Commodity update

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21/02/2013

China’s stocks fell, sending the benchmark index to its biggest loss in five months, after the government told local authorities to curb real estate speculation and commodity prices tumbled.

01/02/2013

Oil headed for the longest run of weekly gains in more than eight years in New York before a report that may show the U.S. added jobs last month, signaling an economic recovery in the world’s biggest crude consumer.

21/01/2013

Finance ministry official says import duty on gold increased to 6 pct immediately from 4 pct.

21/01/2013

The U.K.’s financial industry will lose 43,000 jobs in six months, according to a forecast from the Confederation of British Industry, as companies shrink and reduce costs.

16/01/2013

Oil traded near the lowest level in almost a week in New York after U.S. crude stockpiles increased and a gauge of New York-area manufacturing contracted for a sixth consecutive month.

11/01/2013

Oil traded near the highest level in almost four months, extending the longest weekly winning streak since August, as Saudi Arabia cut its oil output and investors speculated an economic recovery will boost fuel demand.

11/01/2013

The trade deficit in the U.S. probably shrank in November as lower fuel costs curbed imports and exports rebounded, economists said before a report today.

11/01/2013

China’s stocks fell the most among Asian markets after a report showing inflation accelerated more than forecast, limiting room for monetary easing to support an economic recovery.

26/12/2012

The record glut in aluminum will be no bar to rising prices because of delays in getting metal from warehouses, even as Barclays Plc advises investors to sell and Morgan Stanley says it has the worst outlook of any commodity.

20/12/2012

Copper declined to the lowest level in almost three weeks amid concerns that budget negotiations deteriorated in the U.S.

27/11/2012

Oil fell for a second day as U.S. crude inventories were forecast to increase and on concern that a deal for Greece to buy back its bonds may falter.

27/11/2012

Iran may base its budget for the next fiscal year on anticipated exports of 1 million barrels a day of oil, half that shipped in 2011, Fars news agency reported, citing the head of the parliament’s economic committee.

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