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Commodity news can come from a variety of sources, including newspapers, magazines, websites, television and radio. In addition to news, there are also articles and videos about commodities that can provide insight into the markets and help traders make educated decisions. Commodity news can be found in print and online, and includes information about the prices, supply and demand of various commodities, as well as commentary from industry experts. Articles and videos can provide an in-depth look at the markets, including analysis of market trends and forecasts.
As transport data had previously indicated, China imported significantly more coal in August than in previous months: according to data from the Chinese customs authority, 42.7 million tons of coal were imported, the highest level since December last year, Commerzbank's commodity analyst Barbara Lam
In commodities, gold refreshed records – this time on safe-haven demand following escalating Middle East tensions – while crude oil remains bid on both the geopolitical backdrop and waning hopes in Ukraine. Nat gas futures also rebounded from a key Fibonacci support and could extend gains on fresh geopolitical concerns. The UK’s energy- and miner-heavy FTSE 100 continues to be supported by strong commodity demand. Yesterday’s mega-deal, in which Anglo American agreed to buy Canada’s Teck Resources for its copper mines, added to the momentum. It’s all about real and tangible assets, now that confidence in the most popular sovereign debt papers is crumbling.
Wholesale price growth of construction materials in Metro Manila declined to a nearly 16-year low in August, due to faster declines and slower increases recorded across most commodity groups, the Philippine Statistics Authority (PSA) said in a report. Meanwhile, retail price growth rose, driven by the increase in the index of carpentry, the statistics agency […]