Commodity Online Official Blog

tag:blogger.com,1999:blog-36702539259513935632012-02-09T10:43:38.156+05:30Commodity Online Official BlogIt's all here. Commodities have never been so exciting. Be a part of this excitement and earn moneyBinu Alexnoreply@blogger.comBlogger8611100tag:blogger.com,1999:blog-3670253925951393563.post-80898505353465038622009-05-26T10:07:00.001+05:302009-05-26T10:07:54.266+05:30IGC all set to ship first consignment of iron ore | 22 May 2

India’s construction and materials company, India Globalisation Capital (IGC,Amex: IG-News) is all set to export iron ore from mines in India to customers worldwide and has initiated supply contracts with Chinese companies. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-11670627497445126022009-05-26T10:05:00.003+05:302009-05-26T10:05:38.753+05:30Low pesticide use, India's crop loss substantial | 23 May 20

Poor and inadequate use of pesticides is causing massive losses to Indian agriculture. Yearly crop losses exceed Rs. 1 lakh crore since insects, pests and weeds are surfacing to eat standing crops because of non-judicious use of pesticides by farmers in 20% of India’s agriculture land, read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-91122162106894052242009-05-26T10:05:00.001+05:302009-05-26T10:05:15.459+05:30Chinese wedding season boosts platinum jewellery | 22 May 20

A senior figure at Platinum Guild International (PGI) has claimed that the already-growing demand for platinum jewellery in China will be boosted by an "auspicious" wedding season. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-18011356861228106082009-05-26T10:04:00.005+05:302009-05-26T10:04:43.647+05:30Bullion trade in Middle East hit as gold demand falls | 22 M

Recession is beginning to hit bullion trade hard across cities in the Middle East where gold is the most actively traded commodity. From Dubai to Saudi Arabia, demand for gold has fallen by 26% to 53.6 tonnes for the first quarter of 2009 in the wake of high prices of the yellow metal and falling stock markets.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-61844193655887977592009-05-26T10:04:00.003+05:302009-05-26T10:04:37.448+05:30Bullion trade in Middle East hit as gold demand falls | 22 M

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-74889674645300980012009-05-26T10:04:00.001+05:302009-05-26T10:04:16.464+05:30Indian consumer pays more due to poor logistics | 22 May 200

The Indian consumer is pay more for products while producer gets a lower price for their merchandise because of poor logistics. India has a long road to travel for developing logistics concept.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-83818942287892017602009-05-26T10:03:00.005+05:302009-05-26T10:03:50.568+05:30Gold headed for $1000 or higher | 22 May 2009 | www.commodit

Are you watching the dollar? Maybe the unwinding of the dollar- based paper money system is coming sooner than we expected. Yesterday, the dollar fell again - now it costs $1.37 to buy a euro. And if you want an ounce of gold, it will cost you $937. It looks to us as though gold is headed to $1,000 again...maybe higher. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-15341056767817211472009-05-26T10:03:00.003+05:302009-05-26T10:03:26.127+05:30Trader banned for concealing short trade | 22 May 2009 | www

Redmond, a trader on the freight desk of Morgan Stanley’s Commodities divison has been banned from doing commodity trades as he was found to have concealed a significant short position overnight exposing the firm to risk of incurring a significant loss. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-18876415969779491132009-05-26T10:03:00.001+05:302009-05-26T10:03:01.550+05:30Gold to touch $1,000 per ounce soon: UBS | 23 May 2009 | www

Swiss bank UBS says that it is maintaining its one and three-month Gold Price forecasts as the yellow metal continues to find support among investors. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-5103516282471770572009-05-26T10:02:00.001+05:302009-05-26T10:02:39.029+05:30Global companies hot on platinum mining in S Africa | 23 May

Pan African Resources is set to buy the 600,000 oz pgm Phoenix Platinum tailings treatment project in South Africa for R71 million, says a report posted in Platinum Today.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-55180020373635438372009-05-26T10:01:00.003+05:302009-05-26T10:01:35.268+05:30Base Metals turn Gold in less than six months | 23 May 2009

No matter if you buy gold or other base metal, the return you get will be almost identical. A recent analysis showed that the prices of base metals including aluminium, copper and zinc have risen at par with rise in yellow metal.read more | digg story

Binu Alexnoreply@blogger.com1tag:blogger.com,1999:blog-3670253925951393563.post-7150378503594431612009-05-26T10:01:00.001+05:302009-05-26T10:01:23.554+05:30Base Metals turn Gold in less than six months | 23 May 2009

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-63791271211426296972009-05-26T10:00:00.003+05:302009-05-26T10:00:38.550+05:30Commodity Trends: Wheat futures spread cheer | 23 May 2009 |

On several counts the week beginning 18 May was quite eventful for the commodity markets. India saw the re-launch of wheat futures after a two-year gap and the delivery-compulsory contracts evoked good response from traders and speculators. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-71415013691451868832009-05-26T10:00:00.001+05:302009-05-26T10:00:12.404+05:30Gold jewellery sales plunge by 20% in Japan | 23 May 2009 |

Recession is hitting hard the gold jewellery sales in Japan. Department store sales in Japan saw sales sag 11.3 percent in April, down for the 14th month in a row, according to the Japan Department Stores Association. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-78949286197886786832009-05-26T09:59:00.005+05:302009-05-26T09:59:48.153+05:30Why silver continues to outperform gold | 24 May 2009 | www.

On Monday, gold’s losses and the rebound in equities halted silver’s four-day rally. A stronger U.S. stock market drew investors out of precious metals into the equities markets as the appetite for risk improved.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-38495321533139216152009-05-26T09:59:00.003+05:302009-05-26T09:59:28.144+05:30Will commodity ETFs continue to shine? | 24 May 2009 | www.c

As oil prices and exchange traded funds (ETFs) continue to rise despite some fundamentals, some have found that it’s a good time for retail investors to start thinking about what commodities might mean to their portfolios.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-2382938014015032332009-05-26T09:59:00.001+05:302009-05-26T09:59:03.657+05:30Global nickel consumption growing by 3.1% | 24 May 2009 | ww

Nickel world market is characterized by rising demand and constrained supply. More than 54% if world total supply comes from only five companies.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-28433812828192618502009-05-26T09:58:00.003+05:302009-05-26T09:58:41.098+05:30Gold stocks to plunge as bond market set to crash | 24 May 2

By nature, Black Swans are rare and typically solitary. Defined two years ago by Nassim Nicholas Taleb in The Black Swan: The Impact of the Highly Improbable, Black Swans personify events that share three features: they come as a surprise, read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-44966296710378570732009-05-26T09:58:00.001+05:302009-05-26T09:58:18.435+05:30Dollar panic looks exaggerated | 25 May 2009 | www.commodity

Many investors are concerned about the future path of the dollar … and with good reason. The Treasury is increasing the money supply in amounts never seen before or even imagined … all in an effort to avert a meltdown and stimulate a path to recovery. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-6167059720970024362009-05-26T09:57:00.005+05:302009-05-26T09:57:53.956+05:30Gold deposits swell in India bank vaults | 25 May 2009 | www

Indian banks are reaping in hundreds of kilograms of gold through several innovative gold deposit schemes. India’s largest bank—the State Bank of India (SBI)—has collected a whopping 548 kilogram of gold through an innovative gold deposit scheme it launched two months ago. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-46148614954071572042009-05-26T09:57:00.003+05:302009-05-26T09:57:36.458+05:30Safe Express launches 4th modern logistics park | 25 May 200

Safexpress Pvt. Ltd., India’s largest Supply Chain and Logistics Company, has established its 4th ultra-modern Logistics Park in Kolkata on Monday.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-15414878457387342072009-05-26T09:57:00.001+05:302009-05-26T09:57:27.654+05:30Safe Express launches 4th modern logistics park | 25 May 200

Safexpress Pvt. Ltd., India’s largest Supply Chain and Logistics Company, has established its 4th ultra-modern Logistics Park in Kolkata on Monday.read more | digg story

Binu Alexnoreply@blogger.com1tag:blogger.com,1999:blog-3670253925951393563.post-9486733119590081572009-05-26T09:56:00.001+05:302009-05-26T09:56:53.320+05:30Indian Tea: Still strong at 179 | 25 May 2009 | www.commodit

The tea industry in India is about 179 years old. India being the largest producer as well as the largest consumer of black tea in the world, tea has become one of the most important commercial crops of the country. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-4998938896567339332009-05-25T10:26:00.001+05:302009-05-25T10:26:31.897+05:30Jewellery designing lures Indian students | 22 May 2009 | ww

Glimpz 2009, an annual exhibition of the graduating students of the Indian Instittue of Gems & Jewellery, (IIGJ), Mumbai opened today. The show was inaugurated by jewellery designer Kriti Soni in the presence of industry stalwarts like Vasant Mehta, chairman,read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-65687388552387915152009-05-25T10:25:00.001+05:302009-05-25T10:25:18.076+05:30'Blame corporate agriculture for farm suicides' | 22 May 200

Last month, the world got a glimpse of an epidemic that has hit India in the last decade when news reports alerted readers to the suicides of 1,500 farmers in the Indian state of Chattisgarh. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-33795153895584682092009-05-25T10:24:00.003+05:302009-05-25T10:24:50.801+05:30Power utilities see tech innovation as key to future | 22 Ma

Power utility companies face a difficult challenge as they balance the constraints of the downturn with the investment required to meet future energy demand, security of supply, and climate change concerns. PricewaterhouseCoopers’ 2009 Utilities Global Survey,read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-50401536295824117092009-05-25T10:24:00.001+05:302009-05-25T10:24:21.736+05:30Move over gold coins! Rhodium bullion coins are here | 22 Ma

Rhodium bullion coins are set to hit the market for the first time ever in the next few weeks, according to a report published in Platinum Today.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-3579403197543373872009-05-25T10:23:00.005+05:302009-05-25T10:23:50.386+05:30IGC all set to ship first consignment of iron ore | 22 May 2

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-42927394616357681412009-05-25T10:23:00.003+05:302009-05-25T10:23:29.468+05:30Low pesticide use, India's crop loss substantial | 23 May 20

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-70689620420537614372009-05-25T10:23:00.001+05:302009-05-25T10:23:06.871+05:30Chinese wedding season boosts platinum jewellery | 22 May 20

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-50881604858382595842009-05-25T10:22:00.005+05:302009-05-25T10:22:40.312+05:30Bullion trade in Middle East hit as gold demand falls | 22 M

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-42405731949160537992009-05-25T10:22:00.003+05:302009-05-25T10:22:27.915+05:30Bullion trade in Middle East hit as gold demand falls | 22 M

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-3308159801888519632009-05-25T10:22:00.001+05:302009-05-25T10:22:10.285+05:30Indian consumer pays more due to poor logistics | 22 May 200

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-29334232370116456212009-05-25T10:21:00.003+05:302009-05-25T10:21:49.153+05:30Gold headed for $1000 or higher | 22 May 2009 | www.commodit

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-62712237813184365142009-05-25T10:21:00.001+05:302009-05-25T10:21:31.986+05:30Trader banned for concealing short trade | 22 May 2009 | www

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-87767616080009800232009-05-23T10:03:00.003+05:302009-05-23T10:03:48.515+05:30Palladium to trade between $180-$280 per oz | 21 May 2009 |

Check ServicesFutures on Your MobileLog on to Bazaar BhaavGet Futures PricesExchange Spot RatesCommodity OnlinePalladium will trade between $180 per oz and $280 per oz and its movement will be largely dictated by investor interest, according to a report from Johnson Matthey.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-61633652137169987632009-05-23T10:03:00.001+05:302009-05-23T10:03:22.659+05:30Wheat Futures make a comeback in India | 21 May 2009 | www.c

Two major commodity bourse in India have relaunched the wheat futures on Thursday amidst mixed movements in grains futures in major global exchanges with wheat futures soaring in Chicago Board of Trade (CBOT) and rice futures plummeting.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-38692293375247758842009-05-23T10:02:00.003+05:302009-05-23T10:02:53.573+05:30India inflation rises marginally to 0.61 percent | 21 May 20

India’s inflation rate rose marginally to 0.61 percent for the week ended May 9. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-310633655567567032009-05-23T10:02:00.001+05:302009-05-23T10:02:21.373+05:30World crude steel output falls 23.6% in April | 21 May 2009

World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 89 million metric tons (mmt) in April. This is 23.6% lower than in April 2008. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-31848156054096815312009-05-23T10:01:00.005+05:302009-05-23T10:01:59.897+05:30Glass windows as solar energy generators | 21 May 2009 | www

Soon glass windows in houses and buildings could generate solar energy thanks to a revolutionary technology developed by a US company that involves coating glass surfaces with the world’s smallest-known organic solar cells.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-10991507222377099122009-05-23T10:01:00.003+05:302009-05-23T10:01:37.585+05:30Gold investment demand rises 38% in Q1 2009 | 21 May 2009 |

Fears of future inflation and ongoing financial uncertainty led investors to continue to flock to gold in the first quarter of 2009, seeking out its proven wealth preservation qualities.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-43657565298825212582009-05-23T10:01:00.001+05:302009-05-23T10:01:15.796+05:30India gold demand plunges to 17 tonnes: GFMS | 21 May 2009 |

Gold market is not shining in India. Gold demand in India, the world’s largest gold market, declined significantly by 83% in the first quarter of calendar year 2009 to just 17.7 tonnes as compared to similar period last year.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-48072195380059412012009-05-23T10:00:00.003+05:302009-05-23T10:00:54.579+05:30Bullish edible oil and how analysts got it wrong | 21 May 20

I believe there are 3 major reasons why prices have risen dramatically in the 2 months since the POC conference. First: The soya crop in Argentina has turned out to be much smaller than expected.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-92232326964107845702009-05-23T10:00:00.001+05:302009-05-23T10:00:34.788+05:30NMCE may relaunch Wheat Futures next week | 21 May 2009 | ww

National Multi-Commodity Exchange (NMCE) is expected to relaunch wheat Futures within a week. The other two major commodity bourses, MCX and NCDEX has already started trading in wheat Futures from Thursday. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-79278795137413935222009-05-23T09:59:00.005+05:302009-05-23T09:59:49.803+05:30Gold ETFs lose shine as funds flow to equity | 21 May 2009 |

India's gold exchange traded funds (ETFs) are going through a bad patch. Gold ETFs that have given great turns in the wake of plunging stock market and rising gold prices performed very poorly in India in the last few months.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-64709558148301418422009-05-23T09:59:00.003+05:302009-05-23T09:59:29.141+05:30What the Wall Street wants us to forget? | 21 May 2009 | www

It’s fast approaching the time Wall Street has been waiting for: the time when the media and the public forget what got us into this economic mess. As massive doses of taxpayer Viagra lift the stock market ticker, we hold out hope that our 401k and pension plans will re-erect themselves along with our jobs.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-51638608639441756792009-05-23T09:59:00.001+05:302009-05-23T09:59:07.985+05:30'Dollar has died. Gold is the new currency king' | 22 May 20

I bring to you the following with the specific permission of Alf Fields. I have suggested to you often in the past that once the price of gold reaches into its maximum potential it will not repeat the fall of the 1980s. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-36084997653916067452009-05-23T09:58:00.001+05:302009-05-23T09:58:45.825+05:30America lost 94% physical silver in 50 years | 22 May 2009 |

Everyone has been bullish on gold. Experts are these days saying that the US dollar has died and gold is the new global currency king. But following silver in this global bullish rally is its white brother silver.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-72710767034998419932009-05-23T09:57:00.005+05:302009-05-23T09:57:58.372+05:30MCX Wheat clocks Rs 13.19 cr on relaunch day | 22 May 2009 |

Wheat Futures that was re-introduced at MCX (Multi Commodity Exchange of India Ltd.) has witnessed a record turnover of Rs 33.19 cr on Thursday, the first day of the launch of six contracts. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-29942352620794915352009-05-23T09:57:00.003+05:302009-05-23T09:57:37.856+05:30Petra shuts down diamond mining in Sierra Leone | 22 May 200

It is curtains down for the Kono project of African diamond producer Petra Diamonds Ltd. The company said it has decided to suspend development of its Kono project in Sierra Leone due to weak gem prices.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-12041510837680786172009-05-23T09:57:00.001+05:302009-05-23T09:57:19.693+05:30Jewellery designing lures Indian students | 22 May 2009 | ww

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-31874596612824839512009-05-23T09:56:00.001+05:302009-05-23T09:56:45.859+05:30'Blame corporate agriculture for farm suicides' | 22 May 200

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-63937553667944897352009-05-23T09:55:00.003+05:302009-05-23T09:55:44.406+05:30Move over gold coins! Rhodium bullion coins are here | 22 Ma

Rhodium bullion coins are set to hit the market for the first time ever in the next few weeks, according to a report published in Platinum Today.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-47386225202266091102009-05-23T09:55:00.001+05:302009-05-23T09:55:21.209+05:30IGC all set to ship first consignment of iron ore | 22 May 2

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-43028821828670590602009-05-22T10:20:00.001+05:302009-05-22T10:20:02.894+05:30Gold trading in India to touch $16 billion by 2010 | 20 May

The Indian gems and jewellery industry is one of the fastest growing segments in the Indian economy with an annual growth rate of approximately 15 per cent. read more | digg story

Binu Alexnoreply@blogger.com1tag:blogger.com,1999:blog-3670253925951393563.post-52828450312544140882009-05-22T10:19:00.003+05:302009-05-22T10:19:42.822+05:30DGCX total volume crosses 3 million mark | 19 May 2009 | www

Dubai Gold & Commodities Exchange (DGCX) on Tuesday said it’s total volume crossed the milestone mark of 3 million contracts on May 6. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-43054930221077862392009-05-22T10:19:00.001+05:302009-05-22T10:19:20.988+05:30ETF money making options for every investor | 19 May 2009 |

In last week’s Money and Markets column, I told you about the advantages exchange-traded funds have over mutual funds. Today we’ll go a little deeper and look at the many exciting ways you can execute your investment ideas with ETFs. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-50749781314360669712009-05-22T10:18:00.005+05:302009-05-22T10:18:55.254+05:30Gold ETF booms on Nasdaq Dubai | 19 May 2009 | www.commodity

Trading in gold is booming to record levels ever since the World Gold Council listed the first ever Gold Exchange Traded Fund (ETF) in Dubai, the city of gold in the Middle East.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-32148211029872180792009-05-22T10:18:00.003+05:302009-05-22T10:18:34.709+05:30New York gold bullion players have eye on dollar | 19 May 20

After having touched lows at near $918 an ounce, gold prices stabilized overnight and subsequently rose ahead of the NY open, as the US dollar slipped nearer to 82 on the index.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-27568995304230960962009-05-22T10:18:00.001+05:302009-05-22T10:18:09.648+05:30Geo-political tensions may add to crude rally | 19 May 2009

Weakening of dollar against Euro, speculation on economic recovery following equity rallies have been cited as reasons for crude oil rallying to a six month high of $60 at Nymex.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-19315398676853580652009-05-22T10:17:00.005+05:302009-05-22T10:17:50.056+05:30'US energy policy a threat to national security' | 19 May 20

America's energy posture constitutes a serious and urgent threat to national security -- militarily, diplomatically and economically, according to a blue-ribbon panel of top-ranking retired admirals and generals.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-83048725138506324642009-05-22T10:17:00.003+05:302009-05-22T10:17:29.777+05:30Silver jewelry market booms in India, China, Russia | 20 May

According to Jewelers Circular Keystone, 2008 has marked the fifth successive year in which silver jewellery production dropped. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-55924725481718747572009-05-22T10:17:00.001+05:302009-05-22T10:17:10.571+05:30Gold price to crash by 30%: Smart Profits Report | 20 May 20

The price of gold is set to drop by 30% in the coming months. I know… this flies in the face of conventional thinking. And maybe you think I’m crazy for even suggesting it.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-44847287102984989262009-05-22T10:13:00.005+05:302009-05-22T10:13:46.730+05:30Gold average prices to rise for 8th year in a row | 20 May 2

Average annual price of gold is expected to rise for an eighth consecutive year to record a fresh high in 2009. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-43409043378522394872009-05-22T10:13:00.003+05:302009-05-22T10:13:27.681+05:30Energy-saving steel will roof Shanghai Expo 2010 | 20 May 20

The biggest attraction of Shanghai Expo 2010 next year is going to be its pavilion that will be enclosed by an energy-saving steel called Prelaq. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-57057688476160556812009-05-22T10:13:00.001+05:302009-05-22T10:13:08.328+05:30Potash can avoid global food crisis | 20 May 2009 | www.comm

Global fertilizer use must be ramped-up to avert a permanent food crisis and world instability. This is the stark message that was delivered at the BMO Capital Markets 2009 Agriculture, Protein and Fertilizer Conference in New York last week. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-35737420299604314672009-05-22T10:12:00.005+05:302009-05-22T10:12:47.862+05:30What's wrong with US Climate Change Bill? | 20 May 2009 | ww

First, the good news: One of the most comprehensive pieces of energy and climate legislation ever drafted by members of the U.S. Congress has finally seen the light of day. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-265553798307026922009-05-22T10:12:00.003+05:302009-05-22T10:12:18.575+05:30Antwerp diamond dealers get big funding | 20 May 2009 | www.

The Antwerp World Diamond Centre (AWDC) has reached an agreement with local diamond financing banks to provide additional “financial mechanism” to support Antwerp’s diamond dealers, the AWDC has announced.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-46584496334830604212009-05-22T10:12:00.001+05:302009-05-22T10:12:08.932+05:30Antwerp diamond dealers get big funding | 20 May 2009 | www.

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-21248039158830008102009-05-22T10:11:00.005+05:302009-05-22T10:11:43.771+05:30Can family-run gold, diamond business succeed? | 20 May 2009

The Gem & Jewellery Export Promotion Council Southern Region in association with the Madras Jewellers and Diamond Merchants Association organized a seminar titled 'Core Strengths – United in an Untied World' recently. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-12332021871589496202009-05-22T10:11:00.003+05:302009-05-22T10:11:21.578+05:30World Zinc demand drops heavily in Q1 2009 | 20 May 2009 | w

The world demand for refined zinc metal decreased by a significant 12..5 percent during the first quarter of 2009. During the first quarter of 2009 preliminary data indicate that world supply of refined lead metal exceeded demand by 33kt and that total reported stock levels increased by 15kt. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-74919685392874222622009-05-22T10:11:00.001+05:302009-05-22T10:11:00.778+05:30Palladium to trade between $180-$280 per oz | 21 May 2009 |

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-11461922601405917742009-05-22T10:10:00.003+05:302009-05-22T10:10:37.932+05:30Wheat Futures make a comeback in India | 21 May 2009 | www.c

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-92087771109312981752009-05-22T10:10:00.001+05:302009-05-22T10:10:17.486+05:30India inflation rises marginally to 0.61 percent | 21 May 20

India’s inflation rate rose marginally to 0.61 percent for the week ended May 9. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-62003865353961263622009-05-22T10:09:00.001+05:302009-05-22T10:09:58.152+05:30World crude steel output falls 23.6% in April | 21 May 2009

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-35005571170273329592009-05-21T10:28:00.001+05:302009-05-21T10:28:01.543+05:30Geo-political tensions may add to crude rally | 19 May 2009

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-20019256895607531412009-05-21T10:27:00.005+05:302009-05-21T10:27:43.172+05:30'US energy policy a threat to national security' | 19 May 20

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-12624173370036365632009-05-21T10:27:00.003+05:302009-05-21T10:27:24.225+05:30Silver jewelry market booms in India, China, Russia | 20 May

According to Jewelers Circular Keystone, 2008 has marked the fifth successive year in which silver jewellery production dropped. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-58945197728006136452009-05-21T10:27:00.001+05:302009-05-21T10:27:05.388+05:30Gold price to crash by 30%: Smart Profits Report | 20 May 20

The price of gold is set to drop by 30% in the coming months. I know… this flies in the face of conventional thinking. And maybe you think I’m crazy for even suggesting it.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-83500573591121650192009-05-21T10:26:00.007+05:302009-05-21T10:26:47.398+05:30Gold average prices to rise for 8th year in a row | 20 May 2

Average annual price of gold is expected to rise for an eighth consecutive year to record a fresh high in 2009. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-65103385912557654272009-05-21T10:26:00.005+05:302009-05-21T10:26:26.805+05:30Energy-saving steel will roof Shanghai Expo 2010 | 20 May 20

The biggest attraction of Shanghai Expo 2010 next year is going to be its pavilion that will be enclosed by an energy-saving steel called Prelaq. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-20782667587084769652009-05-21T10:26:00.003+05:302009-05-21T10:26:24.157+05:30Energy-saving steel will roof Shanghai Expo 2010 | 20 May 20

The biggest attraction of Shanghai Expo 2010 next year is going to be its pavilion that will be enclosed by an energy-saving steel called Prelaq. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-84256616855984275912009-05-21T10:26:00.001+05:302009-05-21T10:26:05.432+05:30Potash can avoid global food crisis | 20 May 2009 | www.comm

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-48006282574829901802009-05-21T10:25:00.005+05:302009-05-21T10:25:48.629+05:30What's wrong with US Climate Change Bill? | 20 May 2009 | ww

First, the good news: One of the most comprehensive pieces of energy and climate legislation ever drafted by members of the U.S. Congress has finally seen the light of day. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-44053780048703484342009-05-21T10:25:00.003+05:302009-05-21T10:25:30.977+05:30Antwerp diamond dealers get big funding | 20 May 2009 | www.

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-15850655633161868022009-05-21T10:25:00.001+05:302009-05-21T10:25:13.955+05:30Can family-run gold, diamond business succeed? | 20 May 2009

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-19400485062906601792009-05-21T10:24:00.001+05:302009-05-21T10:24:56.427+05:30World Zinc demand drops heavily in Q1 2009 | 20 May 2009 | w

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-88385517600026709532009-05-20T13:02:00.003+05:302009-05-20T13:02:42.789+05:30Commodity Global Market News | Americans to live frugally ti

Amid reports that retail spending is picking up and the economy may be stabilizing, American families say they are looking beyond the eventual recovery to a more frugal future that embraces pinching pennies and saving money as a desirable and permanent financial strategy. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-30434509298391774152009-05-20T13:02:00.001+05:302009-05-20T13:02:20.044+05:30The rise and fall of steam coal | 19 May 2009 | www.commodit

In the first half of 2008, coal was a much sought after commodity that steam coal prices soared to record highs. as crude oil rallied to $147 per barrel. A year later and the deepening financial crisis has reversed the fortunes of this commodity. Coal prices are down between 37 to 72% depending on the location. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-59969595522256393642009-05-20T13:01:00.001+05:302009-05-20T13:01:40.442+05:30WGC plans to introduce gold ETF in China | 19 May 2009 | www

The World Gold Council is planning to set a gold exchange traded fund (ETF) in China’s mainland with the cooperation of its Chinese partners. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-34532563016760155612009-05-20T13:00:00.005+05:302009-05-20T13:00:59.079+05:30Global platinum supply plunges by 630,000 oz | 19 May 2009 |

Johnson Matthey has revealed that it expects platinum to trade between $950 per oz and $1,350 per oz over the course of 2009. In its 'Platinum 2009' market review, read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-91214343789883477502009-05-20T13:00:00.003+05:302009-05-20T13:00:39.750+05:30'Gold to touch $1650 by 2011' | 19 May 2009 | www.commodityo

I have said for a considerable period of time that gold will trade at or above $1650 by January 14th 2011. I started saying this so far back it looked nuts. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-40331480097171029702009-05-20T13:00:00.001+05:302009-05-20T13:00:18.585+05:30CME completes integration with Nymex | 19 May 2009 | www.com

CME Group, the world's largest and most diverse derivatives exchange, announced today that it has completed its New York trading floor integration, a key milestone following its 2008 acquisition of NYMEX. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-52406009474923519372009-05-20T12:59:00.005+05:302009-05-20T12:59:54.773+05:30CME to launch clearing for 8 new petroleum swaps | 19 May 20

CME Group, the world's largest and most diverse derivatives exchange, has announced the launch of clearing services for eight new petroleum swap futures contracts, scheduled to launch on May 31 for trade date June 1. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-54094751738608845192009-05-20T12:59:00.003+05:302009-05-20T12:59:31.068+05:30Central Banks drive gold, commodities: Credit Suisse | 19 Ma

Expansive monetary initiatives by Central Banks globally improve the long-term outlook for commodities, mainly precious metals and soft commodities, according to a research report by Credit Suisse.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-49840248637980696222009-05-20T12:59:00.001+05:302009-05-20T12:59:10.089+05:30Central Banks drive gold, commodities: Credit Suisse | 19 Ma

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-48409383730980258392009-05-20T12:58:00.005+05:302009-05-20T12:58:50.372+05:30Surging US jewellery industry bucks meltdown | 18 May 2009 |

United States is the largest jewellery consumer in the world. What are the jewellery sales and consumption patterns in the US?read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-9431337526060470072009-05-20T12:58:00.003+05:302009-05-20T12:58:32.808+05:30Cheers! Commodity prices set to improve | 18 May 2009 | www.

Credit Suisse, one of the world's leading banks, predicts that Commodity prices are all set to stabilize over next few months and the first to recover will be precious metals and soft commodities. read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-34446705057433777162009-05-20T12:58:00.001+05:302009-05-20T12:58:14.977+05:30India gold jewellery exports rise by 9.73 percent | 18 May 2

Export and import of gems and jewellery items by India have seen a major slump in April, according to figures released by India's Gem and Jewellery Export Promotion Council.read more | digg story

Binu Alexnoreply@blogger.com0tag:blogger.com,1999:blog-3670253925951393563.post-36429968585571644412009-05-20T12:57:00.003+05:302009-05-20T12:57:53.202+05:30LCH to launch OTC iron ore swap using TSI | 18 May 2009 | ww

LCH.Clearnet will launch its cleared OTC iron ore swap contract using exclusively The Steel Index (TSI) iron ore reference price for settlement. read more | digg story

Binu Alexnoreply@blogger.com0