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Topic: Commodities

Hedge funds' bullish bets on commodities at 6-week high

NEW YORK : The net long money held by hedge funds and other big speculators in commodities is back to a six-week high, moving on from April's market tumble, as traders piled into oil and oversold crops like coffee, cocoa and corn. But hedge funds are not bullish on all commodities, sharply paring ...

commodities slump weak china data
April 21, 2013

Commodities slump on weak China data

londonGold prices tumbled to a two-year low and crude oil slumped to a nine-month trough this week, as commodity markets were rocked by weaker-than-expected first-quarter economic growth in key consumer China.Investors were spooked after China released data Monday showing growth in the ...

Commodities rocked by growing US economic gloom

LONDON - Most commodity prices fell this week after a surprisingly bad labour report in the United States, which is a top consumer of many raw materials, while Brent oil also struck a five-month low on fears of a supply glut.The US labour market was far weaker than expected in March, with the ...

Commodities see mixed trading week despite upbeat data

LONDON - Commodity markets experienced mixed fortunes this week as traders digested upbeat data from China, Europe and the United States, while gold slid as investors shifted cash out of the safe-haven precious metal.Figures from British bank HSBC showed China’s manufacturing activity in ...

Commodities start 2013 with a bang after fiscal cliff deal

LONDON - Commodities mostly rallied this week on investor relief as US lawmakers clinched a last-gasp deal to avoid the fiscal cliff of tax hikes and spending cuts in the United States, stoking optimism over demand.“The commodities markets have started the new year with a bang,” said ...

Commodities haunted by US fiscal worries before Christmas

LONDON  - Commodity markets were hit this week in the run-up to Christmas, as hopes faded for a deal to avert the “fiscal cliff” of tax rises and spending cuts that could send the world’s biggest economy spinning into recession, analysts said.Unless the political deadlock in ...

Commodities diverge amid fresh Fed stimulus

LONDON  - Global commodity markets witnessed contrasting fortunes this week, as investors tracked more Federal Reserve stimulus measures, the weak dollar, eurozone debt tensions and broadly upbeat economic data.Most commodities were lifted after the US central bank said it would replace its ...

Commodities to become dearer as NHA raises toll fee

LAHORE - Massive price hike of different commodities is expected as National Highway Authority (NHA) has changed its policy and charging transporters double toll rate and forcing them to cut down load of goods.Source revealed that vulnerable masses will have to bear additional burden as whole ...

Commodities face mixed week amid economic gloom

LONDON - Commodity markets enjoyed mixed fortunes this week as traders balanced gloomy eurozone economic news, alongside contrasting jobs data and “fiscal cliff” fears in the United States.Many markets fell heavily along with the euro on Thursday after the European Central Bank forecast ...

Commodities mostly hit by growing global economic gloom

LONDON - Commodity markets mostly fell this week as investor sentiment was rocked by gloomy downgrades to global economic growth forecasts, but oil prices spiked on geopolitical worries surrounding Syria.The International Monetary Fund slashed its growth forecasts for countries across the world, ...

Commodities suffer choppy trade on stubborn demand worries

LONDON - Commodity markets traded mixed this week as investors balanced stubborn worries over the global demand outlook against easing eurozone debt crisis concerns and the faltering dollar.Investors shrugged off strong non-farm payrolls (NFP) data in the United States, which is a major consumer of ...

Commodities mixed as traders fret over Spain

LONDON - Commodity markets enjoyed mixed fortunes this week as traders eyed growing speculation over a full bailout of debt-plagued Spain, and amid rising doubts over the US Federal Reserve’s stimulus plan.“Commodity prices were broadly down over the week as European debt concerns ...

commodities rates lahore market
September 16, 2012

Commodities rates in Lahore market

LAHORE – Agriculture Marketing Information Service Punjab (AMISP) issued rates of agriculture products in local market on Saturday.The following are 100 kg rates of different agriculture products in Lahore market:Maize minimum Rs 2000 and maximum 2200, Rice Super Karnal Basmati (New) minimum ...

Commodities struggle; Brent oil nears 17-month low

LONDON  - Commodity markets struggled this week, with Brent oil approaching a 17-month low, as traders balanced demand fears and the fragile economic outlook against China’s surprise interest rate cut.Investor sentiment took a knock after the Bank of England, the European Central Bank ...

Commodities slide as Fed pours cold water on stimulus hopes

LONDON  - Commodity prices mostly fell this week under pressure from the Federal Reserve's reluctance to inject fresh stimulus into the sluggish US economy and amid stubborn recession fears in Europe.Markets were also rocked by mounting concern that Spain could be engulfed by the eurozone debt ...

Tension, curfew continues in Gilgit, scarcity of food, other commodities emerge

Scarcity of food and other commodities has gripped Gilgit and other districts as curfew remained imposed in the city to maintain law and order.Situation remained tensed across Gilgit-Baltistan on Friday as security forces have arrested more than 100 suspected people during overnight patrolling in ...

Commodities rally on Greek bailout; oil soars on Iran fears

LONDON - Most commodity markets rose this week, boosted by Greece’s second eurozone bailout and extra liquidity from central banks, while oil hit nine-month highs on rising tensions over crude producer Iran.“It could be argued that the Greek bailout has lifted a short-term cloud from ...

crude oil hits 8-month mixed week commodities
February 19, 2012

Crude oil hits 8-month high amid mixed week for commodities

LONDON  - Star performer oil hit an eight-month peak this week on the back of simmering tensions in key crude producer Iran, but other commodities enjoyed mixed fortunes as traders tracked the Greek debt crisis.“This week, sentiment has once again shifted toward Europe’s sovereign ...

oil hits -month peak mixed week commodities
February 12, 2012

Oil hits six-month peak amid mixed week for commodities

LONDON  - Oil rallied this week, with Brent hitting a six-month high on recent upbeat data, winter weather in the northern hemisphere and Iran tensions, while other commodities steadied as traders eyed Greek news.“This week, the crude oil markets broke free from almost a month of ...

Commodities rattled by stubborn demand fears

LONDON (AFP) - Commodity markets experienced another volatile week, with New York oil prices diving again, as traders eyed stubborn demand fears in consumer nations and tracked sharp fluctuations in the dollar. Most raw materials had already slumped in value the previous week on the back of ...

Global Stocks Commodities Shine 10
January 02, 2011

Global stocks and commodities shine in '10

NEW YORK/LONDON (Reut-ers) - World stocks ended 2010 at their highest levels in 28 months on Friday and oil touched a 26-month peak as expectations of a further recovery in the global economy supported investors' appetite for risk heading into the new year. However, recent figures pointing to ...

China Rate Hikes Ruffle Commodities
October 24, 2010

China rate hikes ruffle commodities

LONDON (AFP) - Commodity prices diverged this week as traders took their cue from interest hikes in China, one of the worlds biggest consumers of raw materials. Traders also reacted to a strengthening dollar, which makes commodities more expensive for holders of weaker currencies, weighing on ...

Commodities Win Boost Jobs Data
March 07, 2010

Commodities win boost from US jobs data

LONDON (AFP) - Oil prices soared above 82 dollars this week as traders took their cue from better-than-expected US jobs data, firmer stock markets and the latest newsflow on the Greek debt crisis. The devastating earthquake in Chile, meanwhile, sent tremors through the copper market because the ...

Commodities mostly drop in choppy week as US economy recovers

LONDON (AFP) - Commodities mostly fell in volatile trade this week as investors tracked sharp swings in global equities and the US dollar and news that the United States has escaped from recession. Official data showed Thursday that the US economy emerged from a vicious recession in the third ...

Avoid Lowquality Commodities
August 24, 2009

'Avoid low-quality commodities'

KARACHI - The citizens during Ramadhan should not buy the mineral water and cooking oil which have failed their standard test and their named are published under the Non-Conformity Test Report by the Pakistan Standards and Quality Control Authority (PSQCA). The brands for bottled water that have ...

BMA Capital kicks off commodities brokerage

KARACHI - Pakistan's Premier Investment Group, BMA Capital, has launched its latest business division, BMA Commodities, which will allow both individual and institutional investors to invest in and trade commodities and commodities futures contracts. Investors now have the opportunity to invest in ...

Oil prices collapse under 34 dollars as commodities reel

LONDON (AFP) - Oil prices fell this week to their lowest levels since 2004, despite a record OPEC output cut, while many commodities were dragged lower on fears of a looming global recession and weak demand. "Commodity markets have fallen back sharply under the weight of a rapidly deteriorating ...

Oil price plunges, dragging most commodities lower

LONDON - Oil prices slumped this week as traders worried the slowing US economy would dampen demand from the world's biggest energy consumer, sparking losses across other key commodity markets. OIL: Crude futures plummeted further from record high points above 147 dollars per barrel that were ...

Oil sets record high 147 dollars, aluminium rockets to new peak (weekly Commodities)

LONDON  - Oil prices zoomed to a record 147.50 dollars this week and aluminium hit all time highs as many commodities were boosted by supply worries, growing tensions over Iran and the weak US currency. "Commodity prices swung higher ... as increased tensions between Iran and the West ...

Food commodities import reaches Rs250b

KARACHI - An increase of about Rs 90 billion has been observed in terms of import of food commodities in the current fiscal. The import of food related items import has shot up to over Rs 250 billion in current fiscal 2007-08 against Rs154 billion of last fiscal 2006-07. The official statistics ...

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