* Mining stocks down 1% * RBA decision on reduction of bond buying stalls * NZ closes flat (Updates to be closed) Aug 3 (Reuters) – Australian stocks fell on Tuesday as mines and energy stocks dragged down as the country’s central bank sticks to its words to cut stimulus …
Read More »Solar energy tariffs drop to record highs as costs rise
India’s solar energy tariffs are starting to rebound from record levels last December, boosted by factors such as rising commodity prices and an increase in the cost of imported solar equipment from next year, said two people aware of the problem. Recent auctions have shown that developers take into account …
Read More »Thermal coal prices soar as demand for electricity rebounds
Raw material updates Sign up for myFT Daily Digest to be the first to know about commodity news. Supply disruptions, drought in China and rebounding demand for electricity have boosted the thermal coal market, making the world’s least-valued commodity one of this year’s best-performing assets. Since the start of the …
Read More »Gold Slides As Dollar Firms and Treasury Yields Bounce
A hallmark is struck on a gold ingot at the Gulidov Krasnoyarsk non-ferrous metal factory. Kirill Kukhmar | TASS | Getty Images Gold prices fell on Wednesday as a dynamic dollar and a rebound in US Treasury yields dampened inflows into safe-haven bullion, spurred by fears that the variant of …
Read More »Actions at worst in 18 months amid global COVID-19 outbreak
LONDON (Reuters) – Risk aversion reigned on Monday as an increase in coronavirus cases around the world lowered bond yields and left stocks facing their longest streak of losses since the pandemic hit the world markets for the first time 18 months ago. FILE PHOTO: The trading floor is seen …
Read More »OPEC and allies agree to boost supply and phase out oil production cuts
Saudi Energy Minister Prince Abdulaziz bin Salman Al-Saud speaks via video link during a virtual emergency meeting of OPEC and non-OPEC countries at the following the coronavirus epidemic (COVID-19), in Riyadh, Saudi Arabia, on April 9, 2020. Saudi Press Agency | Reuters DUBAI, United Arab Emirates – The Organization of …
Read More »Upstream M&A activity peaks in two years
The recovery in the oil and gas sector extends to what had been an extremely anemic M&A market. Data analytics firm Enverus, reporting on second-quarter activity, found activity had peaked in two years with 40 transactions totaling $ 33 billion. Seven of those deals were worth more than $ 1 …
Read More »China vows to curb commodity speculation to ensure price stability
China will crack down on hoarding and commodity speculation while ensuring supply and price stability, with the aim of containing the price volatility seen in recent months, the Chinese Ministry of Industry and Technology said. information. “We will coordinate with the relevant departments to ensure the stability of supplies and …
Read More »Poll – The New Indian Express
Through PTI NEW DELHI: The rise in the prices of fuel and basic necessities amid the Covid-19 pandemic has hit the finances of the population, with a majority of consumers surveyed predicting a drop in their incomes as well as savings over the course of exercise, according to a survey. …
Read More »In the United States, producer prices rise more than expected in June
Lordstown Motors associates work on a pre-production all-electric pickup truck, the Endurance, at the Lordstown Assembly Plant in Lordstown, Ohio, USA on June 21, 2021. REUTERS / Rebecca Cook WASHINGTON, July 14 (Reuters) – Producer prices in the United States rose more than expected in June, suggesting that inflation could …
Read More »Rising fuel prices eat away at non-discretionary healthcare spending: SBI report
Steadily rising prices for automotive fuels (gasoline and diesel) have not only fueled inflationary concerns in recent months, but also changed consumer spending patterns. A recent report from the economic wing of the State Bank of India (SBI) suggests that, as consumers spend more on fuel, it crowds out healthcare …
Read More »Editorial | Long under control, inflation rears its ugly head | Editorials
It is impossible to ignore the rapid rise in prices at the gas pump. The economies of the United States and Illinois appear strong, with forecasts for continued growth on both fronts. But not all the news is good. The return of inflation, the scourge of the 1970s and 1980s, …
Read More »“Commodity prices present an upward risk for inflation”
NEW DELHI: The Finance Ministry said on Friday that rising global commodity prices, especially crude oil and higher logistics costs, pose an upside risk to inflation, although it has sought to take comfort from the monsoons and the openness of the economy to reduce economy pressures. Although the monthly economic …
Read More »SaskEnergy Managed Commodity Prices In A Pandemic, Reporting $ 59 Million Net Profit
Breadcrumb Links Local News The state-owned natural gas company posted a net profit of $ 59 million during the pandemic and posted its lowest prices in 20 years Author of the article: Alec Salloum SaskEnergy handled the global oil price collapse and was still able to provide low rates and …
Read More »Raw materials fuel yields: raw materials enter a “supercycle”
As the global economy picks up, commodity prices are skyrocketing. After dropping to negative numbers last year, a barrel of oil is back above $ 78, its highest price since 2019. Meanwhile, tensions between major oil exporters, including Saudi Arabia and the United Arab Emirates, could see prices rise further. …
Read More »Commodity Tracker: 5 charts to watch this week
The dynamics of the natural gas market are in the sights of the editors of S&P Global Platts this week, as European prices soar due to a variety of factors. In addition, the main trends in emissions, US gas, aluminum and coal. 1. The tightness of LNG, the lack of …
Read More »Budweiser’s New Boss Gets Improved But Volatile Brew
Budweiser’s new CEO needs your beer money to pay off the mortgage. This week, Michel Doukeris replaced longtime CEO Carlos Brito as the head of the world’s largest brewer Anheuser Busch InBev. With improving sales, stock analysts expect internal staff to stick to the company’s existing strategy rather than making …
Read More »Gold price near two-month low. Should you buy dips?
Due to mixed signals from the US Federal Reserve on interest rates, the price of gold is currently at its 2-month low. However, commodities experts believe this is a good opportunity for gold investors, as growing fear of the Delta variant of Covid-19 in Asia and Europe could support demand …
Read More »The minutes of the Fed, the ECB and all eyes on inflation in China
Euro, Hong Kong dollars, US dollars, Japanese yen, British pounds and 100 Chinese yuan banknotes are seen in this illustration, in Beijing, China on January 21, 2016. REUTERS / Jason Lee / File Photo July 2 (Reuters) – Minutes of the June US Fed and ECB meetings, plus the latest …
Read More »See strong demand for copper, price around $ 11,000 / Mt in 3-4 years, says Xm Australia CEO
Commodity prices have grown very strongly and commodity stocks have performed even better recently. Copper led the pack in commodities as the price of the metal rose 75% from pre-COVID levels to a new all-time high. So the big question is, are headwinds emerging now? Copper prices fell about 12% …
Read More »EXCLUSIVE Energy Trader Mercuria Post Volatile Record 2020 Profit
A flag with the logo of the commodity trading house Mercuria is pictured in Geneva, Switzerland on October 11, 2016. REUTERS / Denis Balibouse / File Photo LONDON, June 30 (Reuters) – Mercuria Energy Group had a booming year in 2020, driven by the extreme volatility observed in the oil …
Read More »Strong demand grows | Farm progress
Interest in buying farmland has grown since a downturn induced by a coronavirus pandemic blanketed the land market last spring. Farmers feel more financially secure, as very high commodity prices have arrived on top of large government payments in 2020. This is causing farmers to bid more aggressively for additional …
Read More »Commodities remain a popular bet despite recent declines
Many commodities, from copper to lumber, have fallen from their pandemic price peak, easing more acute concerns about an inflationary spiral. But investors remain bullish on many of them, arguing that they still look cheap. Copper is down 10% from the record set in March. First-month corn and soybean futures …
Read More »Canadian stocks remain near record highs, supported by commodity prices; BMO on the influence of oil and gas
Canada’s main stock market, the Toronto Stock Exchange, added another 15 modest points on Friday to the nearly 50 points gained on Thursday, leaving the heavy resource index to approach recent all-time highs, supported by rising prices raw material. Reflecting this, BMO Economics in its âTalking Pointsâ note this Friday …
Read More »Bank of England warns of rising inflation, but rates are held | Economic news
By PAN PYLAS, Associated Press LONDON (AP) – The Bank of England kept its main interest rate at a record low of 0.1% on Thursday, even as it warned inflationary pressures were mounting as the UK economy rebounded from the lifting of many coronavirus lockdown restrictions. In a prepared statement …
Read More »Watch for these signs of increasing risks in emerging markets
Text size Nanjing Road pedestrian street in Shanghai, China. As China prepares to tighten credit, the risk to emerging markets increases. Lintao Zhang / Getty Images Low interest rates and expectations of a global economic recovery have recently supported emerging markets, but strategists see reasons for less optimism in the …
Read More »Commodities rebound from last week’s beating. Why the rally could last.
Text size copper gained 0.7% on Monday. Scott Olson / Getty Images Commodities rebounded on Monday after a beating last week triggered by an increasingly cautious Federal Reserve in the face of inflation. History and fundamentals show that the one-day rally could be turned into an honest winning streak, strategists …
Read More »Gold and silver prices plunge as the US dollar strengthens; gold rates could move sideways down
Bullion prices sold off during the week due to the strengthening dollar and the hawkish stance of the US Fed. (Photo: REUTERS) Through Tapan Patel Commodity prices traded lower as most commodities in the non-agricultural segment were sold, with the exception of crude oil. Bullion prices traded lower on the …
Read More »Due to rising raw material prices, Xcel Energy customers could see their bills increase – Greeley Tribune
Xcel Energy Colorado has asked the Colorado Public Utilities Commission to pass on certain significant increases in natural gas costs, as well as higher electricity costs, to its customers in the third quarter. Each quarter, in a summary request, Xcel Energy asks the PUC to pass on its cost of …
Read More »Normal monsoon to support economic recovery; will the rally in agricultural commodity prices continue in the coming days?
The southwest monsoon is crucial for India. It provides 70% of India’s rainfall and most agricultural activities depend on it. Image: Reuters Through NS Ramaswamy As the second wave of Covid spreads across the country, the good news is that IMD and private meteorologist Skymet have predicted India will experience …
Read More »A kind of déjà vu on the raw materials market
Global commodity markets this year are being rocked by a host of factors. After the Covid-19 pandemic envelops markets in 2020, destroys demand for raw materials and pushes prices down, markets are quickly regaining their mojo. Since the start of 2021, the prices of many commodities – energy products, various …
Read More »Government increases fertilizer subsidies, approves high seas mission
NEW DELHI : The Union Cabinet on Wednesday increased nutrient-based (NBS) subsidy rates for phosphate and potassium (P&K) fertilizers, including diammonium phosphate (DAP), in a bid to support farmers in struggling with rising commodity prices during the current crop year. Farmers will now receive a subsidy of â¹1,200 per DAP …
Read More »Timber prices fall rapidly, turning hoarders into sellers
The price of wood falls back to Earth. Futures for delivery in July ended Tuesday at $ 1,009.90 per thousand board feet, down 41% from the record high of $ 1,711.20 reached in early May. Futures have fallen 14 of the past 16 trading days. Spot lumber prices are also …
Read More »The medium-term implications of commodity prices for inflation are worrying: Rahul Bajoria, Barclays
I would be more worried about the medium term implications of this particular increase in commodity prices and what it means for consumer price inflation, as there is a risk that inflationary pressures will spread a bit more, a declared Rahul bajoria, Chief Economist for India, Barclays to ET Now’s …
Read More »Commodity Tracker: 4 charts to watch this week
Commodities markets continue to closely monitor U.S. inflation data, as Asian oil refiners await developments in U.S.-Iranian talks that would allow a resumption of crude flows from the latter country. In addition, British nuclear power and winter capacity, and soybean oil prices in South America. 1. Energy markets reflect on …
Read More »Oil prices continue to rise
Philequity Corner – Wilson Sy (The Philippine Star) – June 14, 2021 – 12:00 am In previous articles, we have written that a significant risk to the Philippine economy and stock market is rising oil prices and inflation. Crude oil prices are back above pre-pandemic levels, and many commodities have …
Read More »With the changes in commodity trade, farmers have taken the hit
Courtesy photo The first day of May was a watershed moment for agricultural markets, farmers and ranchers. That day marked the end of live trading at the Chicago Mercantile Exchange and its affiliates, the Chicago Board of Trade, the Kansas City Board of Trade, and the New York Mercantile Exchange. …
Read More »Gold prices are falling. Experts say this is a good opportunity for investors in the yellow metal
The price of gold yesterday at Multi Commodity Exchange (MCX) plunged â¹318 and closed at â¹48,880 in levels of 10 g. However, based on the opinions of commodity experts, the correction in the precious metal is good news for bullion investors. They said the price of gold is consolidating and …
Read More »Massive steel rally hits all parts of the global economy
As prices have surged across all commodities, the 220% jump in US steel over the past year overshadows other high-profile commodities such as copper and crude oil. A Standard and Poor’s index of steel companies, which includes Nucor, Cleveland-Cliffs and US Steel, is up 69% in 2021, by far the …
Read More »Chipotle raises prices to cover higher wages. Expect others to follow.
Text size Chipotle said it has raised prices by around 4% on its entire menu. Scott Olson / Getty Images Mexican Grill Chipotle increases prices to compensate for rising workers’ wages. This is not the only one, as many restaurants and retailers struggle to fill positions and inflationary pressures are …
Read More »Chinese stocks rise as coal companies take advantage of factory exit inflation data
* SSEC +0.4, CSI300 + 0.2%, HSI -0.07% * China May PPI + 9% y / y, fastest pace for over 12 years * US Senate Passes Radical Bill to Address China’s Tech Threat BEIJING, June 9 (Reuters) – Chinese stocks rose on Wednesday, led by coal and resource companies, …
Read More »ANALYSIS-Climate change: the new inflationary puzzle of central banks
By Mark John, Simon Jessop * BoE’s bailey signals risk of messy transition * Sudden political shifts could fuel energy and commodity prices * The transition could also bring productivity, job gains LONDON, June 8 (Reuters) – For Andrew Bailey, director of the Bank of England, tackling climate change carries …
Read More »Sticker shock-causing products: prices skyrocket for red meat, lobster and more
These days, the prices of several commodities are likely to inspire a double take. Here’s a look at the commodities with the most noticeable price spikes in recent times. LOBSTER Ahead of Memorial Day weekend, it was reported that lobster prices were skyrocketing. Steven Kingston, owner of The Clam Shack, …
Read More »Economic week ahead: imports, jobless claims, inflation
By WSJ staff Inflation figures for China and the United States highlight this week’s economic data series. Monday Chinese imports are expected to increase in May due to higher commodity prices and weak base a year earlier, according to 16 economists surveyed by the Wall Street Journal. The country’s imports …
Read More »Will the hot US inflation data disrupt the markets?
Will the hot US inflation data disrupt the markets? US government bonds rallied on Friday after a weaker-than-expected reading of US employment growth for May. But a key report on consumer price inflation will be a new test for investors. Consumer prices rose at their fastest pace in more than …
Read More »Ed Lotterman: What causes volatility in commodity prices? | Ed Lotteman
Not at all. Yes, the prices of all kinds of inputs are up sharply compared to 12 months ago. But it was a low point for our nation and the world, sliding into a recession caused by COVID. If you look at long term price patterns, you get a better …
Read More »2 agricultural stocks to bet on the rise in commodity prices
One of the big stories in the market this year has been the rise of raw materials. the Invesco DB Commodity Index ETF (NYSEARCA:DBC), which tracks a basket of large-scale commodity futures, is up 28.4% year-to-date, compared to S&P 500 12% gain over the same period. Commodity prices have increased …
Read More »BC Resource Companies Benefit From Rising ‘Supercycle’ Prices
Soaring commodity prices are reflected in healthy profits for large British Columbia forestry and mining companies, but consumers pay the freight The prices of off-standard lumber and other commodities produced in British Columbia are skyrocketing, pushing up stock prices and profits for the three big British Columbia forest companies and …
Read More »Lumber prices avoid a 7th consecutive drop with an increase at the end of the day as the meteoric rally of 250% of the raw material
Josef Mohyla / Getty Images Lumber prices avoided a seventh straight day of losses Wednesday after climbing into positive territory just before 3:30 p.m. ET. Before the surge, the commodity fell 2.41% to trade at $ 1,237 per thousand board feet. Despite recent weakness, prices are still up around 250% …
Read More »Demand for agricultural land pushes prices to near 2014 levels
Interest in buying farmland has grown since a downturn induced by a coronavirus pandemic blanketed the land market last spring. Farmers feel more financially secure as high commodity prices have arrived on top of large government payments in 2020. This is causing farmers to bid more aggressively for additional land …
Read More »Missed out on investing in energy stocks? These 3 stocks still offer dividend yields above 6%
Energy stocks have increased significantly this year. the S&P Energy Select Sector Index is up 36% so far in 2021. That doesn’t mean, however, that bargains in the industry have completely disappeared. Three pipeline stocks – Enbridge (NYSE: ENB), Enterprise Product Partners (NYSE: EPD), and ONEOK (NYSE: OKE) – seem …
Read More »Are the markets ready for a cyclical inflationary shock?
Richard Coghlan and Chris Faulkner-MacDonagh are portfolio managers in T. Rowe Price’s global multi-asset division in Tokyo and Baltimore. Inflation fears have sparked a great debate in the markets, especially with the recent announcement that the Basic Personal Consumption Expenditure Index prices – the Federal Reserve’s preferred measure of inflation …
Read More »Chinese factory activity slows slightly in May due to soaring raw material costs – official PMI
A worker wearing a face mask works on a production line for manufacturing steel rims for bicycles in a factory, as the country is hit by the outbreak of the novel coronavirus, in Hangzhou, Zhejiang province, China on 2 March 2020. China Daily via REUTERS Activity at Chinese factories slowed …
Read More »White goods makers consider price hikes amid skyrocketing input costs
Several large companies have already taken price hikes on air conditioners, washing machines, televisions and other household appliances in January. However, the companies said rising input costs deserved a new round of hikes in the current quarter for a line of products. The price increases will be passed on in …
Read More »Commodity prices risk a major reversal that could undermine investors’ positioning in the face of rising inflation, according to Societe Generale
According to Albert Edwards of Societe Generale, commodity prices are at high risk of a major reversal. Edwards noted that a Chinese data point that typically drives commodity prices has just suffered a sharp drop. When prices fall, Edwards expects a “major reversal in inflation sentiment.” According to Albert Edwards …
Read More »China’s securities regulator pays close attention to fluctuations in commodity prices
(Add details) BEIJING, May 28 (Reuters) – The China Securities Regulatory Commission (CSRC) is paying close attention to fluctuations in commodity prices and has cracked down on irregularities in the futures market, it said on Friday, while prices were passed on to consumers. âThe CSRC will help manage commodity prices …
Read More »CANADA’S FOREIGN EXCHANGE DEBT – Canadian dollar gains as investors cheer for higher commodity prices
Bloomberg Exxon CEO suffers scathing setback at hands of new activist (Bloomberg) – Exxon Mobil Corp. CEO Darren Woods suffered a staggering shareholder defeat when a tiny activist investment firm won at least two board seats and pledged to push the crude oil driller to diversify beyond oil and tackle …
Read More »China’s industrial profit growth slows in April amid high commodity prices
BEIJING (Reuters) – Gains by Chinese industrial companies rose at a slower pace in April, with high commodity prices and weaker performance in the consumer goods sector limiting the overall profitability of the manufacturing sector. FILE PHOTO: Workers wearing face masks following the coronavirus (COVID-19) outbreak load steel products for …
Read More »What’s next for commodity prices as inflation heats up?
Gold broke above the $ 1,900 mark on Wednesday to hit a 5-month high – trading very close to where prices started the year. Gold is once again starting to attract a lot of attention on a scale not seen since the 2008 global financial crisis – against a backdrop …
Read More »High commodity prices: metallurgical companies will benefit; automotive, consumer durables to suffer
Global commodity prices have recently seen a massive surge, fueling fears of rising inflation. The price hike comes amid an increase in COVID cases and reduced economic activity. Domestic flat steel prices continued to increase for the eleventh consecutive month in May 2021. Domestic hot-rolled coil (HRC) prices increased 9% …
Read More »Commodity prices have skyrocketed, but miners are not investing
Despite a commodity boom boosting profits, miners are not throwing money into new projects, raising concerns about future shortages of some metals. So-called technological metals, such as cobalt, copper and lithium, are expected to experience particularly large deficits, analysts say, amid growing demand from manufacturers of batteries, electric cars and …
Read More »High commodity prices may not have much effect on Nifty FY22 earnings: report
A surge in most commodities over the past few weeks has put the spotlight on inflation, which many fear will negatively impact India Inc.’s earnings. Although the scenario may be true for non-baskets. Nifty, the earnings of the Nifty50 index could largely remain unscathed, a report by domestic brokerage firm …
Read More »Expected increase in diaper prices will be painful for parents
Diaper prices have increased over the past year and some of the major diaper manufacturers have said that trend will continue this year, according to multiple reports. (KSAT) Business Insider released a report last week that Proctor and Gamble, which makes brands like Pampers and Luvs, announced price hikes for …
Read More »Rising Land Prices In Kentucky Make Renting Attractive For Growers | New
Lexington – Land prices have been rising steadily across Bluegrass state for much of the past decade. As a result, leasing farmland has become a more attractive option than buying it from many Kentucky producers. Each year, the US Department of Agriculture publishes a Land Values ââSummary which includes Cropland …
Read More »Business News | Stock market and stock market news
Find quotes, news, net asset values ââfrom mutual funds SBI INE062A01020, SBIN, 500112 Tata Engines INE155A01022, TATAMOTORS, 500570 ITC INE154A01025, ITC, 500875 Addiction INE002A01018, RELIANCE, 500325 ICICI Bank INE090A01021, ICICIBANK, 532174 Find quotes, news, net asset values ââfrom mutual funds SBI INE062A01020, SBIN, 500112 Tata Engines INE155A01022, TATAMOTORS, 500570 ITC …
Read More »BOTTOMLINE: China’s credit crunch could push commodity prices down, even stocks
Commodities, hard and soft, have seen a strong increase over the past year, with the S&P World Commodity Index rising 64%. It’s enormous. Metals like copper and steel have soared red, with Chinese demand surging following its post-pandemic reconstruction exercise. But China has recently started to act to stem the …
Read More »What is happening with the prices of industrial raw materials in China?
Prices in China of commodities such as iron ore, steel rebar, coal and copper hit record highs this month, prompting the government to step in to curb increases âunreasonableâ costs to consumers. WHAT HAVE THE PRICES OF COMMODITIES DONE? As the factory floor and the world’s largest construction market, China …
Read More »Raw Material Price Hikes Impact Cost of Construction for Montrose Commercial and Residential Projects | Local news stories
The construction schedule for the 55,000 square foot FLEX buildings in the Colorado Outdoors area in Montrose is “on track,” said David Dragoo, founder of Mayfly Outdoors, in an update, with structural steel on the building G (north building) to be completed in one week, and the metal framework of …
Read More »Take five: will it pass or will it last?
A Wall Street sign in front of the New York Stock Exchange in New York, New York, United States, October 2, 2020. REUTERS / Carlo Allegri 1 / TRANSITIONAL OR NOT The dollar is on the ropes, having erased its 2020 gains against a basket of currencies. The reversal stems …
Read More »Commodity prices fall as the great boom of 2021 faces its first big test
One of the biggest commodity booms in decades is the search for a new reason to increase potency. Markets from copper to oil to corn have recently surged as monetary stimulus and the resumption of the pandemic squeezed supplies, fueling a debate over whether commodities are in a new supercycle. …
Read More »Silver prices today: Commodity strategies: gold, silver, crude, base metals
By Tapan Patel Commodity prices traded higher on Tuesday, continuing the trend of the previous session. On Monday, bullion prices remained at a narrow trading range as base metals continued to soar on optimism in demand growth. Gross ended in green after an early decline. The dollar index and US …
Read More »ETF Edge: Tom Lydon talks about soaring commodity prices
With the country’s continued reopening, commodity prices have jumped everywhere. On this week’s âETF Edgeâ, Tom Lydon, CEO of ETF Trends, Mark Yusko of Morgan Creek Capital Management, and Steve Grasso of Stuart Frankel assess inflation risks with Leslie Picker of CNBC. Everything from petroleum and lumber to soybeans and …
Read More »One 12 months after crude turned adverse, oil firms relish first quarter earnings outlook
CALGARY – A 12 months after oil costs slumped to their first and solely adverse shut throughout an ideal storm of bad-news power demand, Canada’s oil fields are set to report a first-ever money circulation quarter because of a spectacular restoration in world demand CALGARY – A 12 months after …
Read More »This is what to search for this incomes season
Textual content measurement The New York inventory change NYSE The primary quarter earnings season kicks off this week as a number of main US banks launch outcomes for the primary three months of 2021. Expectations are excessive, with gross sales and earnings expectations rising all through the quarter and shares …
Read More »FMCG phase income development will proceed in Q4FY21; margins can have an effect on excessive commodity costs
The FMCG sector skilled robust development momentum within the second half of calendar yr 2020, pushed by robust consumption, a transition to the organized sector, new product launches and elevated channel gross sales of digital commerce. Development momentum can also be anticipated to proceed within the quarter ended March 2021, …
Read More »Metals inventories rally amid rising commodity costs
Metals Inventories Immediately: Nifty Steel rose 3.56% to 4,345.45 factors. Inventory costs of metals reminiscent of SAIL, Jindal Metal, Hindalco, JSW Metal, Tata Metal rebounded on Tuesday April 13, after a bounce in commodity costs. Metal Authority of India or SAIL gained greater than six p.c, whereas Jindal Metal gained …
Read More »Iron ore wins amid surge in Chinese language imports as consideration turns to prices
Imports topped 100 million tonnes for the primary time since October, as first-quarter volumes jumped 8% from a yr earlier, in line with customs information launched on Tuesday. Photographer: Qilai Shen / Bloomberg Photographer: Qilai Shen / Bloomberg China’s iron ore futures continued to rise as imports hit a five-month …
Read More »Silver costs in the present day: Commodity methods: gold, silver, crude, base metals
By Tapan Patel Commodity costs traded on a combined word on Tuesday, persevering with the development of the earlier session. On Monday, bullion costs traded weak whereas crude oil costs traded larger amid tensions within the Center East. Base metals fell on tightening Chinese language coverage amid inflation fears. The …
Read More »China’s robust exports and rising imports are boosting financial restoration; tough outlook
By Gabriel Crossley, Stella Qiu BEIJING (Reuters) – Chinese language exports rose sharply in March, as import development hit its highest degree in 4 years, giving new impetus to the nation’s financial restoration, signaling improved demand international initiative as a part of the worldwide COVID-19 immunization progress. Knowledge means that …
Read More »DOE / EIA diesel value drops for third week in a row
The common weekly retail diesel value printed by the Division of Vitality’s Vitality Info Administration fell for the third week in a row. After a collection of 20-week will increase, a collection document that dates again to 1994, the weaker market adopted with three weekly declines. Within the newest EIA …
Read More »Buyers ditch commodities as supercycle name meets skepticism
The soybeans are loaded right into a bulk service on the port of Santos in Brazil. Photographer: Patricia Monteiro / Bloomberg Photographer: Patricia Monteiro / Bloomberg Web bullish bets on rising commodity costs fell to their lowest since December final week, elevating questions concerning the commodities supercycle. Fund managers are …
Read More »Bangladesh commodity costs skyrocket forward of Ramadan
The costs of quite a few important commodities noticed an extra enhance on Monday, forward of additional authorities restrictions on enterprise actions and public actions to verify for COVID-19 infections and Ramadan, the month of fasting for Muslims. which ought to begin tomorrow. The town’s kitchen markets have been overwhelmed …
Read More »Bursa Malaysia set to hit 1600 stage subsequent week as a result of rising commodity costs
KUALA LUMPUR, April 4 (Bernama): The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) is prone to break by means of the 1600 stage this week according to broader optimism from america financial system (US ) and the anticipated rebound in commodity costs, says an analyst. Axi’s chief world markets strategist …
Read More »Rising commodity costs, valuations pose a danger of restoration in Indian equities: UBS
Rising commodity costs and stretched valuations pose a danger to the rally in Indian shares, inflicting shares to underperform native bonds over the subsequent 12 months, based on UBS International Analysis. “Valuations of shares versus bonds are at not often seen ranges,” stated Sunil Tirumalai, head of India technique in …
Read More »Silver costs in the present day: Commodity methods: gold, silver, crude and base metals
By Tapan Patel Commodity costs traded combined on Wednesday, persevering with the development of the earlier session as bullion costs rebounded as crude oil costs continued to say no regardless of the rebound in inventory and sophisticated indices. base metals which have been weak on Chinese language demand issues on …
Read More »Argus opens workplace in Mumbai
SINGAPORE and Mumbai, India, March 10, 2021 / PRNewswire / – Argus, a worldwide company for pricing and data on power and commodities, has opened an workplace in Bombay as a part of an ongoing enlargement of its international operations. India’s power and commodity sectors are among the many world’s …
Read More »Gold worth at the moment close to 11-month low, down ₹ 12,000 from file highs
Gold costs in India edged up at the moment after falling within the earlier session. On MCX, gold futures rose 0.3% to ₹44360 per 10 grams, after dropping to ₹44 150 through the earlier session. Silver futures rose 0.5% to ₹66.202 per 10 grams. Gold charges fell virtually 11 months …
Read More »CFOs Think about Worth Hikes To Offset Rising Uncooked Materials Prices
Customers may count on to see costs for items, from mattresses to storage containers, to rise as CFOs attempt to offset larger uncooked materials prices. Corporations in varied industries are grappling with larger costs for commodities similar to wooden and metal, that are rising in response to elevated demand from …
Read More »The weekly DOE / EIA diesel value will increase have reached 18 instances in a row; newest improve 7.1 cents
The Division of Power / Power Data Administration’s common retail diesel value rose Monday for the 18th consecutive week – one other file excessive – whereas base diesel markets rose and fell on Monday in because of the newest wild fluctuations within the oil market. Based on the newest DOE …
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