Commodity News Update
arrow Subdued demand, sufficient stocks weigh on cotton price despite lower output forecast
  Ritesh Kumar Sahu Going forward, decline in cotton price may be limited due to government support price
arrow Soybean prices to trade sideways to higher: Angel Commodities
  Soybean prices to trade sideways to higher: Angel Commodities According to Angel Commodities, NCDEX Mar Soybean futures edged higher on fresh buying and tracking firm demand in spot market.
arrow Gold steady near 10-month high; palladium hits record level
  Gold steady near 10-month high; palladium hits record level Spot gold was little changed at $1,326.10 per ounce as of 0048 GMT, after touching a 10-month high of $1,327.64 an ounce in the previous session.
arrow Brent oil eases from 2019 highs as markets await trade talks outcome
  Brent oil eases from 2019 highs as markets await trade talks outcome International Brent crude oil futures were at $66.08 per barrel at 0220 GMT, down 42 cents, or 0.6 percent from their last close, but still not far off the 2019 high of $66.83 a barrel hit in the previous session.
arrow Commodities@Moneycontrol | Roundup of key happenings in the commodity market
  Commodities@Moneycontrol | Roundup of key happenings in the commodity market Watch the video for a roundup of key happenings in the commodities market.
arrow SEBI may allow mutual funds PMS in commodities at March board meet; indices too on cards
  SEBI may allow mutual funds  PMS in commodities at March board meet; indices too on cards SEBI may also give its consent to indices in the commodities market
arrow Gold at two-week high on trade deal hopes; palladium peaks
  Gold at two-week high on trade deal hopes; palladium peaks Spot gold had gained 0.3 percent to $1,324.80 per ounce by 0324 GMT, just below a 9-month peak of $1,326.30 an ounce marked on Jan. 31.
arrow Oil hits three-month high on OPEC cuts, US sanctions on Iran, Venezuela
  Oil hits three-month high on OPEC cuts, US sanctions on Iran, Venezuela U.S. West Texas Intermediate (WTI) crude oil futures pushed through $56 per barrel for the first time this year, hitting $56.13 a barrel before edging back to $56.02 a barrel by 0112 GMT, still up 0.8 percent from their last settlement.
arrow Copper prices to trade firm on higher deficit
  Copper prices to trade firm on higher deficit Higher copper imports in China and lower mine supply from Indonesia are expected to provide support to prices in 2019.
arrow Oil rises over 2% to 2019 highs on tightening supplies
  Oil rises over 2% to 2019 highs on tightening supplies Leading OPEC producer Saudi Arabia said on February 12 it would cut an additional half a million bpd in March more than it previously pledged.
arrow Oil rises over 2% to 2019 highs on tightening supplies
  Oil rises over 2% to 2019 highs on tightening supplies Leading OPEC producer Saudi Arabia said on February 12 it would cut an additional half a million bpd in March more than it previously pledged.
arrow Gold range bound as dollar caps gains; investors eye trade talks
  Gold range bound as dollar caps gains; investors eye trade talks Investors are also awaiting further developments from ongoing U.S.-China trade talks before making any big moves.
arrow Oil prices hit 2019 highs amid OPEC-led supply cuts
  Oil prices hit 2019 highs amid OPEC-led supply cuts Brent pushed above $65 per barrel for the first time in 2019, before edging back to $64.91 a barrel by 0143 GMT. That was still 0.5 percent above the last close.
arrow Price outlook bearish for many rabi crops ahead of harvesting: Anand Rathi
  Ravindra Rao Meanwhile, the weather will still have a critical role to play as standing crops may not bear heavy rains and obstruct harvesting.
arrow Oil prices edge up on hopes for US-China trade breakthrough
  Oil prices edge up on hopes for US-China trade breakthrough U.S. West Texas Intermediate (WTI) crude futures were at $53.76 per barrel at 2338 GMT, up 10 cents, or 0.2 percent, from their last settlement. They closed up 1.5 percent on Wednesday, having touched their highest since Feb. 5 at $54.60 a barrel.