Commodity Strategy Blog Posts

On Friday the Fed’s Janet Yellen will deliver a speech at the annual Jackson Hole Symposium.

GOLD: On Friday the Fed’s Janet Yellen will deliver a speech at the annual Jackson Hole Symposium. For investors, Jackson Hole is an ideal venue for the Fed boss to finally shed light on the central bank’s outlook. The Federal Reserve’s next po...

LME copper inventories soared by 18,750 tonnes or 8.9 per cent to 229,375 tonnes on Aug. 22, the biggest increase since Jul. 6.

COPPER: LME copper inventories soared by 18,750 tonnes or 8.9 per cent to 229,375 tonnes on Aug. 22, the biggest increase since Jul. 6. The surge triggered market worries over copper consumption. ALUMINIUM: China Aluminum International Trading Co. (C...

Headlines, Rumors & Statements Continue To Push Oil Prices

The headlines continue to focus on the late September meeting of OPEC and non OPEC producers. Oil prices extended their rally following Russia’s oil minister’s comments that they are also meeting with the Organization of the Petroleum Exporting C...

OIL MARKET ON CONFUSED ……WHY?

ALUMINIUM: China Aluminum International Trading Co. (Chalco Trading) cut aluminum prices it offered in major markets today, it said on its WeChat. COPPER: The Goldman report tracked top 20 copper producing companies which collectively account for aro...

WHERE WILL BE COPPER PRICE BY NEAR TERM……………..???

COPPER: The copper prices declined further, despite sharp rise in Chinese demand. Meantime, analysts from agencies including Barclays and Goldman Sachs see fair chances of the commodity prices entering a long-term bear market. Incidentally, copper pr...

What Happening With OPEC Countries ??

OIL Oil eased lower as another round of proposed production freeze talks by OPEC failed to excite investors. EIA is now expecting U.S. output to reach 8.31 million barrels per day in 2017, up from its forecast of 8.2 million barrels per day in July,&...

76% Chinese copper wire rod producers expect orders to stabilize in August

COPPER: 76% Chinese copper wire rod producers expect orders to stabilize in August due to term contracts and planned output, SMM surveys.LME copper will suffer pressure from firmer dollar and range USD 4,775-4,815/mt during Asian trading hours Monday...

Gold Up Ahead Of Helicopter Money Announcement

Bank of Japan rate and stimulus decision due in just a few hours. Ahead of Fridays BoJ decision gold is up just about $5 at 1346.05 bit unable to touch its high on Thursday.Bank of Japan meeting that began Thursday and ends Friday. It is expected the...

Zinc investors have been drawn in by the narrative of mine closures

Zinc Zinc investors have been drawn in by the narrative of mine closures and a resulting tightening of the supply chain. As zinc prices weakened over the past three years,  more than 1.5 million metric tons of mine capacity was either idled or close...

Gold futures fall Rs 84 on weak global cues

Amid a weakening global trend, gold futures fell Rs 84 to Rs 31,140 per 10 gm today as participants trimmed their positions. In futures trade, gold for delivery in October contracts was trading Rs 84 or 0.27 percent lower at Rs 31,140 per 10 gms in a...

(GBP) Pound Sentiment Remains Bearish

The UK pound has continued to show weakness as trading began this morning, UK economy was at its lowest level for seven years, continues to stalk sterling into this week.Recession could be on the way in this quarter for the UK.Services activity and n...

China Aluminum International Trading Co. (Chalco Trading) raised aluminum prices in major markets today

ALUMINIUM: China Aluminum International Trading Co. (Chalco Trading) raised aluminum prices in major markets today after cutting prices for seven days in a row, it said on its WeChat. Global aluminium demand likely to increase 4-5 percent from 3-4 p...

The Reserve Bank of India (RBI) has approved Australian miner Metal X’s

The Reserve Bank of India (RBI) has approved Australian miner Metal X’s improved takeover offer for its subsidiary Aditya Birla Minerals Ltd (ABML), said Aluminium maker Hindalco. Metal X offered 1 fully paid ordinary share in Metals X Ltd for...

Recovery in Stock Markets is Bullish For Metal Prices

ALMINIUM: China Aluminum International Trading Co. (Chalco Trading) further cut aluminum prices in major markets today, marking its 7th consecutive day of cuts, it said on its WeChat. Jiaozuo Wanfang Aluminum Co., one of Chalco’s subsidiaries, ann...

Sebi mulls entry of banks, MFs in commodity markets

The Securities and Exchange Board of India (Sebi) might allow new participants such as banks, mutual funds and foreign portfolio investors in the commodity market. The regulator met commodity market participants on Friday, where the issue was discuss...

The Indian basket of crude oil exceeded $ 38…

Indian crude basket price of $ 38 a barrel on Thursday exceeded. Oil prices are likely to increase. Strengthening of the rupee against the dollar has lost a little pressure on the oil companies. According to data released by the oil ministry on Thurs...

2.5% up in gold, crude oil exceeded $ 40

  The US Federal Reserve’s decision to not raise interest rates after the strong rally in gold is seeing. Comaks gold rose 2.25 per cent is trading at $ 1258. While silver is also seeing a boom. With 2.3 per cent growth Comaks silver has r...

Profits in gold, silver, crude oil, beginning with fast..

Gold and silver prices today are seeing profit-taking. In international markets, the domestic market continues to pressure.MCX Gold April contract declined by Rs 107 to Rs 29 667/37 076 10 grams, silver declined by Rs 131 to Rs / kg remains. Gold on...

Crude oil is one of the better commodities to trade..

Crude oil is one of the better commodities to trade. It is a very active market and it is well known with investors around the world. There is usually no shortage of news to cause the price of oil to move from day to day. This presents many good trad...

Profitable Strategy For Striking It Rich In Market

The technical analyst will use a number of methods when reviewing commodity markets. These methods typically include such things as Price Action (pattern recognition, candle stick charts, Elliott Wave analysis, etc.), Seasonal Factors and Technical I...
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