Commodity News


Finance Minister announces big tax boost for the Indian economy, Fed cuts rates by 25 bps & Aramco to restore lost oil production

14th Sept – 20th Sept

The government has slashed the basic corporate tax rate to 22% from 30% while for new manufacturing companies it has been cut down to 15% from 25%. A domestic company..


Soybean production may drop sharply, US Fed may cut interest rates by 25 bps & OPEC cuts forecast for growth in world oil demand

07th Sept – 13th Sept

Soybean had been planted over 11.27 million hectares (ha) till recently..


Gold drops on optimism over US-China trade talks, copper bounces from two year lows & nickel prices rally over export ban in Indonesia

31st Aug – 06th Sept

U.S. companies added the most jobs in four months in August while jobless..


Trade war shows signs of cooling, Hurricane Dorian to affect oil production & Nickel at multi-month highs over supply issues in Papua New Guinea

24th Aug – 30th Aug

At the annual Jackson Hole Summit..


Rupee plunges to 72 levels, ECB eyes stimulus package & US factory sector contracts in August

17th Aug – 23rd Aug

European Central Bank policymakers have said that a combination of measures may be needed..


US to delay 10% tariffs on a range of Chinese goods, Chinese Industrial output grew 4.8 per cent in July & Indian rupee has become Asia's worst-performing currency

10th Aug – 16th Aug


U.S. crude oil production to reach record highs, OPEC and non-OPEC Ministerial Monitoring Committee to meet

03rd Aug – 09th Aug

The Indian rupee gained strength on hopes that the government may roll back..


Indian gold demand to drop this quarter, US Federal Reserve cuts interest rate by 25 bps & US to slap

27th July - 02nd Aug

In July, OPEC’s fourteen members pumped a combined 29.42 million bpd, a decline of 280,000...