Commodity News

China’s Price Cuts to Reshape Chinese Economy

Key Points The Chinese Economy's slowdown and falling prices are anticipated to mitigate global inflation as Chinese exporters cut prices.…

3 months ago

OPEC+ Slashes Crude Output by 340k b/d January 24

Key Points January 2024 witnessed OPEC+ crude output fall by 340,000 barrels per day (b/d), the largest decline in six…

3 months ago

Gold Drops 0.1% to Rs 62,460, Silver Falls 0.28%

Key Points MCX Gold futures for April experienced a slight decline of 0.1%, closing at Rs 62,460 per 10 grams.…

3 months ago

Ag Economy Barometer Falls to 106 in January 2024

Key Points The Ag Economy Barometer dropped to 106, indicating a decrease in farmer sentiment. Lower commodity prices and farm…

3 months ago

From Oil Optimism to Base Metal Cautions

As of February 5, 2024, the commodities market is witnessing notable changes driven by global economic trends, investor sentiment, and…

3 months ago

Oil Prices Sway: Brent Crude Up 0.1% to $77.43

Key Points Brent crude futures see a slight increase, reaching $77.43 a barrel by 1420 GMT on February 5, 2024.…

3 months ago

Drop in Oil Prices Towards 77 Dollars

The global oil market has recently witnessed a significant shift as prices approach the $77 per barrel mark. This decline…

3 months ago

ICE Brent Dips Below $80 Amid Market Turbulence

Key Points Last week witnessed a 7.4% plunge in ICE Brent, dipping below US$80/barrel amidst a volatile oil market. Speculations…

3 months ago

Investment Demand in China Keeps the Price of Gold High

China's robust investment demand continues to significantly influence the global gold market, contributing to the sustained high prices of the…

4 months ago

Tracking Bangladesh Forex Reserves from 2021-2022

In August 2021, Bangladesh's foreign exchange (forex) reserves stood robust at $40.7 billion, embodying the nation's economic strength. As the…

4 months ago

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