Mr. L.Purevdorj, a newly appointed President of Mongol Bank: will study of providing more money into the market.

Shortly after appointed as the President of Mongol Bank, Mr. L.Purevdorj answered some questions from media ... trade balance, banking risk. We must increase our currency reserve. We have to work on attracting ... is imported to Mongolia through copper commodity price fall. We shall get rid of this position [more...]

Date: 2009-01-12 04:25:13

Blog posts (6) | Videos (5)
 

Hourly Action In Gold From Trader Dan

Dear CIGAs, It is difficult to get an accurate read on today’s price action because it was dominated by front running of index fund rebalancing to conform to changes being made in some of the major commodity indices. Copper was up 7% at one time ... the various commodity markets. Frankly I find the idea of reducing the weighting of gold [more...]

Date: 2009-01-06 18:59:22

Commodity Boom Turns Bust in 2008 as Worldwide Economy Crumbles

By Pham-Duy Nguyen Jan. 1 (Bloomberg) — Commodity prices in 2008 plunged the most in five decades as demand for energy, ... , the slumping economy drove crude oil, gasoline, copper, corn, and wheat down from records in the first ... commodities to post gains. Gasoline futures declined to $1.0082 a gallon last year on the New York [more...]

Date: 2009-01-01 18:57:26

One Woman’s Trash Is Another Woman’s…Lingerie?

The Wall Street Journal: Even though gift-giving was relatively stingy this Christmas season, ... for the artists who transform cast-offs into commodities. Curbsides and trash bins are suddenly ... to make jewelry from metals such as copper and silver, too, but scrap prices rose too high this past year [more...]

Date: 2009-01-06 15:08:50

TABLE-Breakdown of China’s Nov CGPI input index

Following is a breakdown of China’s corporate goods price index (CGPI) in November, released on Monday by the People’s Bank of China ... Oct Sep Aug Jul Jun May Apr Mar Feb Overall -0.4 4.0 7.0 8.2 9.4 9.5 9.6 10.3 10.2 9.2 Grain ~ 6.6 ... COMMODITIES-Surging shares dim gold, copper bounces on rate cut August 7, 2008 — WRAPUP [more...]

Date: 2008-12-22 06:39:54

China corn futures dip after week of price increases, metals keep rising

Major commodities kept an upward trend on Tuesday, with metals continuing a strong rise ... U.S. dollars a bushel on the latest trading day, equal to about 1,107 yuan a ton. In an effort ... a tonne during the week. May Copper on the Shanghai Futures Exchange rose by the daily limit [more...]

Date: 2009-01-07 16:19:22

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