Commodities

Has lithium become too expensive for EVs?
April 01, 2022 03:20 PM AEDT| By Nitish KumarIn what shows Australians’ growing love for electric vehicles, the country recently saw 109 Hyundai electric SUVs being sold out in only six and half minutes. Out of nearly 18,000 Aussies who had registered their interest, only 109 got lucky .....

When did gold touch its highest level and why?
March 31, 2022 06:01 PM AEDT| By Akanksha VashishtGold has an undying presence across markets, be it as a safety net for investors, a source of financial stability or simply as an ornament metal among diverse cultures. Gold’s use case has evolved drastically over the years, with its prestige.....

Crude oil gains on prospects of new Russia sanctions
March 30, 2022 07:48 PM AEDT| By Arpit VermaHighlights Crude oil prices tore heavy losses of the initial trading session on Wednesday. The prices tumbled significantly during the initial sessions on Wednesday after Russia promised to scale down its military operations around Kyiv. the O.....

ILU to IMA: Why are prices of these mineral sand stocks skyrocketing?
March 29, 2022 09:42 PM AEDT| By Arpit VermaThe soaring conflict between Russia and Ukraine has already created chaos in the global commodity market, creating supply shortage concerns. However, the impact of the Russia and Ukraine war is not only confined to this, but things are also raising.....

Commodity wrap-up for the week that was
March 28, 2022 08:45 PM AEDT| By Arpit VermaHighlights Natural gas prices surged by a staggering ~13.44% in the last week. The prices of industrial metals including aluminium, zinc, lead, and palladium also jumped in the last week. Battery metal lithium remained stable during the week w.....

How a boost in Permian oil output can help calm down crude oil markets
March 19, 2022 01:30 AM AEDT| By Arpit VermaHighlights The Permian Basin is expected to boost crude oil production by 70,000bpd in April. With energy demands rising after a solid recovery in worldwide COVID-19 cases and limited supplies, the world is going through an acute fuel shortage......

How a boost in Permian oil output can help calm down crude oil markets
March 19, 2022 12:44 AM AEDT| By Arpit VermaHighlights The Permian Basin is expected to boost crude oil production by 70,000bpd in April. With energy demands rising after a solid recovery in worldwide COVID-19 cases and limited supplies, the world is going through an acute fuel sho.....

Crude oil rises on IEA supply warning
March 17, 2022 05:57 PM AEDT| By Arpit VermaHighlights Crude oil prices rose on Thursday. The prices were dropped on Wednesday for the fifth time in the last six days as traders reacted to the progress in Russia-Ukraine peace talks. Oil inventories in the US jumped by 4.3 million .....

Crude oil dips below US$100/bbl on a possible revival of Iran deal
March 16, 2022 04:45 PM AEDT| By Arpit VermaHighlights Crude oil prices tumbled on Tuesday. Both oil benchmarks reached below US$100/bbl for the first time since late February. As per the technical charts, both oil benchmarks moved to the oversold territory which had been in overbought .....

Oil dips more than 5% on hopes of a diplomatic end to Russia-Ukraine tussle
March 15, 2022 04:43 PM AEDT| By Arpit VermaHighlights Crude oil prices tumbled on Tuesday. The prices extended their last week's decline as Russia is showing signs of its willingness to have a substantive negotiation over Ukraine. The global commodity market is facing headwinds since R.....

Nickel price surpasses US$100,000/t; ASX nickel stocks rise
March 09, 2022 02:31 PM AEDT| By Arpit VermaHighlights Nickel prices surged by a massive 65% yesterday, recording one of the most extreme moves in the history of metals. The current surge in the prices of battery metal is a result of escalated tension between Russia and Ukraine. Numerou.....

Why are nickel & aluminum prices high?
March 09, 2022 01:58 PM AEDT| By Ankit SethiHighlights Oil prices have been soaring over the past weeks, and now the US has banned oil imports from Russia Commodities like nickel and aluminum are also trading higher due to multiple reasons Supply constraints seem to be the biggest facto.....

Russia-Ukraine conflict: What is happening with wheat prices?
March 08, 2022 06:13 PM AEDT| By Akanksha VashishtThe events unfolding amidst the Russia-Ukraine conflict are highlighting different perils of war – one of them being declining food security. Wheat prices have soared by as much as 60% in the last one month (as of 8 March 2022), fuelling wide.....

Crucial commodities that could be affected by the Russia-Ukraine war
February 27, 2022 12:47 AM AEDT| By Arpit VermaTensions between Russia and Ukraine have reached a fever pitch as Russian President Vladimir Putin announced a military operation on Ukraine on Thursday. Within a few hours, Russian aircrafts had already made their way to the Ukrainian capital whil.....

Up ~562% in last one year: What’s fuelling lithium prices?
February 26, 2022 01:13 AM AEDT| By Arpit VermaGlobal appetite for lithium has surged dramatically in the recent years, fuelling the price of the silvery-white metal. Lithium carbonate prices have surged to CNY 460,500 a tonne, recording nearly 553.19% gains in the last year. The spurt in lithi.....

Gold, Crude oil, and Aluminium: 3 Commodities to keep an eye on as Russia invades Ukraine
February 24, 2022 07:55 PM AEDT| By Arpit VermaVladimir Putin, the Russian President, announced a military operation in Ukraine in the wee hours on Thursday after several weeks of intense diplomacy and a flurry of Western sanctions on Russia. On Thursday, the Russian President said in a televis.....

Shining in times of crisis: How gold prices reacted during major wars
February 24, 2022 01:56 PM AEDT| By Nitish KumarHighlights Gold is, once again, in the limelight as the world is gripped by high inflation and ongoing tensions between Russia and Ukraine. Gold has been seen as a ‘safe haven’ during dire economic situations. Prior to World War II.....

Crude oil hits US$99.50/bbl as Ukraine crisis intensifies
February 23, 2022 09:08 PM AEDT| By Arpit VermaHighlights Brent Crude Oil prices rose as high as US$99.50 a barrel on Tuesday, with prices settling near 2014 highs. The significant rise in the prices came after several western nations announced the initial stage of sanctions on Russia. Mar.....

Oil tumbles 3% as Russia withdraws some troops from Ukraine
February 16, 2022 01:30 PM AEDT| By Arpit VermaHighlights Crude oil prices tumbled on Tuesday. The substantial drop in the prices came after Russia stated that it has withdrawn some of the military units back to bases. Investors are also eyeing talks between the US and Iran on reviving the.....

Andrew Forrest vs Blue Hydrogen: Why are industry veterans against Hydrogen with fossil fuels?
February 12, 2022 01:27 AM AEDT| By Arpit VermaHighlights Demand for hydrogen has witnessed unprecedented growth in the past few years. The production of blue hydrogen creates a significant amount of carbon dioxide, which is harmful to the environment. Fortescue’s Chairman Andrew For.....
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