Commodities: Cotton prices soar
KARACHI: Cotton prices soared again on Monday as buyers rushed to obtain your hands on any deal which came on the market. However, shortage of quality lint due to limited unsold stocks held by ginners is keeping activity restricted. Floor brokers said that with …
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Secretive Swiss commodities giants are buying big chunks folks energy
Secretive commodities investors like Vitol Group, Trafigura Beheer B.V. and Mercuria Energy Group are on the list of firms amassing physical assets like shale oil wells, coal and oil pipelines and offshore drilling projects in america, Bloomberg reports. Why?
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Commodity funds down in first quarter, even while energy markets rally
That was as opposed to results from investment banks such as for example Citigroup Inc, Goldman Sachs Group Inc, Morgan Stanley and Macquarie Group Ltd, which showed strong gains from commodities in the initial quarter because the firms traded in or hedged against …
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