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Commodities
Why Are Iron Ore Prices Moving With A Snail Pace?
March 13, 2019 07:30 PM AEDT| By Team Kalkine MediaIron ore prices are trading in a narrow range with benchmark CME Iron ore 62% Fe futures (TIOc1) trading in a narrow range of $85.15 (closing of 7th March 2019) to the present level of around $85.31 (closing on 11 March 2019). The sluggish movement i...
How Is The Needle Moving On Aluminium Prices?
March 13, 2019 07:00 PM AEDT| By Team Kalkine MediaAluminium Prices surged on London metal exchange, with LME Aluminium marking a surge from the level of $1819.75 (Day?s low on 12th March) to the current level of around $1899.75. The Aluminium prices before the surge experienced a sharp decline from...
Leading Iron Ore Miner, BHP Slumped On ASX Amid Fall In Iron ore Prices
March 12, 2019 07:30 PM AEDT| By Team Kalkine MediaIron ore prices descended, with benchmark CME Iron ore 62% Fe futures (TIOc1) slipped from the level of $86.76 (Closing on 6th March) to the level of $85.15 (Closing on 11th March) first and dropped further to the present level of $84.53 amid buildin...
Coffee Prices Soared Amid Change In China Consumption Trend And Brazil Production Concerns
March 12, 2019 03:39 PM AEDT| By Team Kalkine MediaCoffee prices marked a surge, with U.S. Coffee C futures rising from the level of $94.50 (day?s low on 8th March) to the current high of $98.30 as on 11 March?19 amid concern over the production loss as Brazil, the major exporter of Arabica coffee en...
How Is The Needle Moving On Crude Oil?
March 11, 2019 08:00 PM AEDT| By Team Kalkine MediaCrude oil prices remained nearly unchanged, with benchmark Brent crude oil spot (XBR) recovering after setting a low of $63.88 (as on 8th March 2019) and ended the trading session at $65.56, which marked first negative closing for the oil, after four...
What Is Dragging Iron Ore Prices Down?
March 11, 2019 07:53 PM AEDT| By Team Kalkine MediaIron ore prices sank, with benchmark CME Iron ore 62% Fe futures (TIOc1) trading lower from the level of $86.76 (closing of 6th March 2019) to the present level of around $85.15 and SGX Iron ore trading flat around $70.79. The prices plunged in the...
Is Commodity Price Scenario Helping Northern Cobalt To Move Up On ASX?
March 09, 2019 09:00 AM AEDT| By Team Kalkine MediaIron ore prices are marking a surge over the steady demand from the global steel market. The ongoing trade talks between U.S-China is supporting the building optimism among market participants over the betterment in the global economy, and thus, in t...
A Glimpse At The Iron Ore Price Direction
March 07, 2019 08:00 PM AEDT| By Team Kalkine MediaIron ore prices plunged amid tighter environmental regulation by Chinese authorities to curb the pollution. The benchmark iron ore future (TIOc1) prices slipped from the top value of $92.29 (which marked the day's high on 6th February 2019) to the le...
Why Gold Prices Plunged And What To Expect From The Commodity Going Forward?
March 07, 2019 07:30 PM AEDT| By Team Kalkine MediaGold prices dived again, with the gold spot (XAU/USD) corrected from the level of $1290.99 (which marked the day?s high on 6th March) to the current low of $1280.93 (on 7th March), amid a rise in dollar index futures (DX). The dollar index marked a s...
A Glimpse At Top Primary Metals In 2019 - Nickel, Palladium, Zinc, Tin And Copper
March 06, 2019 08:00 PM AEDT| By Team Kalkine MediaMetal prices has surged amid an increase in demand and over the building optimism among market participants, due to the ongoing US-China trade talks. Previously, the global metal market fell on account of harm caused by the higher tariff war among th...
Why Are Gold Prices Inching Up?
March 06, 2019 07:30 PM AEDT| By Team Kalkine MediaGold prices soared, with Spot gold (XAU/USD) surged from the level of $1281.33 (which marked the day?s low on 5th March 2019) amid China?s downgrade on its GDP growth target from 6.5% to 6% for the year 2019. The Chinese government downgraded its GDP...
Why Are Corn Prices Noticing A Surge On CBOT?
March 06, 2019 04:06 PM AEDT| By Team Kalkine MediaCorn prices soared, with benchmark U.S Corn Future surged from the level of $357.50, which marked the day?s low on 1st March 2019, to $377.12 (Day?s High on 5th March 2019), amid on-going trade talks. The U.S President Donald Trump has asked the Chin...
Why Did Platinum Prices Fall From $1100 Mark?
March 05, 2019 08:15 PM AEDT| By Team Kalkine MediaPlatinum Prices has taken a steep fall with NYMEX Platinum Futures prices moving continuously in a downtrend direction from the previous year?s high of $1033.30 (which marked the day?s high on 25th January 2018), to currently hovering around $839.70....
Can Iron Ore 62% Fe Go Above $90 Mark In The Short Term?
March 05, 2019 08:00 PM AEDT| By Team Kalkine MediaIron ore prices surged amid higher world steel output. The benchmark Iron Ore fines 62% Fe CFR Futures CME rose from the level of $76.03 (which marked the closing price on 30th January 2019) to the level of $92.29 (which marked the closing price on 6...
Why Did Gold Prices Slip From The $1300 Mark?
March 05, 2019 07:30 PM AEDT| By Team Kalkine MediaGold prices slipped, with COMEX Gold Futures declining from the level of $1349.80 (which marked the day?s high of 20th February 2019) and currently hovering around $1289 amid developing resolution in ongoing trade talks between the two major economie...
Can Copper Prices Cross The Level Of $3.20 Again?
March 05, 2019 07:00 PM AEDT| By Team Kalkine MediaCopper prices are moving flat, with COMEX Copper Future trading in a range, from $2.951 (which marked the closing on 22nd February 2019) to $2.933 (which marked the closing on 1st March 2019); currently, the COMEX copper is hovering around the level...
Can Brent Crude Oil Prices Go Above $80 Again?
March 05, 2019 04:47 PM AEDT| By Team Kalkine MediaBrent oil prices are oscillating in between the fundamentals of voluntary production cut by OPEC members supporting the oil prices and U.S. Shale Production increase curbing the oil price rise. The tug of war between the two economies is keeping the...
Is This Precious Metal Losing The Charm – Silver?
March 04, 2019 07:32 PM AEDT| By Team Kalkine MediaSilver prices took a steep fall, with silver spot (XAG) falling from $16.634, which marked a day?s high of 27th February 2019, to mark a day?s low of $15.149 on 1st March 2019 amid rising dollar index over the building optimism among market participa...
Outlook For Commodity Coal, Struggling In The Wake Of Environmental Concerns
March 02, 2019 10:00 AM AEDT| By Team Kalkine MediaCoal prices took a steep fall amid tighter Chinese environmental regulations and rapid transformation of major economies towards a zero-emission economy in respect to Euro 6 emission standards. The coal future prices on Chicago Mercantile Exchange (C...
Venezuela Oil Exports Dropped To 920,000 bpd, Adding To The Global Supply Concerns
March 01, 2019 07:40 PM AEDT| By Team Kalkine MediaVenezuela?s Oil industry is in shackles over the U.S. sanctions on state-owned PDVSA from exporting its crude. The Sanctions were imposed by U.S. President Donald Trump to curb the dictatorship of Venezuela?s president Nicolas Maduro, which the U.S b...
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