Which #Edible oil Do you consume ?
Do you stick to a Brand. Are you Price Sensitive ?

#metals
#Copper starts May steady after stellar April
Prices hold near 2 year high on LME , below $10000

Copper Prices in April :
LME : +14%
CME : +16%

#FOMC #commodities

Drones' utilisation in Indian agriculture is on the rise! The industry estimates the use of approximately 7000 drones in FY25, compared to 3000 in FY24. Manisha Gupta provides details

#Drone #Agriculture #CNBCTV18Digital #Industry

How much Copper does the world consume ?

Per Capita Avg consumption :
#India : 1/2 Kg
#World : 7 kg
#China : 10 kgs

#metal #copper
#CommodityChampions

#metal prices in April :

#copper : +13%
#aluminium : +8
#Zinc : +16
#Nickel +17%
#Steel +2%

#GOLD snaps 5 week of gains on USD strength
#FederalReserve meeting this week watched
#China Q1 gold demand +5.94% Y-Y to 308.91 tons

MS : Gold to hit $2760 in H2 2024

The Heat is on !
IMD Weather : 2023 was warmest year on record & 2024 is going to be warmer than 2023. By May the Sun positioning will lead to heatwaves in North and Central India also. The rainfall in some areas is not enough to improve water level capacity in reservoirs .

#copper On a run !
#GoldmanSachs :
**Global refined copper in 2024 : Est deficit 428,000 tons
**LME expected to hit $12,000 a ton in 12 mhs

#Metals

Comment below your commodity market queries and Manisha Gupta will answer it during her INSTA LIVE on 25th April,2024 at 1PM.

#AskManishaGupta #CommodityGurukul #LearnwithCNBCAWAAZ

#GoldPrice falls below $2300 to 3 week lows
#silver falls from 3 yr high of $29 an oz to $26.9

Register for an exclusive webinar on commodity trading.

To register click here
hindi.cnbctv18.com/commodity-guru… or link in bio.

#CommodityGurukul #LearnWithCNBCAWAAZ

#MaxLayton #AjayKedia #DineshSomani #ManojKumarJain Manisha Gupta

#Citi strategists anticipate a potential minor pullback in gold and silver markets before the end of the Q2, but expect prices to surge in the second half of 2024, with gold potentially reaching around $2,500/oz and silver $30-32/oz.
What say ?

#preciousmetals retreat from highs
Silver -5% overnight, Gold -2.5%
#Silver slips from $28.9 to $26.9 an oz
#GOLD slips from $2420 to $2300 an oz
Profit taking, Easing Middle East Conflicts, Prolonged US restrictive policy

#water
#India water Availability : in total 150 reservoirs at just 31% of total capacity #CWC
South : 17% of total capacity
West : 33.9%
North : 32.5%
East : 40.6%
Central : 40%
#WaterSecurity #heatwave

#Diamonds
To obtain a flawless one-carat colourless diamond = requires mining 100,000 tonnes or about 220.5 million pounds of ore !

#NaturalDiamond
#jewelry #weddings

Register for an exclusive webinar on commodity trading.

To register click here
hindi.cnbctv18.com/commodity-guru… or link in bio.

#CommodityGurukul #LearnWithCNBCAWAAZ

Manisha Gupta #MaxLayton #AjayKedia #DineshSomani #ManojKumarJain

#data to watch coming week :
US : Q1 GDP, PCE, personal income & spending, durable goods order, PMI, Home sale, Earning season
Manufacturing : #Australia #Japan #India #France #Germany #Europe #UK
Interest Rate decision : Japan #China #Turkey

Silver Industrial demand is expected to hit a record high in 2024 🚀

Watch to know more.

#Silver #Metal | Manisha Gupta

#silver Industrial demand expected to hit record high in 2024 for 4th year

How much Silver in your #car ?
- Internal Combustion engine : 15-28gms
EV : 25-50 gms
Hybrid cars : 18-34 gms

Priya Agarwal Hebbar
Vedanta Group

#Crudeoil surges 4%
Reports of Explosion in #Iran #isfahan
#GOLD above $2400 on safe haven buying
Tangible #Commodities see buying interest