US Soybean Exports to Chinese Buyers under PressureCommodities

US Soybean Exports to Chinese Buyers under Pressure

Chinese importers of US soybean are reportedly considering canceling their orders for December and January shipments. The consideration came after…

Gold Receives All Painful Blows from Vaccine, Biden NewsCommodities

Gold Receives All Painful Blows from Vaccine, Biden News

The metal commodities are in another labyrinth ignited by optimism on vaccine development combined with the smoother-than-expected transition to Biden…

Oil Price Gets Support from Vaccine UpdatesCommodities

Oil Price Gets Support from Vaccine Updates

Oil price finally gets the necessary support from vaccine news. Earlier, AstraZeneca with its partner Oxford University announced the 90%…

Goldman Sachs Lifts Forecast on GoldCommodities

Goldman Sachs Lifts Forecast on Gold

In the latest report released by Goldman Sachs, the investment giant lifted the price forecast of gold to the $2,300…

Oil Price Climbs, Various Events Provide SupportCommodities

Oil Price Climbs, Various Events Provide Support

Oil price finds asylum from the optimistic vaccine news released by Pfizer and partner BioNTech earlier. The pharmaceutical company says…

Barley: In Times of China-Australia TensionCommodities

Barley: In Times of China-Australia Tension

Farmers are starting to harvest crops for the year. Due to this, China has imposed heavy tariffs on some of…

Copper, Nickel in Spotlight with Chinese Imports and VaccineCommodities

Copper, Nickel in Spotlight with Chinese Imports and Vaccine

The pandemic-stricken year undoubtedly pulled base metals from the pedestal. Copper and nickel prices are on a steady high. This…

Hopes for OPEC+’s Supply Curb Supports CrudeCommodities

Hopes for OPEC+’s Supply Curb Supports Crude

Oil regains losses incurred last week as hopes arise on the possibility of OPEC+’s decision to hold current output curbs.…

Demand for American Grains Surge, Corn LeadsCommodities

Demand for American Grains Surge, Corn Leads

With China’s impressive economic rebound, demand for grains is at a steady high in the past weeks.  Analysts expect that…

Gold Takes a Step Back, Worst Trading Day Since AugustCommodities

Gold Takes a Step Back, Worst Trading Day Since August

Gold outshined by Phizer and partner BioNTech’s significant advance towards the long-awaited Covid 19 vaccine. Along with the news, investor…