Tag: slowdown
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Zinc Dropped As An Economic And Demand Slowdown In China Pressured Prices.
[ad_1] Zinc faced a significant decline of -2.51%, settling at 209.85, as concerns over an economic and demand slowdown in China, the top consumer, weighed on the market ahead of an extended public holiday. The delay in production at Russia’s Ozernoye mine, the country’s largest mine, until at least the third quarter of 2024 and…
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India’s Steel Surge: Record Imports Fuel Economic Boom Amid Global Slowdown
[ad_1] India experiences a steel revolution as imports hit a five-year high, reaching 5.6 million metric tons between April and December. With a 14.8% jump in domestic steel consumption, the country emerges as a steel powerhouse, defying the slowdown seen in Europe and the United States. Industry leaders raise concerns about the impact of surging…
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Boeing sees no slowdown in Indian skies
[ad_1] New Delhi: Asserting that the Indian aviation sector‘s growth fundamentals are strong, Boeing has said significant skilling of people to meet demand, rationalisation of fuel taxes and continued infrastructure investments will keep the growth going. Boeing, which has hundreds of aircraft on order from Indian carriers, has also announced various investments, including $100 million…
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Cotton dropped amid concerns over a slowdown in China.
[ad_1] Cotton candy yesterday settled down by -0.54% at 59380 as economic concerns surrounding top buyer China clouded the demand outlook for the natural fibre. Global production will likely decline next season (October 2023-September 2024) by three per cent, while consumption may remain stagnant and ending stocks could be lower. The Cotton Association of India…
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Cotton dropped amid concerns over a slowdown in top buyer China.
[ad_1] Cotton candy yesterday settled down by -1.45% at 59920 amid concerns over a slowdown in top buyer China. The Cotton Association of India (CAI) maintained the crop production forecast for the 2022-23 season at 311.18 lakh bales. In the last cotton season, the total cotton production was at 307.05 lakh bales, CAI said in…
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Alberta’s electricity cost surge helps drive slowdown of Canadian energy prices – Winnipeg Free Press
[ad_1] Statistics Canada says a spike in the amount Albertans paid for electricity last month helped slow the decline of Canadian energy prices for July — one of the key reasons cited by the agency as the national inflation rate ticked up. It says energy prices were down 8.2 per cent in July on a…
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Crude oil edges higher despite slowdown in U.S. economic growth
[ad_1] Investing.com — Oil prices stabilized Thursday as signs of tightening U.S. supplies helped to balance fresh concerns over a slowing U.S. economy, the largest consumer of crude in the world. By 09:40 ET (13:40 GMT), futures traded 0.2% higher at $74.45 a barrel, while the contract rose 0.1% to $77.83 a barrel. U.S. crude…
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Crude oil mixed; U.S. slowdown concerns compete with solid Chinese GDP
[ad_1] By Peter Nurse Investing.com — Oil prices traded in a mixed fashion Tuesday, as traders digested concerns surrounding the U.S. economic outlook as well as upbeat China’s economic growth data. By 09:20 ET (13:20 GMT), futures traded 0.1% higher at $80.90 a barrel, while the contract fell 0.1% to $84.69 a barrel. Economic data…
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ADP Employment Misses Estimates, Biggest Slowdown Since January 2021
[ad_1] Key Points: Recommended by Zain Vawda Get Your Free Equities Forecast MOST READ: USD in Review Ahead of PCE data – Inflation Remains a Key Driver of USD US companies saw job creation slow by the most since January 2021 led by the construction sector and followed closely by sectors sensitive to rising interest…
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Oil prices steady after 3% slump, China slowdown in focus
[ad_1] By Ambar Warrick Investing.com– Oil prices were muted in early trade on Wednesday as investors weighed slowing economic growth in China against potentially tightening supply, while signs of a bigger-than-expected build in U.S. inventories kept sentiment subdued. Crude markets slumped 3% on Tuesday, sharply reversing recent gains as signs of slowing economic activity in China…