Mahalakshmi@fastura.com

Improving demand from China has boosted Copper Rose

Copper prices rose 0.44% yesterday, finishing at 769.3, boosted by optimistic signs from China, the world’s largest purchaser of metal. This increase signals a potential resurgence in the sector, which has faced hurdles due to low demand in China’s industrial sector. Furthermore, the prospect of reduced supply as Chinese copper smelters consider cooperative output reduction…

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Gold prices surged to a record high of nearly $2,300 as a result of the earthquake in Taiwan reducing risk appetite

Following the terrible earthquake in Taiwan, demand for safe haven assets surged, and uncertainty surrounding U.S. interest rates further fueled demand for gold, which helped prices of the metal rise in Asian trade on Wednesday and stay close to record highs. An earthquake in Taiwan has damaged the island’s infrastructure and main chip production facilities,…

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Natural gas prices rose on increased demand forecasts over the next two weeks

Natural gas prices increased by 1.45%, finishing at 146.5, on higher demand expectations for the next two weeks. This increase in demand comes against a backdrop of reduced output, with some energy companies reducing drilling activity and delaying well completions, resulting in a 3% decline in output over the last month. In addition to supply-side…

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Cotton Drops As CAI Revises Production Estimates Up To 309.70 Lakh Bales

Cotton candy prices fell by 0.13% to 62000, owing to upward adjustments in production projections by important organizations such as the Cotton Association of India (CAI) and Cotton Corporation of India (CCI). CAI and CCPC upgraded their crop production forecasts for the current season, contributing to enhanced supply projections for natural fiber. Cotton Australia’s increased…

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