#Heatwave forecast for next 5 days : Red Alert #IMD
Daytime temps can breach 47 degrees in some parts of these states . Heatwaves can continue till May end- June 1st week
#Rajasthan
#Punjab
#Haryana
#Chandigarh
#Delhi
West UP

#Aluminium #metals
Prices at highest in 2 years , +5% on week

#RioTinto declares force majeure on alumina cargoes from #Australia refineries due to gas shortage
#Yunnan smelters curb production due to drought
US, UK sanctions on #Russia Aluminium

#Copper #metal
Copper futures touch record high $5.15 on CME
Copper hits record high at $11000 on LME

- China to buy unsold housing inventory to combat oversupply and limit defaults for distressed developers
- China gave 1 trln CNY in stimulus through long-dated bond issuance

#Commodity prices YTD :
#Gold +16%
#Silver +26%
#Copper +26.29%
#Crudeoil +9.47%
#Zinc +17.19%
#Aluminium +14.01%

#Commodities
#commoditymarket #Commodities Champion

#CommodityChampions | 'Ice cream sales are up 40% in this summer season,' says Amul's Jayen Mehta. He tells Manisha Gupta Amul hasn't raised milk prices in 15 months & has no immediate plan to do so. Adds, its cooperative model will be taken to countries in US, Asia & S Africa.

Suvankar Sen, MD & CEO of Senco Gold & Diamonds tells Manisha Gupta about the co's global expansion plan. He says it opened the 1st international store in Dubai. Adds, this #AkshayaTritiya he anticipates a 'de-growth of 15-20% in volume' terms, but 'single digit growth in value' terms

Silver prices trade at an all-time high of ₹87,000/kg.

Manisha Gupta explains the demand outlook for 2024-25.

#Silver #Metal #Commodities

#Monsoon statistics

Monsoon India : IMD Weather
2024 : 106% forecast
2023 : 94%
2022 : 106%
2021 : 99%
2019 : 110%

#Monsoon 2024

Palm oil In focus !
Prices can trade 3750-4000 in days to come
Sime Darby

Malaysian Palm Oil Council mpob_tweets

When is the #Monsoon 2024 reaching you !

#Monsoon : Progress #India
May 19 : Bay of Bengal , Andaman Nikobar
May 31 : #Kerala
June 3-8 : #Karnataka
June 9-16 : #Maharasthra
June 19 : #Delhi

क्या अमूल दूध के दाम बढ़ने वाले हैं और क्या है अमूल आइसक्रीम और दूसरे प्रोड्कटस की डिमांड भारतीय और अंतरराष्टीय बाजार में ?

सारे सवालों के जबाव दिए अमूल के MD जयेन मेहता ने

Manisha Gupta Jayen Mehta Amul.coop #Amul #Amul Milk #Milk #DairyProducts #Protein

#copper prices
1 mth : +17%
3mth : +28%

#Gold #India #import on a high !
Value of gold imports : India
April 2023 : $1.01 billion
April 2024 : $3.11 billion

#copper #metals
COPPER surges 5% overnight to hit RECORD HIGH at 5.0047 USD/Lbs
The Narrative is strong Fund buying on back of insatiable demand expectation for green energy, power transmission, data centers, EVs even weapons

NALCO Vedanta Limited Power Hindalco

COMING UP AT 4:30 PM | ICE CREAM SALES SIZZLE AS SUMMER HEAT BITES!
Soaring temperatures have led to rise in demand of many summer products like ice cream, curd, buttermilk. Dairy companies are eyeing good sales growth this year after a tepid 2023.

Manisha Gupta speaks to

#Commodity360 | महाराष्ट्र के कई हिस्सों में प्री मॉनसून का आगाज, 3-4 दिनों में महाराष्ट्र, दक्षिण गुजरात के कई हिस्सों में आंधी-तूफान के आसार : के एस होसालिकर, IMD

Manisha Gupta K S Hosalikar India Meteorological Department Skymet #Rain #Mumbai #Weather #Maharashtra #Monsoon #PreMonsoon

#Mumbai witnesses heavy sand storm followed by sudden rains, hail storm in some areas. IMD Weather is calling this as pre monsoon activity. expects more of this in days to come in #Maharashtra #Gujarat and west UP but with low intensity
#Mumbai Rains #Duststorm
#Thane

#Silver prices gained 6% prev week !
And India is Buying silver !

#INDIA Silver imports
2019 : 5968 tons
2020 : 2219
2021 : 2773
2022 : 9450 ( All time high )
2023 : 3475 tons
2024 Q1 : 3730 tons ( Already more than last year)

#metals
#CommodityChampions

#copper Surges to Over 2-Year High , Prices cross above $10000 a ton
#Zinc prices surge near 1.5%
#Silver is trading at 3 week highs
#GOLD surges on expectations of rate cuts from US, BoE this summer

#metal

#steel rebar futures below CNY 3,500 / ton
At 1 month low , -10% YTD
Poor construction demand in China
#Brazil #Turkey launch probes against Chinese steel dumping
US extended tariffs

#metal