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Falling Commodity Prices Leave India With Huge Subsidy Bill

The Wall Street Journal - 5/2/2016 4:49:24 AM
NEW DELHI—The nose-dive in global commodity prices has had an unexpected repercussion in India: a giant new subsidy bill as New Delhi spends billions to mop up wheat, rice, sugar and cotton at government-fixed prices. India guarantees minimum prices for ...

China Lending Inflates Real Estate, Stocks, Even Egg Futures

New York Times - 5/2/2016 4:13:37 AM
In fact, the actual price of eggs in the country’s markets has fallen from a year ago, according to government statistics. The reason for the unusual jump in egg futures, they say, is China’s tendency to experience investment bubbles when the ...

China's commodity trading curbs are working, at least for now: Russell

Reuters - 5/1/2016 9:36:55 AM
... to take a Western view of China and conclude that Beijing's attempts to limit speculation in commodity futures in order to prevent price bubbles are ill-advised and ultimately doomed to failure. It's likely that market participants schooled in the ...

Gold prices are expected to trade higher: Angel Commodities

Money Control - 5/2/2016 10:25:50 AM
Spot gold prices jumped by 5 percent last week to close at $1293.4 per ounce as the dollar weakened owing to weaker-than-expected U.S. growth as economy expanded in the first quarter at the slowest pace in two years. This raised the expectations of further ...

China: Commodity Markets Getting Frothy

Seeking Alpha - 5/1/2016 4:43:26 AM
This optimism may be affecting the prices of many other commodities. This is pure speculation, and speculation is inherently unsustainable when fundamentals are painting a completely different picture. This time the Chinese government is trying to stop the ...

Global commodity bust boosts India Inc’s profits

The Hindu Business Line - 5/1/2016 8:21:10 PM
Even as the larger economy continues to grapple with a demand slowdown, as evident from the tepid 2.6 per cent rise in revenue, the weakness in global commodity prices has been the saving grace for the import-dependent economy. The sharp correction in ...

Commodity prices concern farmers, not consumers

Augusta Free Press - 5/1/2016 1:54:37 PM
It’s been more than a year since corn and wheat prices took a tumble on the Chicago Board of Trade. Milk prices took a steep nose dive last November, and cattle prices have been dropping fast since last July. This is bad news for most Virginia farmers ...

Here's why it's so important Scott Morrison gets his commodity price forecasts right

businessinsider.com.au - 5/2/2016 4:35:05 AM
Nowhere has the acute volatility of 2016 been more evident than in global commodity markets. Whether it is crude oil, iron ore, coal, copper, aluminium, gold and other commodity markets important to Australia and Australian GDP. It’s a volatile world and ...

Many Countries Sink Or Swim On Commodity Prices - And On Orders From China

econintersect.com - 5/1/2016 12:00:05 PM
Many emerging economies - and also those of some developed countries, such as Australia, Canada and Norway - rely heavily on the production of commodities and their sale to global markets. For example, more than 10 percent of Canada's and Chile's output in ...

What is the link between Sensex and commodity index?

Live Mint - 5/1/2016 3:27:40 PM
Note how the Sensex and the commodity index moved in opposite directions till about early 2015. As the commodity prices plunged, the Sensex soared. That is entirely in line with the conventional narrative of how lower commodity prices will help the Indian ...

Saudi Russia Fight For China Market Make Oil Price A Sham

Forbes - 5/1/2016 8:28:19 PM
How do you keep oil prices deflated? You sell dollars and buy oil futures regardless of the fundamentals. Russia and China moving closer on oil. Saudi’s aren’t happy and will pump and dump to rope in the Chinese. (Photo by ALEXANDER NEMENOV/AFP/Getty ...

Albanese Calls Bottom in Commodities as Goldman Is Skeptical (3)

Bloomberg - 5/1/2016 10:19:52 AM
“Commodity prices have improved materially in the last couple of months, and investor sentiment has started to turn cautiously positive on the resources sector.” Commodities have rallied in April, with the Bloomberg Commodity Index heading for the ...

Commodity prices may surprise and lead to inflation: Sudhir Agrawal, UTI MF

Economic Times - 4/28/2016 8:36:03 AM
In a chat with ET Now, Sudhir Agrawal, Fund Manager Fixed Income, UTI MF, says we have to be very cautious about how the commodity prices moves from here. Edited excerpts ET Now: The Bank of Japan first has decided to maintain the monetary base rate at 80 ...

As oil plows through $45 a barrel, U.S. producers rush to lock in prices

investing.com - 5/2/2016 4:13:37 AM
HOUSTON (Reuters) - U.S. oil producers pounced on this month's 20 percent rally in crude futures to the highest level since November, locking in better prices for their oil by selling future output and securing an additional lifeline for the years-long ...