Commodity News

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Abans Group Commodity World Round-Up

3rd Aug – 7th Aug

U.S. President Donald Trump has unveiled sweeping bans on U.S. transactions with the Chinese owners of messaging app, WeChat, and video-sharing app..

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Abans Group Commodity World Round-Up

27th Jul – 31st Jul

United States’ Q2 GDP declined by 32.9%, against an expected 34.7% contraction; this downturn in economic activity has been the fastest in the last two..

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Abans Group Commodity World Round-Up

20th Jul – 24th Jul

The number of Americans filing for unemployment benefits rose to 1.461M, against a forecast of 1.30M. It was up by 107K last week for the first time..

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Abans Group Weekly Commodity Round-Up

13th Jul – 17th Jul

The ECB opts to wait and see, and leaves rates, and the stimulus program unchanged..

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Global 2020-21 cotton ending stocks highest in 6 yrs, Basmati rice prices up by 10% in a month, & US Fed to keep interest rates lower until 2022

29th Jun – 03rd Jul

Cotton projections for 2020-21 (August-July) indicate..

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Indian sugar production set to rise to 32 million ton, IMF predicts global output to shrink by 4.9% & Gold prices soar to 8-year highs

22nd Jun – 26th Jun

Labour unions at copper miner, Codelco, in Chile, threatened to take..

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IEA expects largest ever drop of global oil demand, US retail sales bounce back by a record 17% in May, and jobless claims in US remain at historical highs

15th Jun – 19th Jun

According to the US Labour..

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MCX Gold prices rally on risk-off sentiments, copper prices at highest levels since January, US crude oil inventories at record levels, and the US economy may shrink by 6.5% this year

08th Jun – 12th Jun