Wed, Jul 23, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Commodity Crisis, Market Pulse more

What the US collapse means to Indian commodities

Posted on 01 October 2008

From Commodity Online: The global credit crisis has had its share of impact on the commodities sector both in India and globally which was not the case in the first half of 2008 when the sector seemed to be insulated from the crisis.

There were major corrections in commodities prices, including precious and base metals and crude oil on Monday. Price of crude oil for October fell nearly 3 per cent on Multi Commodity Exchange. October contracts of base metals lost an average 2 per cent while precious metals December contracts lost just about 1 per cent. Long-only money has shrunk by as much as $50 bn with the sharpest drops in agricultural futures and oil markets…… Full Article: Source


 Article link

This post was written by:

VRS - who has written 36088 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

July 2014
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031