Aluminium ingots inventories in South China’s Guangdong province stood at 243,400 tonnes, as of April 30, down 191,400 tonnes or 44 per cent from a month earlier. Record-high shipments from warehouses and strong consumption amid low arrivals of stock s were the two primary reasons behind the dip in inventories.
News ID: 9359 Publish Date : 2020/05/07
Spanish ethanol producers are preparing to cut runs as demand for gasoline drops sharply.
News ID: 9190 Publish Date : 2020/04/20
Cement companies in India, the world second biggest market, are wary about short-term prospects for demand and may not rush to restart plants if the federal government begins lifting its lockdown from 15 April.
News ID: 9068 Publish Date : 2020/04/08
The coronavirus pandemic has stoked concerns of a global economic recession as it spreads across the world, igniting one of the sharpest oil price plummets in the last 30 years and causing the biggest stock plunge on Wall Street since the stock market crash in 1987.
News ID: 8717 Publish Date : 2020/03/14
Gold prices are sharply lower and have fallen below psychological support at $1,600, falling victim to the old trading adage, “when you can’t sell what you want, you sell what you can.”
News ID: 8690 Publish Date : 2020/03/12
Gold prices have quickly dropped from double-digit gains seen just a short while ago to double-digit losses in active trading late Friday morning.
News ID: 8595 Publish Date : 2020/03/06
Finance securities topped the list of stock market players and industries in terms of value of trade during the last calendar month ending Dec. 21.
News ID: 8276 Publish Date : 2020/01/08
Saudi Arabia’s Tadawul All Share Index (TASI) as well as other key Middle East stock exchanges were down on Sunday after the US' assassination of Iran’s top general triggered a new round of tensions between Washington and Tehran.
News ID: 8231 Publish Date : 2020/01/05
Southern India (Bellary) based pellet makers have increased pellet offers by INR 300-400/MT starting this week. SteelMint’s assessment for pellets stands at INR 6,900-7,000/MT (Ex-Bellary) against last week's assessment at INR 6,600/MT. Pellet prices for Southern India have moved up by INR 700-800/MT M-o-M as against INR 6,200-6,300/MT (EXW) a month back. Bellary pellet prices are hovering at 6-months high as these levels were last seen in Jun'19.
News ID: 8215 Publish Date : 2019/12/30
Brazilian fertilizer prices may rise in early 2020 as high soybean and corn prices at CBOT drive more acreage, but it may not be enough to halt the freefall in MAP prices.
News ID: 8199 Publish Date : 2020/01/03
US asphalt markets are on course to strengthen in January, defying expectations of a substantial price slump amid the global transition to lower-sulphur marine fuels in 2020.
News ID: 8177 Publish Date : 2019/12/31
Sulphur production in North America will likely be lower in 2020 than 2019, but slower phosphate demand growth and plentiful global availability will weigh on prices.
News ID: 8173 Publish Date : 2019/12/31
Aluminium Stewardship Initiative (ASI) has certified Jiangsu Dingsheng New Materials Joint-Stock Co., Ltd. against ASI Performance Standard for responsible production, sourcing and stewardship of aluminium.
News ID: 8062 Publish Date : 2019/12/23
Poor spot demand in Europe, where several mills have been rolling over fourth quarter term shipments to the first quarter of next year, and high stock levels at US mines continue to put downward pressure on prices.
News ID: 8009 Publish Date : 2019/12/18
Global oil inventories could increase by 700,000 b/d in the first quarter next year, despite deeper output cuts agreed last week by the Opec+ alliance of producer countries, the IEA said today in its latest Oil Market Report (OMR).
News ID: 7926 Publish Date : 2019/12/12
Chinese antimony metal prices have slipped below profitable levels, indicating a gap between actual and expected demand that is leaving market participants struggling to gauge where prices might hit a floor.
News ID: 7911 Publish Date : 2019/12/11
China's iron ore imports fell by 2.4pc on the month to 90.65mn t in November, although volumes were around 8pc higher from a year earlier.
News ID: 7828 Publish Date : 2019/12/09
Diversified metals trading firm and producer China Minmetals has purchased tungsten bar stock s from the bankrupt Fanya metal exchange in a recent auction.
News ID: 7570 Publish Date : 2019/11/27
The London Metal Exchange (LME) will permit bonded warehouse companies to extend load-out queues of cancelled warrants and encourage off-warrant stock holders to report their stock holdings to the exchange in a series of new measures that will be introduced to increase visibility of global base metal inventories.
News ID: 7068 Publish Date : 2019/11/01
It is a truth universally acknowledged that liquidity is critical to market health; typically when liquidity falls, volatility rises. The Financial Times recently cited claims that the increased use of passive investment vehicles had caused trading volumes in individual S&P 500 constituents to decline. Should we be alarmed?
News ID: 7002 Publish Date : 2019/10/25