorers, writes Dex Kilalea at RBC Capital MarketsThu, 8 May 2008 17:22 BSTNo silver lining as prices take a tumblehttp://www.ft.com/cms/s/0/77329568-1c71-11dd-8bfc-000077b07658.htmlhttp://www.ft.com/cms/s/0/77329568-1c71-11dd-8bfc-000077b07658.htmlA greater role for ETFs may not be enough to prevent long-term falls in the value of the precious metal Thu, 8 May 2008 00:16 BSTThe Short View: Euro and oilhttp://www.ft.com/cms/s/0/1232f96e-1c5d-11dd-8bfc-000077b07658.htmlhttp://www.ft.com/cms/s/0/1232f96e-1c5d-11dd-8bfc-000077b07658.htmlJohn Authers on the relationship between the single currency and the price of crude oilWed, 7 May 2008 21:02 BSTFears rise as rice delta destroyedhttp://www.ft.com/cms/s/0/2cc25e40-1c4f-11dd-8bfc-000077b07658.htmlhttp://www.ft.com/cms/s/0/2cc25e40-1c4f-11dd-8bfc-000077b07658.htmlConcerns rise over Burma's future rice self-sufficiency following the havoc wreaked by tropical cyclone Nargis on the country's most important rice-growing areaWed, 7 May 2008 17:34 BST