Page 17 - Commodities

US-China trade war: India's gem and jewellery export gets a boost

If the tariff is actually implemented, China's gold jewellery export to US will not be viable and Indian exporters will get an opportunity to fill that gap

Commodities are on their longest winning streak as crude oil rallies

Bloomberg Commodity Index set for 15th consecutive session climb; gauge moves higher as base metals advance

Soon, trade in commodities at a nearby bank

RBI has opened the way for large banks to enter commodity broking services, through subsidiaries

Falling commodity prices take sheen off margins

Producers, consumer industry play hardball to protect interest

Tug-of-war between metal producers and consumers

Companies scramble to protect margins as commodity prices fall

Commodity price slump triggers investor caution

The slump in commodity prices triggered risk-off sentiment among global investors hitting equity markets and pushing up demand for safe haven assets like gold. Most Asian and European markets dropped on Friday, while the dollar gained against most emerging market currencies. The benchmark Sensex lost 267 points, or 0.9 per cent to end at 29,858.8, while the Nifty 50 index fell 74.6 points, or 0.8 per cent to close at 9,285.3. The rupee fell 0.3 per cent to close at 64.37 against the dollar. Foreign investors sold shares worth Rs 364 crore. Commodity and oil stocks witnessed selling.While oil and other commodity prices were seen stabilising on Friday, the weekly losses were enough to spook investors, raising concerns over the health of the global economy. A five per cent drop during the week, saw Brent oil prices fall to their lowest level since November 2015, erasing all gains since the Organization of Petroleum Exporting Countries (Opec) signed a six-month deal to curb production ...

Exchanges want commodities transaction tax scrapped

Exchanges have lost 60% of their volume to unofficial trading following the tax imposition

Commodity rally adds to manufacturers' worry

While the sharp rise in raw material prices since June has increased their input costs, they might not be able to pass on the burden to consumers

Government can now fix retail prices of essential commodities

This rule will apply to essential commodities that are sold both in loose and packaged form in retail markets

Sebi mulls MFs' entry in commodity derivatives

Regulator also in dialog with other sectoral regulators to permit banks and other institutions, said chairman U K Sinha

Commodities on upswing in FY17 as funds return

In International market Crude oil has recovered sharply and Zinc is outperforming all metals, while agri prices ramained tight

World Bank sees upward commodity trend

Raises projections from April forecast for crude oil but has negative outlook for metals and minerals

Cotton, rice and wheat output to go up in India

Sugar and coffee output to come down

Global research houses revise commodity price outlook upward

They see demand outweighing supplies that were curtailed over the past few quarters across commodities

Coastal shipping of commodities to save Rs 40k crore per year

To encourage shippers to shift cargo to waterways, govt is planning to provide an incentive of Re 1 per km for a tonne of cargo

Commodities may slump as investors rush for the exits

Oil may drop to $30 a barrel in sell-off

Five tests for the commodities bounce

It's the best of times in commodities markets, it's the worst of times in commodities markets. Iron ore jumped by the most on record on Monday, while Brent crude broke through $40 a barrel for the first time in three months. Then, Chinese export data Tuesday showed dollar-denominated shipments falling 25 per cent, the worst decline since May 2009.What is going on?There are reasons to take both sets of data with a pinch of salt. Market prices are prone to speculation, momentum trading and short squeezes, all of which could explain some of the movement in iron ore and oil. Economic indicators can also be tricky. How much of China's export collapse in February had to do with the timing of Lunar New Year? If exports to Hong Kong were inflated in December by fake invoicing, is it bullish for the yuan that they declined to a six-year low in February?Here are five indicators worth watching for a clearer picture:BALTIC DRY INDEXTo understand the state of real commodities demand, Baltic Dry is

Options, index futures in commodities soon

Finance Minister Arun Jaitley has paved the way for the Securities and Exchange Board of India (Sebi) to introduce new products in the commodities derivative segment. This means, option trading and index futures trading can now be taken up by Sebi. Last year's amendment in the Securities Contracts (Regulation) Act had cleared the legal hurdle on introduction of these products. According to sources, Sebi would begin the consultation process for these products before allowing exchanges to introduce them. Sebi will make it a pre-requisite for commodity exchanges to upgrade their risk management standards, in line with those of stock exchanges.A consultation paper would soon be issued to seek stakeholders' views on new products. The FM has, however, not said anything on allowing new set of participants such as banks, mutual funds, etc, in commodity derivatives. Sources said for index futures, Sebi will have to prescribe standard index making norms. It will also have to decide in which segm