Morning masala

Here’s what others are saying this morning:

Asia stocks head for weekly loss as commodity rout saps confidence

Asian shares edged higher on Friday but remained on track for a weekly loss as lower crude prices kept markets on edge after a broad rout in commodities heightened fears about receding global growth.

U.S. crude oil holds near 2009 lows as global glut persists

U.S. crude prices remained near 2009 lows in early Asian trading on Friday as oil output in the Middle East continued to rise despite an existing global glut.

 Let’s Just Hope Shipping Isn’t Telling the Real Story of China

 Investors betting that China’s near-insatiable appetite for industrial raw materials will drive global economic growth may want to skip the shipping news.

 Gold poised for seventh drop in eight weeks on U.S. rate hike bets

 Gold looked set for another muted trading session on Friday but was headed for the seventh weekly drop in eight weeks as investors positioned for a looming U.S. rate hike.

Commodity Faithful See Some Hope Next Year After 2015 Heartbreak

 Gold, wheat and natural gas probably will climb in 2016, according to a Bloomberg survey of 108 traders, analysts, economists and strategists across Asia, Europe and the Americas.

 What about ease of doing farming?

 Notwithstanding the international dimensions or vagaries of weather, the plight of farmers is often reflected in supply constraints faced by key industries and muted consumer confidence due to low disposable income.

Impose safeguard duties to protect paper mills: Yogesh Agarwal

The Indian paper industry, worth Rs 50,000 crore, is struggling to maintain profit margins due to sharp increase in cheaper imports from Asean countries. Rising raw material cost is affecting mills’ profitability, says Yogesh Agarwal, managing director, Ballarpur Industries Ltd,

 

 

 

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