commodities

Prices rise to their highest in nine months on worries about dry weather in Russia, Ukraine, Kazakhstan, as well as Kansas, the top US producer

The Anglo American saga, which will be in focus once again this week, has also cast light on the transformation of the Chilean company

UN atomic agency president Yukiya Amano reports preliminary discussions were upbeat, before full discussions open on Wednesday

Customer delays and defaults on shipments have led to prices for the commodities dropping 12% since start of April, boding ill for blue-chip miners

Country unable to pay for oil imports from Iran following an order from a US District Court and is searching for an alternative system of payment

Javier Blas plots reaction among Singapore’s traders, as worried about the economic outlook as European counterparts, to Beijing’s stuttering growth

China and rsquo;s crude steel production grew 2.6% to 60.6 Mt compared to April 2011. Elsewhere in Asia, Japan produced 9.1 Mt of crude steel in April, up by 7.6% compared to the same month last year. South Korea and rsquo;s crude steel production for April 2012 was 6.0 Mt, an increase of 2.1% compared to April 2011.

London Metal Exchange (LME) base metal prices gain on Friday after the losses in the previous session. Tin is the only metal showed a negative trend in LME.

China's appetite for both precious and base metals are changing, said Barclays Capital in a commodities briefing.

The G8 joint statment on oil sends a strong signal to markets that there will be extra supply if sanction with Iran lead to a surge in prices

The postponements and defaults of contracts are the clearest sign yet of the impact of the country’s economic slowdown on global commodities

Global Witness does not allege illegality on the part of Shell or ENI, but questioned Shell and ENI’S commitment to transparency

Brazil’s national oil company can barely move under the weight of grandiose expectations placed on its shoulders

Wednesday also saw DGCX Indian Rupee futures registering yet another daily volume record of 44,821 contracts on the back of increased trading in back-month contracts - contracts that have more than one month to expire and offer tighter spreads.

Below are the latest numbers on the current registrations with the National Futures Association (NFA).  A person or firm is required to register with the NFA in order to conduct business in the futures markets with the public. 

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On the back of supply shortage and high demand from the domestic market, India's pepper futures in National Commodity and Derivative Exchange (NCDEX) rose 2.44% during the last one week (11th May to 18th May 2012), While other spices dropped on lower demand.

There was a time when the stainless steel heavily depended on Nickel or Chromium for its resistance. Also, the market prices of nickel was proportional to that of stainless steel, as two thirds of the mined nickel went straight into stainless steel production. But the strong bond seems to be weakening since the quantity of nickel used in the production of steel was reduced.

Gold may have regained some of its safe-haven allure on Friday and rsquo;s sharp rally, which occurred as the dollar strengthened and risk assets weakened, said HSBC, British multinational bank, in a commodity research note.

The amount of gold and silver transferred between accounts of London Bullion Market Association (LBMA) members fell sharply in April.

Demand for the yellow metal is ebbing but the possibility of a Greek exit from the eurozone and weakening US economic data could reawaken interest