SABIC, Ma'aden to produce 1m tons of phosphate next year

Arabian Business dot com
by Bloomberg
"Saudi Basic Industries Corp, the world’s largest petrochemicals maker, and partner Saudi Arabian Mining Co will produce about 1 million tons of phosphates next year at a joint venture plant that the partners are completing."
http://bit.ly/aL0smi

SMX to launch world’s first international Black Pepper Futures

"SMX has obtained approval from the Monetary Authority of Singapore (MAS) to list SMPEPPER on its trading platform"
Commodities Now
http://bit.ly/9JLIQW

QE2 'myth' may hurt oil market

OIL&GAS Journal
Sam Fletche
Senior Writer
"A “general Wall Street myth” that a second round of “quantitative easing” of the economy (QE2) should prove bullish for oil through the lower dollar index may prove bearish instead. QE1 was the Federal Reserve Bank's unprecedented purchase of debt to prop up the housing market and credit facilities for big banks."
http://bit.ly/9L86iv