Category: Business
Commodity Corner: Crude oil surges over 2% on Strait of Hormuz tensions
Silver slipped 0.3% to $57.50 an ounce, platinum edged lower, while palladium traded higher.
Read Full Brokerages Cheer Grasim’s Rs 17,200 Crore Renewable Bet; One Risk Remains
Grasim Industries is acquiring Shell-backed Sprng Energy for Rs 17,200 crore, nearly doubling its renewable energy portfolio. Here's what Morgan...
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The most-traded SHFE tin contract pulled back after a modest rally in the night session, with overall thin trading in the spot market [SMM Tin Morning News]
[SMM Tin Morning Update: The most-traded SHFE tin contract saw a slight surge and then pulled back during the night...
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Macro Risks Combined with Weak Fundamentals, Lead Prices Expected to Consolidate on a Weak Note [SMM Lead Morning Meeting Minutes]
[SMM Lead Morning Brief: Macro Risks and Weak Fundamentals to Keep Lead Prices Consolidating on a Weak Note] Recently, geopolitical...
Read Full High Uncertainty in the Middle East: LME Lead Ends Four-Day Winning Streak [SMM Lead Morning Update]
[SMM Lead Morning News: High uncertainty in the Middle East situation, LME lead ends four-day winning streak] SMM, July 14...
Read Full US Fed Governor Waller’s hawkish remarks, coupled with escalating geopolitical conflicts, pushed LME copper down slightly overnight, while SHFE copper ended higher [SMM Copper Morning Briefing]
SMM Morning Meeting Minutes: Overnight, LME copper opened at $13,445/mt, drifted higher in early trading to touch a high of...
Read Full US Fed Rate Hike Expectations Persist, Geopolitical Premium Boost the Resilience of Aluminum Price Bottom [SMM Aluminum Morning Meeting Minutes]
[Expectations for US Fed Interest Rate Hikes Persist, Geopolitical Premiums Underpin Aluminum Prices' Bottom Resilience] According to comprehensive forecasts, aluminum...
Read Full India’s exports to West Asia evens out in June
New Delhi, July 13: India’s exports to the West Asian region have “evened out” in June, as it has recorded...
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