Milk prices in the world’s dairy powerhouse India have spiked 15%
India is facing an increase in milk prices on the back of higher feed costs, an increase in demand for
Read more
Commodity Markets
Europe may have averted an energy crisis for now but is ‘not out of the woods,’ says IEA chief
Fatih Birol, Executive Director of the International Energy Agency, speaks to CNBC's Martin Soong on the sidelines of the G-7
Read more
Turkey’s runoff presidential election further complicates the restart of a key oil pipeline
The restart of the Iraqi-Turkey pipeline faced further delays as Turkey’s presidential election failed on Monday to come up with
Read more
Oil’s sharp slide has surprised markets. But some traders now see a bottom for prices
The recent whipsaw of oil prices are bottoming out, analysts forecast, with a more significant pickup in subsequent quarters in
Read more
Central bank gold demand hits first-quarter record, investments surge on U.S. banking turmoil
Demand for gold among central banks notched a first-quarter record high in the three months to the end of March.
Read more
Sugar prices spike to 11-year high and could rise further due to extreme weather
Prices have been driven up by unseasonal rainfall in India, a poor European beat crop and summer drought conditions. Source
Read more
Global rice shortage is set to be the biggest in 20 years
Rice production for the marketing year ending July 2023 is set to log its largest production shortfall in two decades,
Read more
Goldman Sachs has added 3 stocks to its conviction buy list, giving one 100% upside
From tech to commodities, Goldman Sachs' additions to its list of top stocks have major upside potential. Source link
Read more
Mining giant BHP says China and India growth will buoy demand despite profit drop
Australian mining giant BHP is optimistic China and India's growth will boost commodity demand, even as the company reported a
Read more