Gold prices have exhibited strong support at USD1850 /oz after the market fell on last Monday. This week, we reckon the market movement will thread from USD1850 – USD1900 /oz in mixed trading. While t…
Agriculture
Weekly Rubber Report – 16 Nov 2020
Market Fundamentals: Rubber prices climbed last week as demand for the raw material increased. Recovery in Crude prices also has helped to support the Rubber demand. Traders are still feeling excited …
Vietnam International Agriculture Fair 2020 underway
The Vietnam International Agriculture Fair 2020 opened on November 11 in the Mekong Delta city of Can Tho, featuring 250 stalls from 100 Vietnamese and foreign companies. The annual fair is the larges…
Commodity Market Report – 9 Nov 2020
Gold prices broke above USD1930 /oz last week and might have ended the sideways correction. This way, we project strong support will arise at USD1900 – USD1920 /oz in case of drawdown. Technically spe…
Weekly Rubber Report – 9 Nov 2020
Market Fundamentals: Rubber prices traded sideways last week after falling off 3-year highs. Dollar Index (USDX) dived from 94.00 level and closed at 92.25 on Friday. Investors are still waiting anxio…
Bangladesh to cultivate more biofortified crops
Bangladesh has initiated to increase the production of bio-fortified crops aiming to reduce nutrient deficiencies of the people. Industries minister Nurul Majid Mahmud Humayun told a virtual global su…
World Bank approves $80 Million project to boost Nepal’s agriculture
The World Bank has approved a project worth US dollars 80 million (equivalent to Rs 9.44 billion) today to bolster Nepal’s agriculture sector by strengthening rural market linkages and promoting entre…
ASEAN countries to be the next most demanding dairy consumers
Global research undertaken by agribusiness specialist Rabobank predicts Australia’s closest and most populated neighbours are going to be this decade’s hungriest consumers of milk. According to Raboba…
Commodity Market Report – 26 Oct 2020
Gold prices have exhibited a bearish outlook on Friday closing. The trend has temporary support at USD1880 /oz which will open to lower grounds if this level gives way to the selling forces. Topside r…
Weekly Rubber Report – 19 Oct 2020
Market Fundamentals: Rubber commodity surged last week due to constrained supply from declining tapping activity. Meanwhile, the huge global demand for Natural Rubber for medical gloves in medical and…