With the U.S. placing tariffs on China sparking trade tensions after aluminum and steel tariffs it is important to anaylse the backdrop with the production and demand gap. Then throw in the ramp in production in India and China.
How Will New India Gold & Commodity Options Affect Future Price
India is home to huge demand for gold with buyers subject to speculative market cycles. In a move to allow hedging of this risk the India market regulator moved to allow commodity exchanges to start trading options in 2017.
India Is Overtaking China as the World’s Largest Emitter of Anthropogenic Sulfur Dioxide
Sulfur dioxide levels in China declined dramatically even though coal usage increased by approximately 50% and electricity generation grew by over 100%, India’s sulfur dioxide emissions increased by 50 percent over the past decade.
Australia Cotton Exports Increase, India Imports Up 569%
Australian cotton exports increased significantly in 2016/17 largely due to an expansion in the area of cotton planted leading to increased production Rural Bank’s 2016/17 Australian Agriculture Trade Performance report showed.
Iran Oil Exports to China Rise To Highest in 11 Months
Iran is seeing the benefits from cutting it’s crude oil prices to gain market share. Iranian crude exports to China may rise to the highest in 11 months in August two tanker sources told Reuters on Thursday. Iran crude and condensate exports to China are seen at 733,000 barrels per day (bpd) in August. This would be a 11 percent rise in crude volumes month-on-month.