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Commodities
Five ASX-listed coal stocks under the spotlight amid ongoing coal rally
September 10, 2021 02:35 AM PDT| By Arpit VermaThe recent coal rally has triggered future contracts to trade more than US$179 per metric tonne. Just last year, Coal futures traded as low as ~US$50 per metric tonne due to subdued demand. Coal prices have grown as much as 120.5% in 2021. However.....
Nickel prices hit seven-year highs on strong demand
September 09, 2021 08:20 PM PDT| By Team Kalkine MediaNickel on the Periodic Table of The Elements Highlights Nickel hits seven-year highs. Sales of new energy vehicles in China have almost doubled in July. A push for green vehicles has also encouraged automobile companies to expand their operat...
Crude oil dips on China’s supply plan
September 09, 2021 07:50 PM PDT| By Team Kalkine Media3D Illustration of Oil Pump Jacks on Sunset Sky Background with Financial Analytics. Concept Of Falling Oil Prices Highlights Crude oil has fallen on Thursday. China has decided to release its state oil reserves. The US records lower-than-exp...
China coal futures hit record highs on strong electricity demand
September 07, 2021 06:55 PM PDT| By Team Kalkine MediaCoal Ore Price Going Up High Increase in International Trading Export Import Market Highlights Thermal coal prices rose on Tuesday. China wants to reduce its reliance on coal-fired power plants for electricity. Coal production in China in 202...
Oil slips on demand concerns in the US and Asia
September 07, 2021 06:41 PM PDT| By Team Kalkine MediaCrude Oil Price Fall Down with Refinery Plant and Currency Highlights Crude oil prices inched lower on Tuesday. Saudi Arabia has cut the rates of crude oil for Asian markets. Oil prices got support from supply disruptions in the US. Crud...
Hurricane Ida aftermath, oil spill and production disruption in US Gulf Coast
September 06, 2021 07:15 PM PDT| By Arpit VermaThe Bureau of Safety and Environmental Enforcement (BSEE) stated that the US offshore energy production continues to struggle to get back on track even after a week since Hurricane Ida made landfall in Gulf of Mexico. Source: Copyright © 20.....
Crude oil dips followed by Saudi's decision to cut prices for the Asian market
September 06, 2021 06:26 PM PDT| By Team Kalkine MediaConcept Of Falling Oil Prices Highlights Crude oil prices dropped on Monday. Saudi Aramco notified its customers to reduce the October selling price for Asian markets. The demand for crude in the Asian market has been suffering due to the ris...
Oil slips on weaker than expected US job report
September 05, 2021 06:22 PM PDT| By Team Kalkine MediaHighlights Crude oil prices edged lower on Monday. The US Gulf of Mexico’s production tumbled after Hurricane Ida. The US records a weaker US job report. Crude oil prices inched lower on Monday followed by a weaker than expected US .....
Iron ore tumbles on expectations of steel production curbs in China
September 01, 2021 06:32 PM PDT| By Team Kalkine MediaHighlights China is limiting the production of steel to restrict its greenhouse emission as a part of its long-term goal to become carbon-neutral. The prices of iron ore are trading slightly above the nine-month low levels on the back of lower .....
3 key factors that could influence crude oil price in near term
August 30, 2021 07:45 PM PDT| By Nitish KumarHighlights COVID-19 cases are surging in Europe and the US, triggering another round of restrictions and lockdowns. Crude oil price is highly volatile and depends on various factors ranging from demand and supply to geopolitical issues. The US.....
Five reasons why Gold isn't going up anymore
August 25, 2021 02:29 AM PDT| By Arpit VermaGold prices crossed US$1,800 per ounce after gaining nearly 1.4% on Monday, on indications that the US Federal Reserve might delay plans to cut economic stimulus packages. So far in 2021, gold has given a negative return of 5.38%. &n.....
Top 5 commodities to watch for investment
August 21, 2021 07:35 AM PDT| By Team Kalkine MediaPrices of commodities have reached new heights in 2021. Higher demand with supply glut drove prices of leading commodities. Higher prices are encouraging more investment into commodities. Investors are putting money in the commodity market for futu.....
Is energy market in a commodity bubble, or are fundamentals supporting prices?
August 16, 2021 05:00 PM PDT| By Nitish KumarElectric vehicles are gaining popularity worldwide as they have evolved technologically to offer better range at competitive prices without compromising on looks or features. Interestingly, the first electric car dates back to the 1800s and first o.....
Joe Biden urges OPEC+ to increase oil production to curb rising prices
August 12, 2021 12:04 AM PDT| By Nitish KumarSummary White House has called on OPEC+ to bolster crude oil production to ease the pressure of rising fuel prices. The soaring gasoline prices are proving to be a hindrance to the economic recovery worldwide. The oil cartel had put a producti.....
How has 2021 treated major commodities? A snapshot of their price swings
August 02, 2021 02:51 AM PDT| By Arpit VermaSummary The outbreak of coronavirus in 2020 stirred chaos in the global commodity market, disrupting the supply chains and demand. Crude oil prices have recovered more than 70% in the past one year amid improvement in demand and significant sup.....
How is Australia contributing to global cobalt supply?
July 25, 2021 08:00 PM PDT| By Team Kalkine MediaSummary Cobalt is an integral material in batteries used in electric vehicles and other portable devices. The Democratic Republic of Congo (DRC) is the main supplier of cobalt, while Russia and Australia account for significant supplies. There.....
Going for gold? Here are five ways you can invest in the yellow metal
July 23, 2021 12:49 AM PDT| By AkshaySummary As per the June edition of Australia’s Resource and Energy Quarterly (REQ) report, the demand for physical gold, which includes jewellery, gold coins and bars, surged by as much as 52% y-o-y to 477 tonnes during the March quarter o.....
Where in Australia do miners extract gold from?
July 21, 2021 08:10 PM PDT| By Team Kalkine MediaSummary Gold is extensively used for the manufacturing of computer chips, spacecraft, jet engines, communication equipment, and jewellery. Most of the world's gold demand is fulfilled by mine production whereas a significant proportion comes fr.....
Why are coal prices at decade highs?
July 20, 2021 02:46 PM PDT| By Team Kalkine MediaSummary Coal prices have hit record high levels with the prices gaining more than 76% in a year. Robust demand for electricity amid rising temperatures in China is boosting the prices. Adverse weather conditions are disrupting the supply chain.....
How is artificial intelligence used in the mining industry?
July 20, 2021 12:44 AM PDT| By Team Kalkine MediaArtificial Intelligence (AI) is geared up to define the future technology and can ease our lives enormously. The ability of machines to execute human-like tasks such as learning, planning, and reasoning has already brought enormous changes in socie.....
