Category: News Group

Until the end of November 2020, the prices are several mining products showed a positive trend that continues amidst the COVID-19 pandemic. Some commodities experienced a significant increase due to the demand and supply in...

The Baltic Dry Index fell 1% to 1,189 on Thursday, its lowest level since November 24th and extending losses for a fourth session. The capesize index, which tracks iron ore and coal cargos went down 0.4% to 1,480, the lowest...

Oil prices jumped more than 1% on Friday after OPEC+ on Thursday decided to slash output by 7.2 million bpd from January. The decision is an improvement from earlier calls within the organization to raise output by 2 million...

Palm oil futures remained above RM2,750 per tonne in the first week of December, a level not seen since January on the back of lower than expected production and tightening supply along with strong demand from India and China....

Gold rose to its highest in more than a week on Wednesday, consolidating the rebound from five-month lows of $1,764 and poised to test the critical resistance level of $1,850. The metal’s appeal as an inflation hedge remains the...

Oil prices edged down on Thursday, with WTI crude falling below $45 a barrel as pandemic-propelled demand concerns returned to the market. The reimposition of mobility curbs in many countries has been rattling sentiment, even...

The People’s Bank of China (PBoC) continued to inject CNY 10 billion into the market through seven-day reverse repo at an interest rate of 2.2 percent on December 3rd, 2020. With CNY 80 billion of reverse repos maturing on...

Coal prices rose towards $70 per ton in November, extending their rally to a level not seen since March amid expectations of higher restocking levels and a boost in seasonal demand. At the same time, stringent inspections on...

Indonesia’s annual inflation rate edged up to 1.59% in November 2020, the highest since June, from 1.44% in October and compared to market expectations of 1.53%. Upward pressure came from, food, drinks and tobacco (2.87%...

Foreign tourist arrivals in Indonesia tumbled 88.25% year-on-year to 158,159 in October 2020, as the COVID-19 global crisis forced more countries to implement travel restrictions. The number of arrivals by air in Bali, the...

Oil prices fell on Tuesday, extending its prior losses, amid uncertainty about whether major oil producers would agree to extend its deep output cuts. Reuters reported Monday that the cartel delayed output policy talks until...

The official NBS Manufacturing PMI for China rose to 52.1 in November 2020 from 51.4 a month earlier and beating market expectations of 51.5. This was the ninth straight month of growth in factory activity and the strongest...