Commodity News

China in focus - Higher exports, brighter prospects for copper and spike in iron ore prices

China in focus - Higher exports, brighter prospects for copper and spike in iron ore prices

06th Apr-12th Apr

China’s exports for the month of March came in much higher than expected, while its imports came in much lower than expected..

RBI cuts repo rate by 25 bps, President Trump aims at a trade deal in 4 weeks & global gold demand seen higher in 2019

RBI cuts repo rate by 25 bps, President Trump aims at a trade deal in 4 weeks & global gold demand seen higher in 2019

30th Mar – 05th Apr

RBI cut its benchmark repo rate by 25 bps to 6% but maintained its policy stance at..

Indian gold imports dip 5.5%, global central banks turn dovish & OPEC nations urged to increase oil production

Indian gold imports dip 5.5%, global central banks turn dovish & OPEC nations urged to increase oil production

23rd Mar – 29th Mar

China is scaling back subsidies on electric vehicles as the industry matures and costs fall..

Fed holds interest rates, EU to delay Brexit & Russia plans to ban scrap palladium

Fed holds interest rates, EU to delay Brexit & Russia plans to ban scrap palladium

16th Mar – 22nd Mar

US initial claims for unemployment benefits dropped 9,000 to 221,000 for the week ended March 16..

Brexit woes continue, oil production severely impacted

Brexit woes continue, oil production severely impacted in Venezuela & rupee strengthens further

09th Mar – 15th Mar

Gold corrects from recent highs as UK voted to delay Britain's departure from the EU, currently scheduled for March 29..

Chinese aluminium exports & copper imports decline

Chinese aluminium exports & copper imports decline, US crude stockpiles swell & Indian jewellers likely to restock gold

02nd Mar – 08th Mar

China’s aluminium exports stood at 343,000 tonnes in February..

US oil sector in focus

US oil sector in focus, NSE launches Brent Oil Contract & domestic castor crop output may fall 20%

23rd Feb – 01st Mar

OPEC members Saudi Arabia and Venezuela cut their shipments to the U.S..

US oil production hits record highs

US oil production hits record highs, Fed likely to turn hawkish & India..

16th Feb – 22th Feb

Palladium is outperforming other precious metals as the market is undersupplied along with increased demand from..