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Topic: Commodity

Commodity prices hit by weak global outlook

london - Global commodity markets were hit this week by weaker-than-expected manufacturing data in key consumers China and the United States, and news of record high unemployment in the eurozone, but many prices rebounded following the ECB interest rate cut and upbeat US non-farm payrolls ...

Commodity markets rebound on growing risk appetite

london - Global commodity markets rebounded this week from recent losses on the back of growing investor appetite for risk, dealers said."Commodity prices are firmer, having posted varying degrees of recovery from the previous week's widespread price declines," said Barclays analyst Sudakshina ...

Commodity prices gain on Algeria unrest, upbeat data

 LONDON  - Commodity prices mostly rose this week, with oil prices supported by the Algeria hostage drama, while metals won support from positive Chinese and US economic data.OIL: Crude futures rose, supported by unrest in energy exporter Algeria, better-than-expected Chinese economic ...

Commodity markets win Chinese data support

LONDON - Commodity markets were buoyed this week by upbeat Chinese economic data and the weak dollar, but trimmed gains heading into the weekend as many traders took the opportunity to cash in their gains.Sentiment was boosted by news of a surge in China’s trade surplus, which sparked hopes ...

Commodity prices end year mixed amid US budget impasse

LONDON - Commodity prices were mixed this week, heading towards the end of 2012, a year in which the values of raw materials such as oil and gold were determined largely by global economic strains and recovery hopes.OIL: Oil prices rose in limited trading amid both the festive season and a ...

Commodity prices mixed amid US budget deadlock

LONDON  - Commodity prices diverged this week as traders focused heavily on the outlook for the United States and whether the world’s biggest economy would fall back into recession owing to a budget impasse.Elsewhere, investors cautiously welcomed a bailout deal for Greece that eased ...

Commodity prices mixed on economic, political unrest

LONDON - Commodity prices traded mixed this week as dealers took their cue from a backdrop of weak global economic growth and geopolitical tensions, notably in the Middle East.OIL: Crude oil prices retreated as a weak energy demand situation offset potential supply risks caused by geopolitical ...

Commodity prices mostly drop after Obama re-election

LONDON  - Commodities mostly fell in volatile trade this week as investors eyed demand fears, presidential elections in the United States and a looming leadership change in China.Investors’ focus was firmly fixed on US President Barack Obama’s victory over Republican challenger ...

Commodity prices diverge amid Sandy, strong economic data

LONDON - Commodity prices diverged this week with markets impacted by superstorm Sandy and strong Chinese and US economic data ahead of next week’s presidential elections in the United States.Wall Street shut for two days at the start of the week as Sandy bore down on the US east coast, ...

Commodity prices mostly retreat on economic strains

LONDON  - Commodity prices mainly retreated this week, pressured by a tough economic climate highlighted in part by weakening growth in the world’s second biggest economy China, according to market watchers.Heading into the weekend, all eyes were on the European Union, whose leaders on ...

Commodity prices mixed on stimulus action, China demand

LONDON - Commodity prices were mixed this week following volatile trading as dealers weighed the effects of new US stimulus measures against fears over weaker Chinese demand.Raw materials futures had surged the previous week after the Federal Reserve had said it would start a third stimulus ...

Commodity prices soar as Fed launches QE3

LONDON  - Commodities surged this week, with many striking multi-month peaks after the Federal Reserve embarked upon new stimulus plans to boost the US economy, a major consumer of raw materials.Global markets rallied after the Fed said Thursday it would start a third programme to purchase ...

Commodity prices hit by spreading global economic gloom

LONDON  - Most commodity prices sank this week as traders took their cue from weak global data, particularly after Friday’s disappointing payrolls report in major consumer the United States.Job creation numbers confirmed that the US economy has hit a weak patch in the past month. The net ...

Commodity prices mixed on uncertain global outlook

LONDON  - Commodity prices saw mixed fortunes this week as traders tracked concerns over the world economic outlook driven by fresh debt tensions in the eurozone, most notably Spain.“Commodity prices have posted widespread and broad-based price weakness over the week,” said ...

Commodity prices diverge on mixed global outlook

LONDON - Commodity prices diverged this week as traders reacted to a mixed outlook for the global economy, while oil futures were also impacted by Middle East supply worries.OIL: Oil prices fell having endured a roller-coaster ride.Brent crude futures slumped by four dollars a barrel on Thursday ...

Seminar on ‘Effective Commodity Exchanges’

LAHORE – Pakistan Mercantile Exchange (PMEX) has made a formal presentation at a seminar on “Experiences in Establishing Effective Commodity Exchanges in IDB member Countries”. This seminar was held in Ankara, Turkey and was organized by the Islamic Development Bank, its ...

Food inflation being fuelled by high global commodity prices : NPMC

Our Staff Reporter ISLAMABAD - The National Price Monitoring Committee on Saturday noted in its meeting that food prices had shown an increase in July 2011 before the start of Ramazan, which appeared to be seasonal. The meeting reviewed the price trend of essential items and measures to stabilise ...

Commodity rates fixed in Bahawalpur district

BAHAWALPUR (APP) - District Coordination Officer Bahawalpur Dr Naeem Rauf has fixed the prices of essential commodities here on Saturday. A notification in this regard, has been issued. According to the official sources, Price Control Magistrates have been directed to ensure implementation of price ...

Garbage Going Saleable Commodity
November 19, 2009

Garbage going to be saleable commodity

LAHORE - The Solid Waste Management (SWM) department will soon be selling tones of municipal waste to foreign recycling factories, which are being set up in the area of Sundar Industrial Estate and Kahna Kachha. About 180,000 tons waste and garbage is being produced by 10 million people in the ...

Commodity prices diverge amid recovery hopes

LONDON (AFP) - The prices of raw materials were mixed this week in cautious trade despite increased signs of global economic recovery. The US economy, the worlds biggest, appeared to hold on its path of recovery from deep recession as output shrank at an unrevised 1.0 percent pace in the second ...

Commodity prices mixed as economies turn corner

LONDON (AFP) - Commodity prices traded mixed this week amid caution over future demand for raw materials despite positive economic data from the United States and Europe, where recession ended for some countries. Sugar prices reached a 28-year peak, however, pushed higher by tight supplies of the ...

Commodity markets stumble on US economic woes

LONDON (AFP) - World commodity markets were rocked this week by weak data in the United States, a leading consumer of raw materials, which cast doubt on the prospect of a global economic recovery. Data released Thursday showed US job losses surged to 467,000 in June, pushing the unemployment rate ...

Commodity prices hit multi-month highs

LONDON (AFP) - Commodity prices rallied to multi-month highs this week on increasing signs that the worst of the world recession may be over. The recent surge in commodity prices appears to have been driven primarily by hopes of a strong recovery in the global economy, said Capital Economics ...

US Federal Reserve stimulus boosts commodity prices

LONDON (AFP) - Commodity prices rallied this week as the US Federal Reserve's decision to pump more than a trillion dollars into the ailing American economy weakened the greenback, leaving investors to seek out havens. "The Fed's decision to move to quantitative easing by signalling that it will ...

Oil Leads Commodity Prices Lower
September 14, 2008

Oil leads commodity prices lower

LONDON (AFP) - Crude oil futures slid to six-month lows below 100 dollars this week and many other commodities fell as the dollar rallied and surveys pointed to lower demand for raw materials amid an economic slowdown. Losses were reduced late on and some commodities even ended higher from a ...

Rising commodity prices and a reminder of the 1970s

Commodity prices rose across the board on Thursday, with oil surging up roughly 5 percent to more than $120 a barrel. No single fact seems to have caused Thursday's broad rise - economic data recently released were, if anything, bearish - although many have pointed to a 1 percent drop in the value ...

Credit to govt for commodity operations expands by Rs60b

ISLAMABAD- The net bank credit to the government for financing commodity operations and budgetary support amounted to Rs. 423 billion during July-May FY08 against Rs.185 billion during the same period last year. According to an official data, the Credit to government for commodity operations ...

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