![]() Octo03:08 PM IST Are big trading houses too big to fail?.For crude and base metals, he would go back to the fundamentals wherein demand is waning. According to him, precious metals would remain strong, largely on the expectations that sustained liquidity flows. Tarang Bhanushali of IIFL, in an interview with CNBC-TV18, talked about what's going on in the commodity market. Novem12:27 PM IST Bullish on gold bearish on crude, says IIFL's Bhanushali.This year, however, a more prosaic raw material has replaced the metals at the top: black tea. Over the past decade, iron ore, copper or gold have topped the ranking of annual price increases in the commodities market. Decem05:22 PM IST Black tea this year's strongest brew.In a move that would ensure more transparency in the functioning of commodity exchanges, they would now also be required to disclose details about the composition of their governing board and important decisions taken, among others. Decem10:21 PM IST Sebi asks commodity bourses for detailed monthly report.Decem03:06 PM IST Energy, iron ore, precious metals suffered losses in 2015īut while prices are unlikely to recover to the peaks seen earlier this century, some major classes may have hit the bottom, with experts predicting moderate upticks in 2016.To strengthen risk management framework of the commodities market, regulator Sebi today issued norms for early delivery as well as pay-in facility and penalty on sellers in case of delivery default. Septem07:52 PM IST Sebi issues norms for strong risk management at commodity mkts.Highlighting importance of commodity markets in the economy, it said that India remains one of the largest producers in the world for most of the agricultural commodities and there is an urgent need to safeguard the interests of various stakeholders, including farmers. Janu03:28 PM IST CII to govt: Take steps to strengthen commodities market.J06:02 PM IST | Crude oil prices at $65 per barrelĬNBC Commodity Editor Manisha Gupta takes us through the major happenings in the commodities market. ![]() A section of experts believe Iran's re-entry into the global oil market can lead to a brief period of downward revision, but doubt whether Iranian supplies would be strong enough to sustain the trend. J06:17 PM IST In-Depth | Iran nuclear accord is within reach will it derail oil price rally, and how will it impact India?Ĭrude prices have rallied by nearly 34 percent this year despite the risk of virus mutants hitting the fragile recovery in demand.
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