Commodity News

Top Stories

Lower farm commodity prices help moderate consumer food prices

Columbia Daily Tribune - 4/25/2015 5:09:25 AM
Farm commodity prices have declined from recent peaks, in some cases by a lot. Lower prices at the farm level do not always translate into reduced consumer food prices, but there is mounting evidence that food inflation is at least slowing. For farmers ...

The bottom is in for oil prices: 'A lot of people are throwing in the towel.'

The Business Insider - 4/26/2015 8:17:20 PM
A report from Bloomberg News on Sunday said that traders have pulled their bets that oil prices will fall further at the "fastest pace on record," according to data from the Commodity Futures Trading Commission, or CFTC. And according to John Kilduffnat ...

Commodity trading chiefs upbeat at FT Lausanne conference

Financial Times - 4/26/2015 11:41:57 AM
Commodities prices may be at the lowest levels snce 2009, but the mood among trading houses was upbeat. The rise in price volatility and the favourable structure between contracts for immediate delivery and future delivery has supported profitability for ...

Africa and commodity prices: No longer the kiss of death

Ghana Web - 4/24/2015 2:00:19 PM
In 2014, commodity prices tumbled. Many economists feared the worst for Africa. For decades the continent has been worryingly dependent on commodities to power economic growth. When prices crashed, economies would go into a tailspin. This time around ...

Oil-Fund Outflows Bode Ill for Prices

Wall Street Journal - 4/26/2015 11:16:18 PM
“If I think prices are going to go up 20% in the next two years, given the current shape of the curve, half of that will be eroded” by continuously holding the front-month contract, said Nick Koutsoftas, co-portfolio manager for commodities strategy at ...

Australia shares jump on commodity rebound, M&A action

Reuters - 4/27/2015 3:41:09 AM
"Given the current levels of short selling in Fortescue, we could see investors continue to cover stock with the positive price action in the spot price putting pressure on investors not wanting to be caught short," said Tristan K'nell, head of trading at ...

Kaisa Stirs Commodity Bears Eyeing China’s Property Slowdown

Bloomberg - 4/22/2015 11:56:50 PM
Kaisa Group Holdings Ltd.’s bond default this week underlines how China’s faltering property sector is threatening to blunt any rebound in commodities prices. As much as half of the country’s copper consumption and about 35 percent of its steel use ...

Iron ore price surges over 5%

Business Spectator - 4/27/2015 5:14:13 AM
The iron ore price is sitting at a six-week high with the commodity enjoying its best run through a bear market that has now lasted close to 18 months. At the end of the latest session, benchmark iron ore for immediate delivery to the port of Tianjin in ...

A Commodity Price Fall May Not Be That Bad For Sub-Saharan Africa

AFKinside - 4/24/2015 5:10:37 AM
In 2014, commodities prices fell globally and some economist were quick to predicted doom for sub-Saharan Africa commodity driven economies. With crude oil prices shedding more than half of its value in the last three months of the 2014 and other ...

Oil Prices Mixed in Asian Trade

NDTV - 4/27/2015 3:55:28 AM
Oil prices were mixed in Asia Monday as fighting between pro-government forces and Iran-backed rebels in Yemen fuels fears about a supply disruption in the crude-rich Middle East, analysts said. US benchmark West Texas Intermediate for June delivery fell ...

PIMCO declares commodities correction over

Brisbane Times - 4/23/2015 11:55:39 PM
Commodity prices may have hit bottom – but don't expect a sharp recovery. So says Mihir Worah, chief investment officer for real return and asset allocation at global bond fund manager PIMCO, who says a supply shake-out forced by sharp price declines ...

Commodity Traders Warn on European Regulation

The Wall Street Journal - 4/21/2015 7:04:32 PM
This could leave smaller markets sensitive to price shocks. “Whenever there is potential change in a regulatory requirement of capital, you’d be foolish not to be concerned about it,” said Marco Dunand, chief executive officer of commodity trading ...

Iron Ore Prices: Grim and Grimmer

Barron's - 4/23/2015 11:55:39 PM
Bulk-commodity investors have needed a cast-iron stomach as iron-ore prices plunged more than 50% over the past year. While prices have recently steadied at about $50 a metric ton, analysts are predicting the slide will resume as supplies of the ingredient ...

Finding Value In Declining Commodity Prices

investing.com - 4/13/2015 9:37:11 PM
I’m going to begin with a bit of good news. Below is our China Region Fund. As you can see, not only has it broken above its 50- and 200-day moving averages, but it’s also trading at four-year highs. And since this chart was created early last week ...

Poor countries' commodity reliance is worsening, says UN

unmultimedia.org - 4/23/2015 5:04:38 AM
Heavy falls in the price of commodities – raw materials such as oils, metals and foods – have left the world's poorest countries more vulnerable than ever, the UN said Wednesday. In a study of 135 countries, UN economists found that two out of three ...