Commodities – Financial Freedom https://www.financialfreedom.news Business News Tue, 16 Mar 2021 03:01:22 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.10 https://www.financialfreedom.news/wp-content/uploads/2020/11/financial-freedom-1-150x150.png Commodities – Financial Freedom https://www.financialfreedom.news 32 32 Big jump in soybean meal exports on global demand https://www.financialfreedom.news/big-jump-in-soybean-meal-exports-on-global-demand/ https://www.financialfreedom.news/big-jump-in-soybean-meal-exports-on-global-demand/#respond Tue, 16 Mar 2021 03:01:22 +0000 https://www.financialfreedom.news/big-jump-in-soybean-meal-exports-on-global-demand/ Exports of soybean meal have gone up by almost three times between October and February over the last year owing to strong global demand.

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Exports of soybean meal have gone up by almost three times between October and February over the last year owing to strong global demand.

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Gold, silver expected to trade sideways to up this week after having slipped as bond yields rose https://www.financialfreedom.news/gold-silver-expected-to-trade-sideways-to-up-this-week-after-having-slipped-as-bond-yields-rose/ https://www.financialfreedom.news/gold-silver-expected-to-trade-sideways-to-up-this-week-after-having-slipped-as-bond-yields-rose/#respond Mon, 01 Mar 2021 03:24:40 +0000 https://www.financialfreedom.news/gold-silver-expected-to-trade-sideways-to-up-this-week-after-having-slipped-as-bond-yields-rose/ The precious metals declined during the previous week with rising US bond yield which also boosted buying in dollar.

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The precious metals declined during the previous week with rising US bond yield which also boosted buying in dollar.

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Gold, silver price falls as bond yields rise; expect more of the same this week from precious metals https://www.financialfreedom.news/gold-silver-price-falls-as-bond-yields-rise-expect-more-of-the-same-this-week-from-precious-metals/ https://www.financialfreedom.news/gold-silver-price-falls-as-bond-yields-rise-expect-more-of-the-same-this-week-from-precious-metals/#respond Mon, 22 Feb 2021 03:20:19 +0000 https://www.financialfreedom.news/gold-silver-price-falls-as-bond-yields-rise-expect-more-of-the-same-this-week-from-precious-metals/ Expect bullion prices to trade sideways to up in the coming week with COMEX spot gold having resistance near $1820 per ounce and support at $1760 per ounce.

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Expect bullion prices to trade sideways to up in the coming week with COMEX spot gold having resistance near $1820 per ounce and support at $1760 per ounce.

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Data Monitor: Steel demand at an all-time high in January https://www.financialfreedom.news/data-monitor-steel-demand-at-an-all-time-high-in-january/ https://www.financialfreedom.news/data-monitor-steel-demand-at-an-all-time-high-in-january/#respond Mon, 22 Feb 2021 03:20:19 +0000 https://www.financialfreedom.news/data-monitor-steel-demand-at-an-all-time-high-in-january/ Domestic crude steel production rose 7% y-o-y (2% m-o-m) to 9.98 mt in the month.

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Domestic crude steel production rose 7% y-o-y (2% m-o-m) to 9.98 mt in the month.

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Sugar output up 25% to 17.68 m tonne in Oct-Jan period: ISMA https://www.financialfreedom.news/sugar-output-up-25-to-17-68-m-tonne-in-oct-jan-period-isma/ Wed, 03 Feb 2021 03:18:34 +0000 https://www.financialfreedom.news/sugar-output-up-25-to-17-68-m-tonne-in-oct-jan-period-isma/ According to the Indian Sugar Mills Association (ISMA), 491 sugar mills have been in operation till 31 January of the current marketing season, against 447 in the year-ago period.

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According to the Indian Sugar Mills Association (ISMA), 491 sugar mills have been in operation till 31 January of the current marketing season, against 447 in the year-ago period.

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India sees robust export demand for its soya meal https://www.financialfreedom.news/india-sees-robust-export-demand-for-its-soya-meal/ Sat, 09 Jan 2021 03:02:06 +0000 https://www.financialfreedom.news/2021/01/09/india-sees-robust-export-demand-for-its-soya-meal/ The United States Department of Agriculture (USDA) has reduced India’s crop estimate to 90 lakh tonne versus earlier estimate of 114 lakh tonne.

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The United States Department of Agriculture (USDA) has reduced India’s crop estimate to 90 lakh tonne versus earlier estimate of 114 lakh tonne.

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India likely to export 10 MT of non-Basmati rice in 2020-21 season https://www.financialfreedom.news/india-likely-to-export-10-mt-of-non-basmati-rice-in-2020-21-season/ Tue, 05 Jan 2021 03:12:19 +0000 https://www.financialfreedom.news/2021/01/05/india-likely-to-export-10-mt-of-non-basmati-rice-in-2020-21-season/ The country had exported 8 million tonne in 2017-18, the highest export of non-basmati rice so far, B Krishna Rao, president, AIREA, said.

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The country had exported 8 million tonne in 2017-18, the highest export of non-basmati rice so far, B Krishna Rao, president, AIREA, said.

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