Changes to margin rules by Sebi have impacted trading volumes across asset classes over the past few months. Although the move is aimed at preventing brokers from providing excessive leverage to traders, limiting risk and protecting retail investors, margin funding is an important tool for smaller brokers and some market participants say further tightening of […]
One of the world’s biggest container vessels – Panama registered Ever Given – ran aground in the Suez Canal on 23 March, triggering a major scare in the global commodity markets by blocking a critical transit chokepoint. The blocking of the Suez Canal has caused a traffic-jam causing a loss of $9.6 billion per day, […]
Last March, as the world economy shut down, commodity producers knew they were in for a harrowing time. Demand fell off a cliff and producers scrambled to cut capacity. Mines shut shop, rolling mills ground to a halt and oil transporters had to pay buyers to take delivery. A year later, the speed of the […]
Commodity prices have risen rapidly as the manufacturing side of the global economy bounces back from the first wave of the coronavirus epidemic and lockdowns last year. By November 2020, global manufacturing activity had recovered all of its pandemic-related losses and merchandise trade volumes were more than 1% higher than prior-year levels. In contrast, much […]
Gurugram-headquartered agri-tech startup Origo Commodities, primarily known for post-harvest agriculture supply chain management specialization, is getting ready to add major digital components to its operations before the end of the current fiscal. Speaking with indoasiancommodities, Sunoor Kaul, Co-Founder & Director of the firm said the company is all set to unveil a dedicated e-auction and […]
The world is entering a “long-lasting bull market” for commodities, with even oil set to benefit as recent underinvestment, dollar weakness, government spending and the energy transition boost demand across the board, Goldman Sachs’ global head of commodities research, Jeffrey Currie, said. Speaking at an FT Live event, Currie said “every single commodity market with […]
While metal and agricultural commodities have recouped their losses from the COVID-19 pandemic and are expected to make modest gains in 2021, energy prices, despite some recovery, are expected to stabilize below pre-pandemic levels next year, the World Bank said. Oil prices fell dramatically in the early stages of COVID-19 and have only partially regained […]
JPMorgan Chase & Co has agreed to pay more than $920 million and admitted to wrongdoing to settle federal U.S. market manipulation probes into its trading of metals futures and Treasury securities, according to the U.S. authorities, and as reported by Reuters. The landmark multi-agency settlement lifts a regulatory shadow that has hung over the […]
The next phase of the economic recovery is likely to be driven by commodity-intensive infrastructure investment, analysts have told CNBC, potentially setting the stage for further gains across the industrial space in the coming months. The prediction comes at a time when market participants are closely monitoring the strength of the global economic recovery, as […]
Agritech startups in India are innovating and making multiple changes to their processes to maintain connections with farmers, during the pandemic crisis. The startups, which have been working on helping farmers improve productivity, are helping farmers with access to raw materials and farming equipment. Some of them are also streamlining supply chain for better demand […]
