Market Flash

Bangladesh and India signed an agreement here on Monday on the proposed 130km oil pipeline aimed at pumping Indian oil to Bangladesh with a capacity of 1 million tonnes per annum.

• India
• Bangladesh

To bolster its power generation capacity to cope with the present power crisis, the government has decided to revive two defunct power units having 2,500 megawatts of capacity by utilizing re-gasified liquefied natural gas (RLNG) for generation.

• Pakistan
• RLNG

On Apr 11, 30,017.02 tons of Xinjiang cotton and 22,105.90 tons of upcountry cotton.

• Cotton
• Auctions

AstraZeneca has bought rights to an experimental antisense therapy from Ionis Pharmaceuticals, in a deal that could be worth more than $300 million.

• NASH
• AZ

The North Carolina-based firm had been trying a different approach than the big pharma companies and had attempted to inhibit a protein called Receptor for Advanced Glycation Endproducts (RAGE).

• vTv
• Azeliragon

A new BIA/Informa Biotech Financing Update covering the December 2017 to February 2018 period looks at all the funding routes for the sector, and the biotech sector association says the first few months bode well for the year.

• Orchard
• GW
• Pharma

Constellation Pharmaceuticals, a company focused on developing small molecule therapies for difficult-to-treat cancers has raised $100 million from a group of old and new investors.

• Constellation
• Biotechnology
• Bio

75 cents per lb and Jul contract closed at 83.55 cents per lb.03 million bales, and exports are reivsed up to 15 million bales.40cent/lb.

• ICE
• Cotton

China's proposed tariffs on US soybean and pork will have limited impact on domestic consumer inflation measured by the consumer price i...

• Tariff
• American
• Export

Nutriband has acquired 4P Therapeutics for $1.9 million. 4P Therapeutics will now become the pharmaceutical and development arm of Nutriband with a specific focus on transdermal and topical technologies, prescription drugs and clinical development.

• Nutriband
• 4P

Lyophilization Services of New England (LSNE) has unveiled a strategic plan to expand its quality control (QC) laboratory in Bedford, NH, and provide new employment opportunities for its analytical and operations workforce.

• LSNE
• Expansions

Prime Minister Theresa May has announced an investment of £75 million into research targeting earlier diagnosis and better treatment for men with prostate cancer.

• fund
• Theresa
• May

The European propylene spot market made marginal gains Friday amid a balanced system and resisting bearish expectations from market players, sources said.

• Propylene
• Europe

German Cal-19 baseload delivery reached a year-to-date high of Eur36.95/MWh Monday morning, up 60 euro cent from Friday, on high coal prices, traders said.

• Germany
• Coal

Accordingly, there is a big possibility that China’s retail ceiling prices for gasoline and diesel will not adjusted in this pricing cyc...

• China
• Gasoline

Provenance and a more handcrafted appearance are driving a growing premium sausage category, but with provenance has come a greater need for transparency throughout the supply chain, according to collagen casings firm Devro.

• Scrutiny
• Sausages

Probiotics could benefit coeliacs by helping to offset gluten intolerances and aid the intake of nutrients into the body, according to the latest work by scientists at probiotic firm Probi.

• Probiotics
• Food Additives

British Sugar is celebrating a ‘record’ year for sugar beet yields, as crops have continued to increase over the past ten years.

• Sugar
• Food Additives

Salmonella, production errors and undeclared allergens in food have sparked recalls over the past week, reported the Food Standards Agency (FSA).

• Salmonella
• Recalls
• FSA

The Associated Press reported Monday that Xi said at a business conference that he would move to “significantly lower” China’s auto impo...

• China
• U.S.
• Auto
• Import