< - Thu, 17 May 2012 23:52:31 +0000: Commodity Prices — May 17th 2012 - Commodity Blog
Latest commodity prices (ICE, NYMEX, CME) as of 23:51 GMT: Oil (Brent) — $106.80 per barrel. Gold — $1,574.80 per troy ounce. Silver — $27.95 per troy ounce. Palladium — $602.15 per troy ounce. Copper — $346.60 per 100 pounds. Cocoa — $2,230.00 per metric ton. Sugar — $20.84 per 100 pounds. Corn — $623.00 per 100 [...] - Thu, 17 May 2012 00:55:40 +0000: Gold & Silver Suffer from Europe’s Crisis, Dry Weather Boost Wheat Prices - Commodity Blog
Gold and silver erased this year’s gains as the credit crisis in Europe continue to weaken demand for raw materials. Talks about Greece exiting the euro-union are becoming more and more serious and some analysts even speculate about collapse of the eurozone. Traders seek a safe haven amid uncertainty and economic turmoil, but it looks like the dollar took the role of refuge that was traditionally attributed to precious metals. Gold was [...] - Wed, 16 May 2012 22:00:56 +0000: Commodity Prices — May 16th 2012 - Commodity Blog
Latest commodity prices (ICE, NYMEX, CME) as of 21:59 GMT: Oil (Brent) — $111.65 per barrel. Gold — $1,535.80 per troy ounce. Silver — $27.04 per troy ounce. Palladium — $591.90 per troy ounce. Copper — $347.50 per 100 pounds. Cocoa — $2,279.00 per metric ton. Sugar — $20.85 per 100 pounds. Corn — $619.25 per 100 [...] - Tue, 15 May 2012 21:22:54 +0000: Wheat Prices Benefit from Weather, Oil & Rubber Slip on Greece - Commodity Blog
Wheat posted the biggest gain in more than two weeks as adverse weather in the United States threatens to curb output. The US Department of Agriculture estimated that 52 percent of crops were in good or excellent condition as of May 13 the Kansas, the biggest US grower, down from 60 percent in the week before. Dry weather in parts of Russia and Ukraine is expected to further reduce supply of the grain. Wheat climbed from $5.9525 to $6.0700 [...] - Tue, 15 May 2012 20:00:49 +0000: Commodity Prices — May 15th 2012 - Commodity Blog
Latest commodity prices (ICE, NYMEX, CME) as of 19:59 GMT: Oil (Brent) — $111.72 per barrel. Gold — $1,556.80 per troy ounce. Silver — $27.81 per troy ounce. Palladium — $594.65 per troy ounce. Copper — $349.45 per 100 pounds. Cocoa — $2,259.00 per metric ton. Sugar — $20.39 per 100 pounds. Corn — $597.50 per 100 [...] - Mon, 14 May 2012 21:27:27 +0000: Commodities Fall on Greece, Gold Erases Year’s Gains - Commodity Blog
Commodities continue to be beaten by the crisis in Europe. Oil extended its decline and gold erased this year’s gains as the dollar strengthened on the European problems, pushing commodity prices down. Greece is still unable to form a coalition government and talks about the country leaving the eurozone are becoming more serious as European politicians consider such outcome as a reality perhaps for the first time. Crude oil has its own bearish story [...] - Mon, 14 May 2012 20:31:33 +0000: Commodity Prices — May 14th 2012 - Commodity Blog
Latest commodity prices (ICE, NYMEX, CME) as of 20:30 GMT: Oil (Brent) — $111.06 per barrel. Gold — $1,561.90 per troy ounce. Silver — $28.17 per troy ounce. Palladium — $590.55 per troy ounce. Platinum — $1,443.60 per troy ounce. Copper — $351.85 per 100 pounds. Cocoa — $2,241.00 per metric ton. Sugar — $20.27 per 100 [...] - Sun, 13 May 2012 18:52:10 +0000: Video: Gold, Silver, Oil Technical Analysis for Week of May 14 - Commodity Blog
These three short videos show what analysts expect of the week starting May 14 for gold, silver and oil. All of the commodities demonstrated bearish trends and the videos show potential downside targets in case the trends would persist. Additionally, the conditions under which the bearishness may be broken are also discussed. (...)Read the rest of Video: Gold, Silver, Oil Technical Analysis for Week of May 14 [...] - Sat, 12 May 2012 14:27:07 +0000: Technical Analysis, May 14th — May 18th, 2012 - Commodity Blog
The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of May 12th, 2012: Indicators Moving Averages RSI Parabolic SAR CCI Oil Short Oversold Short Neutral Gold Short Neutral Short Short Silver Short Oversold Short Short Copper Short Neutral Short Short Floor Pivot Points 3rd Sup 2nd Sup 1st [...] - Fri, 11 May 2012 21:29:26 +0000: Gold Almost Erases This Year’s Gains, Cotton at 21-Month Low - Commodity Blog
Gold traded close to the lowest level this year before rising a little. The precious metal gives little hopes to bulls as problems in Europe make the dollar stronger, subduing commodity prices. The United States also causes some concern, even though it is in far better shape than the debt-ridden European Union. The US Producer Price Index fell 0.2 percent today, even though forecasters promised it to stay [...]
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- Thu, 17 May 2012 23:52:31 +0000: Commodity Prices — May 17th 2012 - Commodity Blog
Latest commodity prices (ICE, NYMEX, CME) as of 23:51 GMT: Oil (Brent) — $106.80 per barrel. Gold — $1,574.80 per troy ounce. Silver — $27.95 per troy ounce. Palladium — $602.15 per troy ounce. Copper — $346.60 per 100 pounds. Cocoa — $2,230.00 per metric ton. Sugar — $20.84 per 100 pounds. Corn — $623.00 per 100 [...] - Thu, 17 May 2012 00:55:40 +0000: Gold & Silver Suffer from Europe’s Crisis, Dry Weather Boost Wheat Prices - Commodity Blog
Gold and silver erased this year’s gains as the credit crisis in Europe continue to weaken demand for raw materials. Talks about Greece exiting the euro-union are becoming more and more serious and some analysts even speculate about collapse of the eurozone. Traders seek a safe haven amid uncertainty and economic turmoil, but it looks like the dollar took the role of refuge that was traditionally attributed to precious metals. Gold was [...] - Wed, 16 May 2012 22:00:56 +0000: Commodity Prices — May 16th 2012 - Commodity Blog
Latest commodity prices (ICE, NYMEX, CME) as of 21:59 GMT: Oil (Brent) — $111.65 per barrel. Gold — $1,535.80 per troy ounce. Silver — $27.04 per troy ounce. Palladium — $591.90 per troy ounce. Copper — $347.50 per 100 pounds. Cocoa — $2,279.00 per metric ton. Sugar — $20.85 per 100 pounds. Corn — $619.25 per 100 [...] - Tue, 15 May 2012 21:22:54 +0000: Wheat Prices Benefit from Weather, Oil & Rubber Slip on Greece - Commodity Blog
Wheat posted the biggest gain in more than two weeks as adverse weather in the United States threatens to curb output. The US Department of Agriculture estimated that 52 percent of crops were in good or excellent condition as of May 13 the Kansas, the biggest US grower, down from 60 percent in the week before. Dry weather in parts of Russia and Ukraine is expected to further reduce supply of the grain. Wheat climbed from $5.9525 to $6.0700 [...] - Tue, 15 May 2012 20:00:49 +0000: Commodity Prices — May 15th 2012 - Commodity Blog
Latest commodity prices (ICE, NYMEX, CME) as of 19:59 GMT: Oil (Brent) — $111.72 per barrel. Gold — $1,556.80 per troy ounce. Silver — $27.81 per troy ounce. Palladium — $594.65 per troy ounce. Copper — $349.45 per 100 pounds. Cocoa — $2,259.00 per metric ton. Sugar — $20.39 per 100 pounds. Corn — $597.50 per 100 [...] - Mon, 14 May 2012 21:27:27 +0000: Commodities Fall on Greece, Gold Erases Year’s Gains - Commodity Blog
Commodities continue to be beaten by the crisis in Europe. Oil extended its decline and gold erased this year’s gains as the dollar strengthened on the European problems, pushing commodity prices down. Greece is still unable to form a coalition government and talks about the country leaving the eurozone are becoming more serious as European politicians consider such outcome as a reality perhaps for the first time. Crude oil has its own bearish story [...] - Mon, 14 May 2012 20:31:33 +0000: Commodity Prices — May 14th 2012 - Commodity Blog
Latest commodity prices (ICE, NYMEX, CME) as of 20:30 GMT: Oil (Brent) — $111.06 per barrel. Gold — $1,561.90 per troy ounce. Silver — $28.17 per troy ounce. Palladium — $590.55 per troy ounce. Platinum — $1,443.60 per troy ounce. Copper — $351.85 per 100 pounds. Cocoa — $2,241.00 per metric ton. Sugar — $20.27 per 100 [...] - Sun, 13 May 2012 18:52:10 +0000: Video: Gold, Silver, Oil Technical Analysis for Week of May 14 - Commodity Blog
These three short videos show what analysts expect of the week starting May 14 for gold, silver and oil. All of the commodities demonstrated bearish trends and the videos show potential downside targets in case the trends would persist. Additionally, the conditions under which the bearishness may be broken are also discussed. (...)Read the rest of Video: Gold, Silver, Oil Technical Analysis for Week of May 14 [...] - Sat, 12 May 2012 14:27:07 +0000: Technical Analysis, May 14th — May 18th, 2012 - Commodity Blog
The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of May 12th, 2012: Indicators Moving Averages RSI Parabolic SAR CCI Oil Short Oversold Short Neutral Gold Short Neutral Short Short Silver Short Oversold Short Short Copper Short Neutral Short Short Floor Pivot Points 3rd Sup 2nd Sup 1st [...] - Fri, 11 May 2012 21:29:26 +0000: Gold Almost Erases This Year’s Gains, Cotton at 21-Month Low - Commodity Blog
Gold traded close to the lowest level this year before rising a little. The precious metal gives little hopes to bulls as problems in Europe make the dollar stronger, subduing commodity prices. The United States also causes some concern, even though it is in far better shape than the debt-ridden European Union. The US Producer Price Index fell 0.2 percent today, even though forecasters promised it to stay [...]
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- Fri, 18 May 2012 00:47:00 +0000: US aluminum billet premiums strike one-year high - Base metals
US aluminum billet premiums reached a one-year high this week as producers and traders reported tight supply amid growing demand and continued outages. - Fri, 18 May 2012 00:45:00 +0000: Alcoa breaks ground on $90M Indiana expansion - Base metals
Alcoa Inc. has broken ground on a $90-million expansion at its Lafayette, Ind., facility, which is expected to boost the company’s production of aluminum-lithium alloys for the aerospace sector. - Fri, 18 May 2012 00:22:00 +0000: US mining engineering facing big hurdles - Base metals
Funding and a lack of qualified teachers are the biggest obstacles to keeping the US mining engineering industry alive, the head of the University of Arizona’s Department of Mining and Geological Engineering told AMM Wednesday in an interview ahead of the Copper Club’s annual dinner in Phoenix. - Fri, 18 May 2012 00:10:00 +0000: CaNickel idles Bucko Lake mill on falling prices - Base metals
Canadian junior nickel miner CaNickel Mining Ltd. has temporarily suspended mill operations at its Bucko Lake Mine in Manitoba due to low nickel prices. - Thu, 17 May 2012 17:45:00 +0000: Tin use outside China down in 2011 - Base metals
Tin use globally, excluding China, is estimated to have fallen by about 3% in 2011, according to figures released by the International Tin Research Institute (ITRI). - Thu, 17 May 2012 17:35:00 +0000: CLOSE TO CLOSE: Base metals prices mixed in LME kerb - Base metals
Base metals prices were mixed in Thursday’s kerb trading on the London Metal Exchange after spending the day in tight ranges tracking the fluctuating euro. - Thu, 17 May 2012 15:20:00 +0000: MEIR ON METALS: Markets adrift as Greek elections loom, Spanish rates push higher - Base metals
Analyst Ed Meir looks at what is moving the metal markets on Thursday May 17. - Thu, 17 May 2012 15:18:00 +0000: LME revenues up; profits dip on higher running costs - Base metals
The London Metal Exchange achieved pre-tax profits of £11.38 million ($18.15 million) in 2011, down 8.7% as the company saw expenses jump by nearly a third due to higher operational costs. - Thu, 17 May 2012 15:11:00 +0000: BHP Billiton may slow spending on its Olympic Dam project — analysts - Base metals
BHP Billiton has a ready capacity to sequence spending on its Olympic Dam open pit copper-uranium project in South Australia, analysts said. - Thu, 17 May 2012 15:00:00 +0000: HOTLINE: Safety council rescinds Vedanta award again - Base metals
The British Security Council (BSC) has suspended a safety award that it granted to a Vedanta Resources subsidiary after it was made aware of a fatality at the company’s operations – the second time in as many years that the BSC has taken back an award from the diversified miner.
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- Thu, 17 May 2012 00:00:00 +0000: India's Basmati Rice exports to face tough competition form Philippines by 2013 - Commodity Online News
India's basmati rice exports likely to face tough competition from Philippine variety as the country plans to boost the premium rice variety to starts exports after 2013. - Thu, 17 May 2012 00:00:00 +0000: Strong export demand pushes Soybean future in CBOT up - Commodity Online News
On the back of strong export demand amid restricted to selling by the farmers, the soybean futures in Chicago Board of Trade (CBOT) surged on Thursday. - Thu, 17 May 2012 00:00:00 +0000: Corn futures in CBOT NCDEX surges on higher US exports poultry demand - Commodity Online News
Corn (Maize) futures rose in Chicago Board of Trade (CBOT) as well as in India's National Commodity and Derivative Exchange (NCDEX) on the back of increased exports exports of the commodity to China by the US and rising demand from the poultry industry. - Thu, 17 May 2012 00:00:00 +0000: Global Indian Spain Iran refined copper production rises in Q1: WBMS - Commodity Online News
Global refined copper production rose by 3% year-on-year to 4.95 million tons in the first quarter (Q1) of this year with significant increase in Spain, Iran and India, as per latest data released by World Bureau of Metal Statistics (WBMS). - Thu, 17 May 2012 00:00:00 +0000: Bahrain Oil production to double to 100 000 bpd in 5 years - Commodity Online News
Bahrain oil production is expected to double to 100,000 barrels a day (bpd) from the current 50,000 bpd within five years, said Abdul-Hussain Ali Mirza, Bahrain and rsquo;s energy minister. - Thu, 17 May 2012 00:00:00 +0000: India Cotton price down on lower China imports weak domestic demand - Commodity Online News
Cotton prices in India's National Commodity and Derivatives Exchange (NCDEX) dropped on Thursday due to higher production amid lower demand from domestic textile firms and slowed exports to China. - Thu, 17 May 2012 00:00:00 +0000: Wheat futures up in NCDEX on higher exports prospects - Commodity Online News
On the back of the reports that India plans to allow around 10 million tons of wheat for exports to accommodate the present paddy harvest, the commodity futures in India's National Commodity and Derivatives Exchange (NCDEX) surges higher. - Thu, 17 May 2012 00:00:00 +0000: India gold silver futures trade volume dips 35% base metals rise 36% in April - Commodity Online News
Trade volume in gold and silver futures fell 35% in April to Rs 53464.13 crore on a year-on-year basis while base metals gained 36% at Rs 267842.26 cr, according to data from market regulator, Forward Markets Commission (FMC) - Thu, 17 May 2012 00:00:00 +0000: Global Coffee demand rose by 2% in 2011 12 - Commodity Online News
With the increasing users of coffee, mainly in the emerging markets- especially in Asia and South America- the global demand for the commodity has rose by 2% in 2011-12. - Thu, 17 May 2012 00:00:00 +0000: Selling in Gold largely coming from speculators: Commerzbank - Commodity Online News
The continuing slide in gold appears to be the result of selling by short term speculators, said Commerzbank, the second-largest bank in Germany, after Deutsche Bank.
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