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Commodity prices


The price of gold yesterday plunged 0.05% on the Multi Commodity Exchange (MCX). The December 2021 MCX gold futures contract closed at ??46,500 per 10 g, ??21 below its closing price on Thursday. The price of the yellow metal in September corrected about 4 percent while in August it fell about 2.1 percent on the …

Royal Dutch Shell operates a plant in Qatar, known as Pearl GTL, which transforms natural gas into liquid fuels. Stuart W. Conway / Shell International Limited Text size Natural gas has long been the poor cousin of oil, a commodity many ignore until they have to pay their heating bills. From now on, natural gas …

Prospects of rising commodity prices, volatile energy markets and unreliable supply chains portend a tough turn for Canadian carmakers in the future, warned commodities expert Francisco Blanch, warned delegates tuned in to the recently held CanaData virtual conference. Blanch, head of global commodities at Bank of America Merrill Lynch, was introduced and interviewed by ConstructConnect …

October 2, 2021 TIT WORLD slot car racing championships are a microcosm of chaos. Tiny models of remote control cars ascend, descend and exit a complicated circuit faster than bewildered spectators can follow. It is impossible to predict the winners. This year’s race, which was scheduled to take place in America, has been canceled due …

S Terling continues to trade at its lowest level since December after stagflation fears triggered by the recent surge in energy prices helped accelerate the flight to the US dollar. The pound is now at 1.34 against the greenback, with the US currency increasingly seen as a safe haven for investors worried about recent economic …

After years in the niche, commodity markets are very hot again. The copper, lithium, tin, nickel, iron-ore, prices for manganese, corn, coffee and lumber have all reached historic highs. Meanwhile, those of aluminum, molybdenum, petroleum, natural gas and even the world’s least popular commodity, coal, are trading at multi-year highs. Commodity markets tend to be …

By Dave Sébastien Worthington Industries Inc. increased sales for the three months ended Aug. 31 as it recorded higher average direct selling prices in steel processing. On sale: “Net sales for the first quarter of fiscal 2022 were $ 1.1 billion compared to $ 702.9 million, an increase of 58% over the comparable quarter of …

US stocks fell on Tuesday, posting their biggest pullback since May, as rising bond yields deepened the rout in tech company stocks. For much of the past decade, many investors have invested in stocks of fast-growing technology companies, betting they would generate relatively robust earnings growth, even in a sluggish economic environment. This week, this …

(Add analyst comment, update prices, add LONDON date) LONDON, Sept.28 (Reuters) – Copper prices fell on Tuesday amid a stronger dollar and concerns about the impact of power cuts on major metal consumers in China, where the economy is s ‘is already weakened. Three-month copper on the London Metal Exchange fell 0.9% to $ 9,274 …

Climate change policy and energy transition continued to dominate the attention of the energy sector and policymakers as we entered the final days of the third quarter of 2021. At the regulatory level, the pause on federal leasing Oil and gas continued to be a problem even after federal district court ordered it to end. …