Commodity News

08-June-14-June-Big.jpg

Agri commodities prices drop on good monsoon news, slide in copper prices & OPEC cuts oil demand forecast

08th June – 14th June

Copper prices dropped as demand may slow down on the back of poor economic data in the backdrop of the US-China trade war. China’s industrial output fell..

RBI cuts interest rates for the 3rd time in 2019, US Crude inventories rise against expectations & investors flock to gold

RBI cuts interest rates for the 3rd time in 2019, US Crude inventories rise against expectations & investors flock to gold

01st June – 07th June

The Reserve Bank, in a widely expected move, cut key interest rates by 0.25 percentage points...

RBI announces issue of SGB’s, US removes India from Currency Watch List & US rules out sanction waivers on Iranian oil imports

RBI announces issue of SGB’s, US removes India from Currency Watch List & US rules out sanction waivers on Iranian oil imports

25th May – 31st May

The Reserve Bank of India announced on Thursday the issue of Sovereign Gold..

Oil drops nearly 6% on US-China trade war, copper drops to multi month lows & rupee gains after election results

Oil drops nearly 6% on US-China trade war, copper drops to multi month lows & rupee gains after election results

18th May - 24th May

The Indian rupee continued its recovery for the second day post election results..

Indian sugar export may fall, heightened geopolitical tension leads to increase in crude oil prices, Crude oil demand to drop

Indian sugar export may fall, heightened geopolitical tension leads to increase in crude oil prices, Crude oil demand to drop

11th May - 17th May

India to export less than the target of 5 million tonnes of sugar this year India's..

Domestic agri imports rise, US-China trade tensions rattle global equities & heavy FII outflows in May’19

Domestic agri imports rise, US-China trade tensions rattle global equities & heavy FII outflows in May’19

04th May - 10th May

The First Series of Sovereign Gold Bonds (SGB) were issued in the year 2015 at a price of Rs. 2,684 per gm and ..

Global gold demand up 7%, Iraq is India’s top oil supplier in FY19 & copper supply disruptions expected in 2019

Global gold demand up 7%, Iraq is India’s top oil supplier in FY19 & copper supply disruptions expected in 2019

27th Apr - 03rd May

Supply disruptions in Chile and Peru in the second half of this year will become more apparent according to a report..

Federal Reserve might maintain status quo on interest rates

Federal Reserve might maintain status quo on interest rates, India & China to form a bloc for oil supplies and US crude output at record highs..

22nd Apr – 26th Apr

China and India are drafting arrangement