BCX News and Press, BlackRock Resources of Beneficial Interest From 06/12/19

The lumber futures market is highly illiquid with only 4428 contracts of open interest. However, lumber is a critical raw material when it comes to construction. I view the price action in the lumber futures market as one of the leading benchmarks when it comes to the overall health of the US ...

We have been hearing a lot about rare earth metals these days as they could become the next tool or weapon in the escalating trade war between the United States and China. Rare earth metals are a group of seventeen elements that come from the crust of the earth and are a challenge to find and ...

Copper prices slide to a five-month low as a higher dollar and concerns about weaker global growth and demand from the U.S.-China trade dispute outweighs dovish comments from Federal Reserve Chairman Powell. More news on: Freeport-McMoRan Inc., Rio Tinto Group, BHP Group, News on ETFs, ...

The protectionist policies of the Trump Administration in the United States are meant to both level the playing field for international trade, and to support US business and exports. When it comes to the steel business, other nations were dumping the ferrous metal on the US business for decade...

Last year at this time, the price of lumber moved to an all-time high at $659 per 1,000 board feet in a move that began in September 2015 at $214.40 and surpassed the previous record level established in 1993 at $493.50. The price of wood rallied on the back of low interest rates, economic gro...

Industrial companies and metals producers reliant on Chinese demand bounce off opening losses but remain sharply lower following Pres. Trump's latest tariff threat. More news on: Deere & Company, DowDuPont Inc., Caterpillar Inc., Stocks on the move, Commodities news, News on ETFs, ...

There is an ongoing divergence between the price of iron ore and steel which is the result of production issues when it comes to the raw material and trade policy when it comes to the processed commodity. At the same time, the VanEck Steel Index ( SLX ) has moved higher with the price of iron ...

BlackRock Resources and Commodities Strategy Trust (NYSE: BCX ) - $0.0516. BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ ) - $0.0467. BlackRock Energy and Resources Trust (NYSE: BGR ) - $0.0776. BlackRock International Growth and Income Trust (NYSE: BGY ) - $0.0338. BlackRock H...

Rio Tinto (NYSE: RIO ) says iron ore operations in Western Australia's Pilbara region are progressively resuming following last week's tropical cyclone Veronica, but initial inspections uncovered some damage to the Cape Lambert A port facility. More news on: Rio Tinto Group, BHP Group, V...

While the lumber market is one of the least liquid contracts that trade in the futures arena, it is a critical benchmark when it comes to judging economic expansion or contraction. Following the price of lumber futures enhances the overall picture of the US and global economy and the price pat...