Commodities News And Market Data



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ETF demand pushes gold price higher
Gold resumed its upward momentum on Wednesday amid concerns over the eurozone debt crisis

Companies rush to hedge materials
The sharp drop in commodities prices has prompted companies to rush to hedge their exposure to raw materials at cheaper levels

Brent falls below $70 for first time since February
Faltering risk appetite across global markets keeps pressure on oil as iron ore drops to two-month low on lack of Chinese buying

China seals African platinum deal
China is set to commit $877m into South Africa's platinum industry, in a deal that marks one of its biggest ever African projects outside the energy industry

Debt crisis will cut global oil demand
Europe's sovereign debt crisis is likely to translate into a slowdown in global demand for oil this year says Francisco Blanch at BofA-Merrill Lynch

Iron ore prices drop below $150 a tonne
Physical market 'desperately short of buyers' as prices drop below $150 a tonne for the first time in two months

Commodity markets - a return to volatility
Nicolas Clavel at Scipion Capital answered readers' questions on the outlook for the commodities market on Monday, May 24

Energy position limits
US financial reform bill could have negative effect on prices

Australia's mining industry resists tax for pensions
Debate rages over the Australian government's proposal to fund changes to the pension industry via a super tax on the mining industry

Commodities stabilise after week of heavy losses
Late and small recovery in oil, metals and agricultural commodities does not prevent the index dropping 2.3 per cent on the week

Commodities
Industrial production is rising but commodity prices in a swoon, so perhaps this time the factories are the lagging indicator

Precious metals fall after stellar run
Prices for platinum and palladium fall sharply as sentiment turns and investors take profits

Agri swaps face prospect of central clearing
US Congress finalises legislation that would require most standard derivatives to be cleared

Markets fear supply disruptions as prices rise
Commodities markets are shaken by Thailand's unrest, on fears supplies of raw materials including rubber, rice and sugar, will be disrupted

Crude falls as inventories rise to record high
Oil prices slide to their lowest in seven months on the back of continuing risk aversion in global financial markets