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Latest Commodities News, Commodities Market News, News Commodities India – The Economic Times

Latest Commodities News, Commodities Market News, News Commodities India – The Economic Times

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ET Markets

16 May, 2020, 01:41 PM IST

Stock Analysis, IPO, Mutual Funds, Bonds & More

    Growing risk of liquidation of gold in India: Chris Wood

    May 16, 2020, 10:00 AM IST

    Warns of distressed selling of metal due to lockdown-triggered collapse in eco growth

    Gold scales 1-month peak as US-China friction fuels economic woes

    May 15, 2020, 09:54 PM IST

    U.S. gold futures were 0.8% higher at $1,754.

    Crude oil prices back at early April highs as demand shows signs of picking up

    May 15, 2020, 04:06 PM IST

    West Texas Intermediate (WTI) oil was up 65 cents, or 2.36 per cent, at $28.21 a barrel.

    Palm oil prices up over 2% as Malaysia slashes export duty, set for weekly gain

    May 15, 2020, 01:50 PM IST

    The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange gained 48 ringgit, or 2.36 per cent, to 2,079 ringgit ($478.70) per tonne by the midday break.

    Commodity outlook: Zinc falls; here's how others may fare

    May 15, 2020, 11:53 AM IST

    Here is how SMC Global expects commodities to fare today.

    Gold rate jumps as US-China tensions escalate

    May 15, 2020, 06:47 PM IST

    Spot gold markets remained shut due to lockdown in the country to check the spread of Covid-19, according to HDFC Securities.

    NCDEX’s Agri Index to trade by month end

    May 15, 2020, 08:43 AM IST

    Three concurrent contracts will be available for trading. They would expire on the last trading day of June , July and August, said a senior NCDEX official, confirming the development.

    Gold rises on stimulus optimism, renewed US-China tensions

    May 15, 2020, 07:50 AM IST

    Gold tends to benefit from widespread stimulus measures as it is often seen as a hedge against inflation and currency debasement.

    Oil mixed as coronavirus risks offset hopes that crude stockpiles will shrink

    May 15, 2020, 07:46 AM IST

    Brent crude was up 1 cent at $31.13 a barrel by 0115 GMT, after rising nearly 7US on Thursday. The global benchmark is roughly flat on the week after rising for the previous two weeks

    IEA still sees record 2020 oil demand fall but easing lockdowns helping

    May 14, 2020, 09:57 PM IST

    Demand is expected to fall by 8.6 million bpd, the IEA said in its monthly report.

    Saudi Aramco cuts June crude allocation to some Asian buyers: Sources

    May 14, 2020, 07:12 PM IST

    The cuts were made against volumes that the buyers had nominated for June-loading supplies.

    Higher risk, uncertainty to support gold investment demand in 2020: WGC

    May 14, 2020, 07:06 PM IST

    In the international market, gold has risen over 12 per cent so far this year.

    Gold prices jump to 3-week high as recession, trade risks mount

    May 14, 2020, 09:46 PM IST

    US gold futures gained 1.3 per cent to $1,738.90.

    Crude oil prices rise on dip in US crude stockpiles & IEA data

    May 14, 2020, 09:49 PM IST

    US West Texas Intermediate (WTI) crude futures rose 81 cents, or 3.2 per cent, to $26.10 a barrel.

    Commodity outlook: Gold gains; here's how others may fare

    May 14, 2020, 10:42 AM IST

    Here is how SMC Global expects commodities to fare today.

    Gold rate rises as US Fed's comments spur safe haven demand

    May 14, 2020, 06:22 PM IST

    Globally, gold rose slightly as US stimulus talks and Federal Reserve Chair Jerome Powell’s downbeat economic assessments supported the safe-haven metal.

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    Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service

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    Source: economictimes.indiatimes.com


    Automotive Industry News :: Motor trader

    Automotive Industry News :: Motor trader

    The IMI has joined other automotive trader bodies to provide the Aftermarket sector with insight into best practice for COVID-19 protective measures. It has collaborated with the Garage Equipment Association (GEA), Independent Automotive Aftermarket Federation (IAAF), Scottish Motor Trade Association (SMTA) and the Society of Motor Manufacturers and Traders (SMMT). The new guidance, which is available from all the organisations involved …

    Robins & Day plans to reopened all of its 45 UK-based aftersales sites, with strict health and safety protocols in place to protect customers and employees. Showrooms will remain closed until further notice. Following government guidelines which ruled car repairs and MOTs as ‘essential services’ during the COVID-19 lockdown, Robins & Day had kept its five UK Parts Hubs open throughout April and …

    The used car market is showing signs of recovery as data volumes increased by 70% in the week commencing 4 May compared to two-weeks earlier. According to cap hpi, between 24 March and 10 May, no values were moved, but now that cars are selling in more volume, values need to be adjusted to reflect sold prices and allow the …

    Aston Barclay has announced a weekly digital auction sale programme, extending its current online sales schedule. Its new strategy is based on the results of a major buyer survey following Boris Johnson’s updated lockdown address on 10 May, which predicts a healthy demand for used cars once dealers get back to work full time. 52% of buyers said they are …

    Ford is to restart production at its Dagenham Engine Plant in Essex and Bridgend Engine Plant in South Wales from 18 May. The company has introduced new standards on social distancing and employee health and safety actions, which exceed the UK Government’s current guidance. Anyone entering a Ford facility to use a company-provided face mask, and a face shield in …

    Volkswagen Group UK is aiming to build post lockdown sales with new finance packages for the Seat and Skoda brands. When a customer finances a brand new model on Solutions Personal Contract Plan (PCP) via SEAT Financial Services, SEAT will pay between £1,000 and £3,000 deposit contribution, along with a three month payment break, at 5.9% APR. It is also …

    CD Auction is re-starting sales across its operations CD Salvage Auction is holding a sale this week with an ongoing regular programme of weekly sales now in place. It will be holding a car sale on Friday 15 May marketing vehicles that were due to be offered before lockdown. I Its regular program of weekly sales will commence on week …

    Dealers are calling for more support from the government to get them through the pandemic crisis. The majority of dealers want more grants and loans from the government, with 61% saying this would aid recovery, according to a dealer survey carried out by Close Brothers Motor Finance. Half of dealers, 53%, would like to see more support for carmakers and …

    Dealers will be able to run Click and Collect services during lockdown. Car showrooms have been listed by Government as retailers that must, currently, remain shut, but are able to run Click and Collect service. Customers must not enter the showroom itself. The confirmation was made by the Department for Business, Energy & Industrial Strategy (BEIS) on the gov.uk website. The …

    Dealers across the country are beginning to unfurlough staff in preparation for a return to business. Amont them is Simon Bailes Peugeot, which is gearing up to deal with a rising number of telephone and online enquiries for new and used vehicles. The business, with dealerships in Northallerton, Stockton and Guisborough,  has the necessary procedures in place so that it …

    Source: www.motortrader.com


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