#CRUDE OIL OPTION TRADING

[ezyalgo]

Crude Oil chart signal for May 21, 2024, as provided by the EzyAlgo Premium Indicator

Key Levels: The indicator likely identifies crucial support and resistance levels based on technical analysis. These levels could represent areas where price action is likely to stall or reverse.

Trend Analysis: The indicator may analyze the prevailing trend in Crude Oil, indicating whether it's bullish, bearish, or ranging. This information helps traders align their positions with the overall market direction.

Trading Signals: EzyAlgo Premium Indicator may generate specific buy or sell signals based on its analysis of price action, indicators, and patterns. These signals provide actionable insights for traders to enter or exit positions.

Volatility Insights: The indicator might also provide information about the volatility of Crude Oil prices on May 21, 2024. High volatility can present both opportunities and risks for traders through yellow bar candle.

Timeframe Consideration: Traders should consider the timeframe of the analysis provided by the indicator. Different timeframes can result in varying signals, so it's essential to align with one's trading strategy.

It's important for traders to use such signals as part of a comprehensive trading strategy, incorporating risk management techniques and fundamental analysis where appropriate. Additionally, past performance is not indicative of future results, so traders should exercise caution and perform their own due diligence before making trading decisions.

This strategy aims to provide a robust framework for identifying trading opportunities and optimizing trades

Get Access to EzyAlgo indicators: https://ezyalgo.com/

Join our Free Telegram Channel: https://t.me/EzyAlgoSolutions

[hmatrading0]

Options Trading Guide

Options trading guide can be a versatile and powerful way to manage risk and potentially profit from financial markets. Here's a comprehensive guide to get you started.

For more details visit here - https://hmatrading.in/options-trading/

Address: Ground Floor, D - 113, D Block, Sector 63, Noida, Uttar Pradesh 201301

Phone: 9625066561

[sharebazaar-intensifyresearch]

Crude Oil prices may decline further ! Might taste $80-mark; China demand a concern

Get insights from SEBI Registered experts

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[dragonflycap]

5 Trade Ideas for Monday: Alkermes, Citigroup, Caterpillar, Neogen and EchoStar

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Alkermes, Ticker: $ALKS

Alkermes, $ALKS, comes into the week testing resistance. It has a RSI rising in the bullish zone with the MACD positive. Look for a solid break of resistance to participate…..

Citigroup, Ticker: $C

Citigroup, $C, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD rising near zero. Look for a push over resistance to participate…..

Caterpillar, Ticker: $CAT

Caterpillar, $CAT, comes into the week approaching the all-time high. It has a RSI in the bullish zone with the MACD rising. Look for a new high to participate…..

Neogen, Ticker: $NEOG

Neogen, $NEOG, comes into the week testing resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

EchoStar, Ticker: $SATS

EchoStar, $SATS, comes into the week in consolidation. It has a RSI in the bullish zone with a MACD positive. Look for a break up from consolidation to participate…..

If you like what you see sign up for more ideas and deeper analysis using this Get Premium link.  

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into the September FOMC meeting and Options Expiration, saw heading into the last full week of September, equity markets showed strength following the FOMC’s first rate cut in 4 years.

Elsewhere look for Gold to continue its uptrend while Crude Oil bounces in its downtrend. The US Dollar Index continues to hold lower in consolidation while US Treasuries are failing at levels that could reverse to an uptrend. The Shanghai Composite looks to continue the bounce in  the downtrend while Emerging Markets rise in consolidation.

The Volatility Index looks to remain low and stabilizing making the path easier for equity markets to the upside. Their charts look strong, especially on the longer timeframe with the SPY making a new all-time high Thursday, breaking a range.  The IWM and QQQ are holding up on the edge of a range break to the upside. On the shorter timeframe the SPY is also strong with the IWM and QQQ building momentum as price reaches the August highs. Use this information as you prepare for the coming week and trad’em well.

[mariacallous]

On March 2, she was gone. The Belize-flagged, British-owned bulk carrier Rubymar sank in the narrow water lane between the coasts of Yemen and Eritrea. The Rubymar was the first vessel that has been completely lost since the Houthis began their attacks on shipping in the Red Sea—and its demise, with 21,000 metric tons of ammonium phosphate sulfate fertilizer, spells ecological disaster. A similar substance—ammonium nitrate—caused the devastating explosion at the Port of Beirut in 2020. It had been stored there after being abandoned on a vessel and authorities intervened to prevent an environmental disaster.

Because the Houthis have no regard for the environment, there are likely to be more such disasters. Indeed, groups set on destruction could also decide to attack the carbon storage facilities now beginning to be built underneath the seabed.

For two weeks after being struck by a Houthi missile in the Red Sea, the Rubymar clung to life despite listing badly. The damage caused by the missile, though, was too severe. At 2:15 a.m. local time, the Rubymar disappeared into the depths of the Red Sea. The crew had already been rescued by another merchant vessel that had come to the Rubymar’s aid, but there was no way anyone could remove its toxic cargo.

The ship’s owner had tried to get it towed to the Port of Aden—where Yemen’s internationally recognized government is based—and to Djibouti and Saudi Arabia, but citing the environmental risk posed by the ammonium phosphate sulfate, all three nations refused to receive it.

Now enormous quantities of a hazardous substance are about to spread into the Red Sea. IGAD, a trade bloc comprising countries in the Nile Valley and the Horn of Africa, points out that the Rubymar’s fertilizer cargo and leaking fuel “could devastate marine life and destroy coral reefs, sea life and jeopardize hundreds of thousands of jobs in the fishing industry as well as cut littoral states off from supplies of food and fuel.”

Not even shipping’s option of last resort, salvage companies, seems available. “The salvage companies that normally recover vessels are reluctant to go in,” said Cormac Mc Garry, a maritime expert with intelligence firm Control Risks. That’s because salvage ships and crews, too, risk being targeted by Houthi missiles. “If a salvage company knows it’s likely to be targeted, it will hesitate to take on the task. It has a duty of care for its crew,” said Svein Ringbakken, the managing director of the Norway-based maritime insurance company DNK.

It was only a matter of time before a Houthi missile brought down one of the many tankers and bulk carriers that still traverse the Red Sea every day. (In the first two months of this year, traffic through the Red Sea was down by 50 percent compared to the same period last year.) “The Houthis have no regard for life and even less for the environment,” Ringbakken said. “They shoot missiles at ships even though they know that there are humans and hazardous cargo on them.”

For years, the Houthis allowed an oil supertanker ironically named Safer that was moored off the coast of Yemen to rust away even though she was holding more than 1 million barrels of crude oil. By the beginning of last year, the Safer was close to disintegration: an event that would have cost hundreds of thousands of Yemenis their livelihoods because it would have killed enormous quantities of fish. Indeed, had the Safer’s oil leaked, it would even have forced the Houthi-controlled ports of Hudaydah and Saleef to close, thus preventing ordinary Yemenis from receiving food and other necessities.

It would, of course, also have caused permanent damage to all manner of marine life, including coral reefs and mangroves, in the Red Sea. Then the United Nations pulled off an almost impossible feat: It got Yemen’s warring factions, international agencies, and companies to work together to transfer the oil off the Safer. Disaster was averted. “It was a massive undertaking,” Ringbakken noted. “But for years and years and years, the Houthis were adding impediments against this undertaking, even though the Safer was sitting just off the Yemeni coast.”

Indeed, maritime terrorism itself is not new. “Besides guerrillas and terrorists, attacks have been carried out by modern day pirates, ordinary criminals, fanatic environmentalists, mutinous crews, hostile workers, and foreign agents. The spectrum of actions is equally broad: ships hijacked, destroyed by mines and bombs, attacks with bazookas, sunk under mysterious circumstances; cargos removed; crews taken hostage; extortion plots against ocean liners and offshore platforms; raids on port facilities; attempts to board oil rigs; sabotage at shipyards and terminal facilities; even a plot to steal a nuclear submarine,” researchers at RAND summarized—in 1983.

Now, though, the Houthis have upped the nihilism, and unlike the guerrillas, terrorists, and pirates of the 1980s, they have the weaponry to cause an ocean-going vessel to sink. The joint U.S.-U.K. military operation against the Houthis has failed to deter the Iranian-backed militia’s attacks; indeed, not even air strikes by U.S. and U.K. forces have convinced the Houthis that it’s time to stop. On the contrary, they’re escalating their attacks. They do so because they’re completely unconcerned about loss of life within their ranks or harm to their own waters.

It’s giving them a global platform. That, in turn, is likely to encourage other militias to also attack ships carrying toxic substances—even if it ruins their own waters. The local population is hardly in a position to hold a militia accountable. Indeed, militias interested in maritime terrorism could decide that the world’s growing sea-based infrastructure is an attractive target. And there’s a new form of sea-based infrastructure they could decide to make a preferred target, not just because it’s set for explosive growth but because attacking it would guarantee a global platform: CO2 storage.

With the world having failed to reduce its carbon-dioxide emissions enough to halt climate change, CO2 storage has become an urgent priority. Through this technique, carbon dioxide can be captured and buried underground, typically underneath the ocean. Norway has, for example, begun auctioning out licenses for CO2 storage exploration on its continental shelf. So has Britain. The United States has 15 carbon-storage sites, and another 121 are being developed. Even Big Oil has discovered carbon storage. ExxonMobil is buying offshore blocks to use for carbon storage instead of oil drilling.

Carbon storage sites are, of course, designed to withstand both natural perils and man-made attacks, but that won’t prevent destructive groups—especially ones backed by a powerful state—from trying. And because groups like the Houthis are so unconcerned about all forms of life, it won’t matter to them that releasing concentrated CO2 would cause extreme harm to the planet—including themselves. Even a tiny carbon-storage leakage of 0.1 percent per year can lead to additional CO2 emissions of 25 giga-tonnes, researchers have established.

Until recently, sea-based infrastructure was only lightly guarded, because it was in everyone’s interest that it worked. The sabotage of Nord Stream and various other pipelines and undersea cables over the past two years have demonstrated that such peacefulness can no longer be taken for granted. The new CO2 sites will need not just AI-enhanced monitoring but regular patrolling to communicate to potential attackers that it’s not even worth attempting an attack.

And for now, attacking merchant vessels remains a promising and economical strategy for the Houthis and their ilk. It doesn’t seem to matter that ammonium phosphate sulfate will soon be poisoning Yemeni waters and thus depriving locals of their livelihoods. Indeed, other bulk carriers and tankers may soon join the Rubymar on the bottom of the sea, poisoning the future for even more Yemenis.

For the Houthis, what matters is not the outcome: It’s the attention. That’s what makes them such a vexing problem for the U.S. Navy and other navies, shipowners, maritime insurers, and especially for seafarers. But there is another group that should be just as worried about the rampant insecurity on the high seas: ocean conservationists.

There is, in fact, a woman with an unsurpassed green platform who could make the growing scourge of maritime terrorism her new cause. (Nearly) everyone would thank you, Greta.

[lavanyamuj00058]

Different Financial Instruments

Different Financial Instruments in India The financial market in India provides a wide variety of products to suit different risk tolerances and investment requirements. Making wise investing selections requires having a thorough understanding of these instruments. Here, we examine a few of the most important financial products that are offered in India.

Stocks Ownership in a corporation is represented by stocks, or equity. Purchasing shares of a firm permits you to participate in its development and earnings as an owner. On stock markets such as the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), stocks are exchanged. Although they have a large amount of market risk, they provide huge profits. Prior to making an investment in stocks, investors should perform extensive research.

Bonds Bonds are fixed-income securities that governments, businesses, and local governments issue to raise money. At maturity, they repay the principle amount together with monthly interest payments. Although they sometimes yield less returns than stocks, bonds are seen to be safer. For conservative investors seeking consistent income, they are perfect.

Mutual Funds Mutual funds invest in a diverse portfolio of stocks, bonds, and other assets by pooling the money of several individuals. Professional fund managers oversee them. By providing diversity, mutual funds help individual investors take on less risk. They are available in several varieties, including debt, equity, and hybrid funds, to accommodate varying risk tolerances and investment objectives.

Fixed Deposits (FDs) Fixed deposits are one of the most popular investment options in India. They offer a fixed interest rate for a specified tenure, providing assured returns. FDs are considered very safe, especially when deposited in reputable banks. They are suitable for risk-averse investors seeking guaranteed returns.

Derivatives Financial contracts known as derivatives derive their value from underlying assets such as stocks, bonds, or indexes. Derivatives that are frequently used are swaps, options, and futures. They are employed in price movement speculation and risk hedging. Since they can be complicated, derivatives are usually only advised for seasoned investors.

Instruments for Foreign Exchange Currency trading is a part of foreign exchange instruments. Businesses and investors use them to speculate on currency changes or as a hedge against currency risk. Forex trading is extremely risky and necessitates a solid grasp of world economic issues.

Cash and Cash Equivalents These include instruments like treasury bills, commercial papers, and certificates of deposit. They are highly liquid and can be quickly converted into cash. Cash equivalents are low-risk investments, suitable for short-term needs or as a part of a diversified portfolio

Goods and Services Investing in commodities such as crude oil, silver, and gold is an additional choice. Direct commodity trading is also possible, as is commodity futures trading. They diversify an investment portfolio and act as a buffer against inflation. In summary The financial market in India provides a vast range of instruments to suit varying risk appetites and investment requirements. Investors have a wide range of alternatives, from secure and steady fixed deposits to high-risk, high-reward stocks. Making wise investing selections requires having a thorough understanding of these instruments, as well as the risks and rewards associated with each. There is a financial product in India to meet your demands, regardless of whether you are an aggressive investor wanting large profits or a conservative investor seeking safety.

[tubetrading]

The Future of Pipeline Technology: Unleashing the Power of Spiral Welded Pipes

Introduction

In the dynamic landscape of pipeline technology, innovation plays a pivotal role in meeting the ever-growing demands of various industries.  As the world progresses towards a more interconnected and technologically advanced future, the importance of reliable, durable, and efficient pipelines cannot be overstated.  This article delves into the future of pipeline technology, specifically focusing on the remarkable capabilities and applications of spiral welded pipes.  As a leading distributor, supplier, and dealer of spiral welded pipes, Tube Trading Co. is at the forefront of this transformative journey.

Understanding Spiral Welded Pipes

Spiral welded pipes represent a significant advancement in pipeline construction.  Unlike traditional longitudinal welded pipes, spiral welded pipes are manufactured by helically bending steel strips and welding the seams together.  This unique manufacturing process imparts several advantages to spiral welded pipes, making them a preferred choice for various industries.

Key Advantages:

Strength and Durability:  The helical welding technique employed in spiral pipes enhances their structural integrity, resulting in pipes that can withstand high pressure and stress.  This characteristic is particularly crucial in industries such as oil and gas, where pipelines often operate under challenging conditions.

Cost Efficiency:  Spiral welded pipes are known for their cost-effectiveness in terms of both manufacturing and installation.  The continuous, automated welding process reduces production time and labor costs, making them a financially prudent choice for large-scale projects.

Versatility:  These pipes are highly versatile and can be customized to meet specific project requirements.  Their adaptability makes them suitable for various applications, from transporting fluids in the energy sector to structural applications in construction.

Spiral Welded Pipes in Action

As a spiral welded pipe distributor, supplier, and dealer, Tube Trading Co. has witnessed the transformative impact of these pipes across diverse industries.

1.         Oil and Gas Sector:

In the oil and gas sector, where reliability and durability are paramount, spiral welded pipes have emerged as the preferred choice for pipeline construction.  The seamless welding and robust construction ensure the safe and efficient transportation of crude oil and natural gas over long distances.

2.         Infrastructure Development:

Spiral welded pipes have found applications in infrastructure projects, playing a crucial role in the development of water and sewage systems.  The pipes' ability to resist corrosion and withstand external pressures makes them an ideal choice for underground and underwater installations.

3.         Industrial Applications:

Industries such as mining, chemical processing, and manufacturing benefit from the versatility of spiral welded pipes.  Their ability to handle a wide range of materials and conditions makes them indispensable in conveying various substances critical to industrial processes.

The Role of Tube Trading Co. in Advancing Spiral Welded Pipe Technology

As a reputable distributor, supplier, and dealer of spiral welded pipes, Tube Trading Co. is committed to providing high-quality products that meet the stringent standards of modern industries.  The company's dedication to innovation and customer satisfaction has positioned it as a leader in the field.

1.         Quality Assurance:

Tube Trading Co. prioritizes quality assurance throughout the manufacturing and supply chain.  Rigorous testing procedures ensure that each spiral welded pipe meets or exceeds industry standards, assuring clients of the pipes' reliability and longevity.

2.         Customization Options:

Understanding that different industries have unique requirements, Tube Trading Co. offers a range of customization options for spiral welded pipes.  From varying diameters to specific coatings, clients can tailor their orders to suit the demands of their projects.

3.         Expert Consultation:

Tube Trading Co. goes beyond being a mere supplier; it serves as a valuable partner to clients by offering expert consultation services.  The company's team of knowledgeable professionals assists clients in choosing the most suitable spiral welded pipes for their applications, ensuring optimal performance and longevity.

Looking Ahead:  The Future of Spiral Welded Pipes

As industries continue to evolve, the demand for advanced pipeline solutions will only intensify.  The future of spiral welded pipes looks promising, with ongoing research and development aimed at further enhancing their capabilities.  Innovations in materials, coatings, and manufacturing processes are expected to result in even more robust and efficient spiral welded pipes.

1.         Advanced Materials:

The incorporation of advanced materials, such as high-strength alloys and composite materials, is expected to enhance the performance of spiral welded pipes.  This could lead to pipelines with increased corrosion resistance and even higher pressure-bearing capacities.

2.         Smart Pipeline Technologies:

The integration of smart technologies into pipeline systems is on the horizon.  Spiral welded pipes, equipped with sensors and monitoring devices, could provide real-time data on the pipeline's condition, enabling proactive maintenance and reducing the risk of failures.

3.         Environmental Considerations:

As environmental sustainability becomes a focal point in industrial practices, the development of eco-friendly coatings and materials for spiral welded pipes is anticipated.  This could contribute to a more sustainable and responsible approach to pipeline construction and maintenance.

Conclusion

In conclusion, the future of pipeline technology is intricately linked with the capabilities of innovative solutions such as spiral welded pipes.  As a key player in this transformative journey, Tube Trading Co. continues to pave the way for advancements in the field.  The unparalleled strength, durability, and versatility of spiral welded pipes make them a cornerstone in the construction and maintenance of pipelines across diverse industries.  As we look ahead, it is evident that the power of spiral welded pipes will continue to unfold, shaping the future of pipeline technology.

[yaso711]

financial management

The rise of digital currencies has attracted worldwide attention.  With the advent of Bitcoin, the first cryptocurrency, numerous cryptocurrency trading platforms have sprung up rapidly in the international market.  Among the many encryption platforms, we will list some well-known and well-reputed platforms, and briefly introduce their characteristics and advantages.

Yun Shang Hui Xin

[URL="https://yunshfx.com"]https://yunshfx.com[/URL]

Yun Shang Hui Xin Limited

 Decentralized services to grasp the latest global financial information: a series of data including transnational stocks, spot stocks, funds, digital currencies, etc. can provide reference.

YSHX

The world's lowest transaction costs and a wide range of investment markets, with the highest quality services.

yunshfx

A large number of products of different types can be selected through one account: stocks, futures, crude oil, gold, bitcoin, and foreign exchange options of multiple currencies.

[theculturedmarxist]

The West’s attempt to recruit large swaths of the global community to enlist for the sanctions war has decidedly failed, notes ‘The American Conservative’. Outside of the U.S., E.U., and a few close allies (i.e., economic dependents and military protectorates) such as Canada and Japan, practically no other countries have joined in, preempting any economic dogpile sought by the self-proclaimed defenders of democracy. Increasingly, transatlantic policy seems to be having the exact opposite effect.

As of June 9, Pakistan is the latest country to begin accepting large shipments of discounted crude oil from Russia, as much as 100,000 barrels a day. “This is the first ever Russian oil cargo to Pakistan and the beginning of a new relationship between Pakistan and Russian Federation [sic],” announced Prime Minister Shehbaz Sharif.

In the present geopolitical landscape, such a move is perceived to be in direct defiance of Western efforts to obstruct Moscow’s revenues. The motive behind Islamabad’s shifted political and economic calculations is not difficult to decipher. Nor is it exceptional.

The International Energy Agency (IEA) reported that Moscow is now sending out 8.1 million barrels of oil a day, the highest number going back to April 2020. In January 2023, almost half of those shipments were destined for China and India, which have respectively increased as a proportion of Russia’s oil exports from 21 percent to 29 percent and 1 percent to 20 percent since January 2022.

Chinese oil imports alone jumped in May to the third highest level ever recorded. Beijing also recently issued a crude oil import quota of a whopping 62.28 million tons of allotments. This makes the total import quota amount issued by Chinese leadership 20 percent higher than that of the same time last year. At the same time, Beijing’s natural gas purchases continue to push upward, increasing 3.3 percent year-on-year in Quarter 1, with a 10.3 percent year-on-year increase in April of liquefied natural gas (LNG).

Just as important, if not more so, as the massive shifts in quantity and direction of the energy trade, however, are the size and scope of the joint initiatives—usually under the leadership of Moscow and Beijing — that continue to proliferate in opposition to Western-led international organizations.

The recent St. Petersburg International Economic Forum saw representatives of various economic groupings and cooperation organizations outside the Atlantic orbit meet to discuss greater interconnectivity, development collaboration, transportation corridors, as well as investment options for funding various cross border initiatives.

One of these groups is the Shanghai Cooperation Organization (SCO), which continues to focus on greater cooperation and integration with ASEAN nations. This year’s meeting included a notable presentation on the creation of a SCO investment bank to provide the capital necessary to facilitate such collaborative projects.

The BRICS organization featured prominently at the St. Petersburg forum as well. It also includes an important investment bank — the New Development Bank — that provides ready access to liquidity for its members, funds infrastructure projects, and facilitates increased industrial manufacturing. BRICS continues to grow in both clout and size.

A number of new countries applied for membership last year, including Iran and Argentina. 2023 has also seen membership bids from nineteen additional nations before an upcoming summit in Johannesburg this August. One of the most recent applications came from Egypt on June 14. Potential bids from important players in the energy market such as Venezuela (with direct support from Brazil’s President Lula) and the United Arab Emirates are also being discussed.

UAE President Sheikh Mohammed bin Zayed Al Nahyan traveled directly to the St. Petersburg forum in order to meet with Putin on June 16, where the two discussed their desire to build a closer relationship between the countries.

Gulf neighbor — and traditional U.S. ally — Saudi Arabia has to some degree also hedged its geopolitical bets. After refusing Biden’s phone calls in March of 2022 and denying his request to increase oil production to help lower international prices, Riyadh’s friendship with Washington has somewhat soured as of late. (Saudi Arabia also joined the SCO in March 2023, and is a potential candidate for BRICS membership.) In another move that will likely meet with the displeasure of its Western allies, Saudi Arabia additionally decided to move forward with further production cuts of 1 million barrels per day beginning in July.

Consider that, as discussed earlier, China alone has increased its trade with Russia by about 40 percent, and is set to reach a record $200 billion this year. Perhaps most importantly though, more than 70 percent of that trade has been settled in either yuan or the ruble, with the Russian central bank currently holding 40 percent of its reserves in yuan.

Pakistan has reportedly also paid for its new shipments of Moscow’s crude with Chinese yuan. Earlier in 2022, Saudi Arabia suggested the possibility of denominating its oil transactions with Beijing in the currency.

The present geopolitical system with all of its accompanying features is only made possible by the dollar reigning supreme as the world’s reserve currency. Champions of the present order faithfully hold that this system will be maintained indefinitely, guaranteed on the back of U.S. military might and Western economic dominance.

But the international environment is beginning to shift, as much due to the burgeoning economic alliances outside the confines of Western-backed international agencies as because of the policy decisions of those latter agencies and their U.S. patron. No recent move has acted as a greater accelerant to this shift than Washington’s decision to freeze and then seize the foreign currency reserves of the Russian Federation at the outset of the Ukraine war.

The weaponization of financial reserves has increased distrust in the present system to new heights. The end of dollar dominance may not be nigh, but it is a much more likely possibility than many in the West care to admit.

Russia has demonstrated that having an economy based on commodities and heavy industrial production matters more in today’s international environment than a narrow set of economic indicators such as annual GDP growth or per capita income. Should dollar dominance ever come to an end, this fact will be made painfully clear.

The United States and other Western countries have adopted an increasingly ideological perspective regarding the future course of economic development. Leaders choose to accept only information that aligns with their dogmatic beliefs.

A failure to remove its ideological blinders and comprehend political and economic conditions as they objectively exist will spell disaster for the Western bloc.

[hcgdiary]

Vegetable Oil Industry in India

The vegetable oils industry in India is a significant sector that plays a crucial role in the country's economy and food supply. India is one of the largest consumers and importers of vegetable oils globally due to its large population and dietary preferences.

The vegetable oils industry in India involves the production, processing, and marketing of various types of edible oils derived from plants. Some of the commonly used vegetable oils in India include palm oil, soybean oil, sunflower oil, mustard oil, groundnut oil, cottonseed oil and coconut oil.

Here are some key aspects of the vegetable oils industry in India:

Production: India produces a certain amount of vegetable oils domestically, primarily from oilseeds such as soybeans, groundnuts, rapeseed/mustard, sunflower, and sesame. However, domestic production is insufficient to meet the country's growing demand, leading to a significant reliance on imports.

Imports: India is one of the largest importers of vegetable oils in the world. The country imports vegetable oils from various countries such as Indonesia, Malaysia, Argentina, Ukraine, and others. Palm oil constitutes a significant portion of the imports, followed by soybean oil and sunflower oil.

Consumption: Vegetable oils are a staple ingredient in Indian cuisine and are used extensively for cooking purposes. The growing population, changing dietary patterns, and increasing urbanization have contributed to the rising consumption of vegetable oils in the country.

Processing: Vegetable oils are extracted from oilseeds through mechanical or solvent extraction methods. The oilseeds are processed in oil mills or solvent extraction units to obtain crude oil, which undergoes refining processes to produce refined vegetable oils.

Government Policies: The Indian government has implemented various policies to support the vegetable oils industry, promote domestic production, and reduce import dependency. These policies include subsidies, minimum support prices for oilseeds, research and development initiatives, and trade regulations.

Health Considerations: In recent years, there has been an increasing focus on the health aspects of vegetable oils. Consumers are becoming more conscious of factors such as trans fats, saturated fats, and overall nutritional value. This has led to a growing demand for healthier vegetable oil options and increased awareness of oil labeling and quality standards.

It's important to note that the vegetable oils industry is subject to market fluctuations, global commodity prices, weather conditions, and government policies, which can impact production, prices, and trade dynamics. For the most up-to-date information and statistics on the vegetable oils industry in India, it is advisable to refer to industry reports, trade publications, and official government sources.

[palmoilnews]

Malaysian palm oil rises on bargain buying KUALA LUMPUR: Malaysian palm oil futures rose for a fourth straight session on Thursday, buoyed by stronger rival Dalian oils and bargain buying. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange rose 86 ringgit, or 1.79%, to 4,884 ringgit ($1,099.01) a metric ton at the close. Crude palm oil futures were seen recovering, after opening lower, on bargain buying as tightness in palm oil supply persists, said Anilkumar Bagani, research head at Sunvin Group. Separately, a Kuala Lumpur-based trader said the overnight sell-off in Chicago soyoil had a spillover effect on crude palm oil futures this morning, but the uptick in rival Dalian oils prevented prices from falling further. Dalian’s most-active soyoil contract rose 0.1%, while its palm oil contract added 1.56%. The Chicago Board of Trade was closed for the Thanksgiving holiday. Palm oil tracks the price movements of rival edible oils as it competes for a share of the global vegetable oils market. Oil prices were flat on Thursday after a surprise jump in US gasoline inventories and postponement of the OPEC+ meeting on output policy to Dec. 5 from Dec. 1. Stronger crude oil futures make palm a more attractive option for biodiesel feedstock. The ringgit, palm’s currency of trade, weakened 0.09% against the US dollar, making the commodity cheaper for buyers holding foreign currencies.

[chemanalystdata]

Formaldehyde Prices Trend | Pricing | News | Database | Chart

 Formaldehyde, a widely used chemical in various industries, plays a crucial role in manufacturing resins, adhesives, textiles, and plastics. Its pricing is influenced by a myriad of factors, including raw material costs, production dynamics, demand-supply trends, and geopolitical events. Methanol, a key feedstock in formaldehyde production, directly affects its cost. Fluctuations in methanol prices due to changes in crude oil rates, supply chain disruptions, or seasonal demand swings often ripple through the formaldehyde market. Additionally, the operational costs at manufacturing facilities, including energy costs and environmental compliance measures, contribute significantly to the final pricing structure.

The global demand for formaldehyde is driven by its extensive use in construction, automotive, and consumer goods industries. Regions with high industrial and construction activity, such as Asia-Pacific, particularly China and India, dominate the consumption landscape. These regions also play a critical role in determining formaldehyde prices globally due to their significant production capacities and export activities. Economic growth, urbanization, and infrastructure development projects in these areas boost the demand for formaldehyde-based products, consequently impacting pricing trends. However, in regions with stringent regulations on formaldehyde emissions and usage, prices may reflect the cost of compliance or reduced demand due to alternative products gaining traction.

Get Real time Prices for Formaldehyde: https://www.chemanalyst.com/Pricing-data/formaldehyde-1214

Seasonal variations in the construction and furniture industries, major consumers of formaldehyde-based adhesives and resins, also influence its pricing. The peak construction seasons often witness heightened demand, pushing prices upwards. Conversely, economic downturns or slowdowns in these industries can lead to reduced demand, creating downward pressure on prices. The automotive industry, another significant consumer, adds to these dynamics as fluctuations in vehicle production numbers affect formaldehyde demand and pricing. Furthermore, advancements in production technologies, which enhance efficiency and reduce waste, can moderate cost structures and offer price stability.

The global formaldehyde market is also affected by macroeconomic factors, such as currency exchange rates, trade policies, and geopolitical stability. Export-oriented markets often adjust prices to remain competitive in international trade. Any disruption in the global supply chain, whether due to political tensions, natural disasters, or logistical challenges, can lead to supply shortages or surpluses, directly impacting formaldehyde pricing. For example, port congestions or delays in raw material shipments can elevate costs, while overproduction can result in excess inventory and lower prices.

Environmental regulations and sustainability concerns increasingly shape the formaldehyde market. Many governments worldwide have implemented stricter guidelines on formaldehyde emissions and usage due to its potential health and environmental impacts. These regulations may increase production costs as manufacturers invest in advanced technologies to meet compliance requirements, translating to higher prices for end-users. On the other hand, the push for greener alternatives and low-emission formaldehyde products has opened up niche markets, where pricing dynamics differ due to premium pricing for sustainable options.

Global market competition among major formaldehyde manufacturers adds another layer to price dynamics. Producers with integrated operations, having control over both methanol and formaldehyde production, often have cost advantages and can offer competitive pricing. Smaller producers or those reliant on external methanol suppliers may face higher production costs, reflected in their pricing. The introduction of innovative products, such as urea-formaldehyde and phenol-formaldehyde resins, diversifies the market and introduces price variation based on specific application requirements.

Price trends are further shaped by ongoing research and development activities aimed at improving formaldehyde production efficiency and reducing its environmental footprint. Innovations in catalysts and process optimizations help manufacturers lower production costs, providing a competitive edge in pricing. Additionally, collaborations between industry players to develop and promote eco-friendly formaldehyde alternatives influence the overall market pricing structure. As consumer awareness of sustainability grows, the demand for such alternatives increases, potentially creating a two-tier pricing system in the market.

The long-term outlook for formaldehyde prices depends on a balanced interplay of these factors. Rapid industrialization in emerging economies and continuous advancements in end-user applications suggest sustained demand, which could keep prices stable or on an upward trajectory. However, challenges such as regulatory pressures, alternative product developments, and economic uncertainties could introduce volatility. Manufacturers and stakeholders in the formaldehyde market must remain adaptive to these evolving trends to maintain competitiveness and profitability.

Get Real time Prices for Formaldehyde: https://www.chemanalyst.com/Pricing-data/formaldehyde-1214

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[hmatrading0]

This Week's Gold Price Predictions: An Analysis of Market Factors

Due to its reliance on several global economic factors, it is challenging to the exact movement of gold rate forecast over a week. Gold prices can be immediately impacted by interest rates, inflation statistics, geopolitical issues, and shifts in the value of the US dollar.

Please visit our blog - https://hmatrading.in/gold-rate-forecast/ Address: Ground Floor, D - 113, D Block, Sector 63, Noida, Uttar Pradesh 201301 Phone: 9625066561

[naviamarkets]

How to Choose the Best Commodity Trading App for Your Investment Needs

Choosing the right commodity trading app can make a significant difference in your trading journey, allowing you to maximize your potential while simplifying your experience. Here’s how to evaluate the best app for your investment needs:

1. Intuitive Design

A well-designed app with a simple, user-friendly interface makes navigation effortless, enabling smooth trade execution and portfolio management.

2. Competitive Brokerage Charges

Low brokerage fees can make a significant difference to your bottom line, helping you maximize profits with every trade.

3. Real-Time Market Insights

Accurate live prices, in-depth market trends, and advanced analysis tools empower you to make well-informed and timely trading decisions.

4. Diverse Trading Options

A robust app should offer access to a wide variety of commodities, including precious metals, energy, and agricultural products, ensuring ample opportunities for portfolio diversification.

5. Advanced Security Features

Choose a platform that places a high priority on protecting your data and funds through cutting-edge encryption and strict compliance with regulatory standards.

6. Effortless Integration

The ideal app seamlessly integrates with your Demat and bank accounts, ensuring smooth fund transfers and hassle-free trading.

7. Responsive Customer Support

Timely and reliable customer service is essential to resolve trading concerns, guiding you through technical issues and market uncertainties effectively.

8. Test with a Demo Account

Many trading apps offer demo accounts that allow you to practice trading in a risk-free environment. This is an excellent way to test the app’s features and functionality before committing.

9. Read Reviews and Ratings

User reviews and ratings on app stores and forums can provide valuable insights into the app’s performance, reliability, and user satisfaction.

Why Navia is Your Best Choice for Commodity Trading

When it comes to choosing the right platform, Navia stands out with its unmatched features and customer-focused approach:

User-Friendly Platform: Navia’s app and web platforms are intuitive, enabling quick trade execution and easy portfolio monitoring.

Low Brokerage Fees: Trade profitably with one of the most cost-effective brokerage structures in the market.

Comprehensive Market Insights: Access real-time updates, advanced charts, and analysis tools to stay ahead of trends.

Diverse Commodity Options: Trade a wide variety of commodities, including gold, silver, crude oil, and agricultural products.

Top-Notch Security: Navia ensures your data and funds are protected with robust encryption and SEBI compliance.

Integrated Accounts: Seamless integration with Demat and savings accounts for efficient fund management.

Expert Support: Navia’s dedicated team is always ready to assist, ensuring a smooth trading experience.

Free Demo Account: Test the platform and familiarize yourself with its features through a demo account before trading live.

Start Trading with Navia Today

Open your commodities trading account with Navia and enjoy world-class tools, real-time insights, and low brokerage fees tailored to your needs.

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Navia is your trusted partner for smarter, secure, and successful commodity trading!

[dragonflycap]

4 Trade Ideas for Caterpillar: Bonus Idea

Caterpillar, $CAT, comes into the week at short term resistance in a pullback and over the 20 day SMA for the first time in over a month. The Bollinger Bands® are squeezed in, often a precursor to a move and it has retraced 38.2% of the last leg higher. It has a RSI at the midline and rising, a positive divergence, with the MACD crossed up and rising but negative. There is resistance at 333.50 and 337.50 then 351.50 and 355.50 before 364 and 373 with the all-time high at 379.30 above that. Support lower is at 330 and 325 then 321. Short interest is low at 2.4%. 

The stock pays a dividend with an annual yield of 1.69% and will trade ex-dividend n July 24th. The company is expected to report earnings next on July 30th. The July options chain shows biggest open interest at the 330 strike on the put side and at the 350 call strike. The August chain shows open interest spread from 330 to 280, biggest at 290 then 310, on the put side. On the call side it is biggest at 330 then fades to 370. The September chain has biggest open interest at the 290 put and the 330 call strikes.

Caterpillar, Ticker: $CAT

Trade Idea 1: Buy the stock on a move over 333.50 with a stop at 321.

Trade Idea 2: Buy the stock on a move over 333.50 and add an August 320/310 Put Spread ($3.00) while selling the September 380 Call ($2.90).

Trade Idea 3: Buy the July/August 340 Call Calendar ($6.80) while selling the July 325 Puts ($2.70).

Trade Idea 4: Buy the September 320/340/370 Call Spread Risk Reversal (30 cents).

Start of Summer Annual Sale! Hi all the Start of Summer Annual Sale is entering its last day at Dragonfly Capital. Get an annual subscription for 38.2% off or pay quarterly for 15% off. Both auto-renew at that discounted rate until you decide to leave.

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the 2nd Quarter of 2024 in the books and heading into the holiday shortened week, saw equity markets showing resilience with a rebound from a pullback and large caps and tech names holding at the highs.

Elsewhere look for Gold to continue its consolidation after the record move higher while Crude Oil consolidates in a broad range. The US Dollar Index continues the short term move to the upside while US Treasuries continue in their secular downtrend. The Shanghai Composite looks to continue the downtrend while Emerging Markets consolidate under long term resistance.

The Volatility Index looks to remain very low and stable making the path easier for equity markets to the upside. Their charts look strong, especially on the longer timeframe. On the shorter timeframe both the QQQ and SPY are showing signs of a possible reset on momentum measures as both are extended. The IWM continues to lag in a long term channel. Use this information as you prepare for the coming week and trad’em well.

[mariacallous]

US Plans 200% Tariff on Russia Aluminum as Soon as This Week

The US is preparing to slap a 200% tariff on Russian-made aluminum as soon as this week to keep pressure on Moscow as the one-year anniversary of the invasion of Ukraine nears, according to people familiar with the situation. 

President Joe Biden has yet to give the official go-ahead, and there have been concerns in the administration about collateral damage on US industries, including aerospace and automobiles, said the people, who asked not to be identified discussing internal deliberations. 

The move, which has been contemplated for months, is also aimed at Russia, the world’s second-largest aluminum producer, because Moscow has been dumping supplies on the US market and harming American companies. The timing of the decision could slip past this week, one of the people said. 

The White House National Security Council didn’t immediately respond to requests for comment.

The escalation of pressure on Moscow comes after Washington unleashed unprecedented levels of sanctions to punish and isolate President Vladimir Putin’s government, including freezing its central bank assets globally, targeting its banking, technology and defense sectors and sanctioning individuals linked to Putin.

The move against aluminum also continues efforts by the US and European Union to blunt Russia’s role as global commodities powerhouse. The EU has banned imports of Russian oil, gas and fuels in an attempt to cut its reliance on Moscow. The impact of that move, however, has been mitigated by a redrawing of the global oil trade map, with most crude supplies going now to China and India at lower prices.

There’s no indication so far that the EU is planning a similar move on Russian aluminum. 

US Market

Russia, the world’s largest aluminum producer after China, has been a significant source of material for the US market. Most of it is value-added items, rather than in bulk product, with US buyers ranging from building and construction to automotive.

Such a steep tariff would effectively end US imports of the metal from Russia. While the country has traditionally accounted for 10% of total US aluminum imports, the amount has dropped to just more than 3%, according to US trade data.

The tariff option would be less severe than actions considered last year by the administration, including an outright ban or sanctions on Russia’s sole producer of the metal, United Co. Rusal International PJSC. Such a move risked wider market disruptions, by making Russian supplies essentially toxic for buyers globally. 

Rusal shares in Moscow were trading down as much as 3% on Monday after the news. The company declined to comment.

As the White House has weighed action on Russian aluminum, buyers in the US had been discussing the potential of alternate supply in the event of a ban, tariff or sanction. Industry participants in recent months have also tried to game plan where Russian metal would go if it was suddenly blocked out of the US market, as well as Europe, with many speculating that it could be transshipped via China or other countries and reexported, obscuring its origins.

Industry Support

Aluminum prices dropped about 15% last year amid worries of a slowing global economy and the ongoing pandemic lockdowns in China, the world’s largest consumer. 

Aluminum futures traded on the London Metal Exchange on Monday briefly erased gains and rose as much as 0.6% on news of the tariffs, before declining 1.7% to $2,526.50 a metric ton as of 3:25 p.m. London time.

The Aluminum Association, a trade group that represents the industry in the US, said in a statement Monday that “the aluminum industry stands in support of any and all efforts deemed necessary by the US government and its NATO allies” to address Russia’s invasion. “This is a global security and humanitarian disaster that goes far beyond the interests of any single industry.”

US imports of Russian aluminum had dropped to near zero in October as the administration weighed a ban, worrying domestic buyers who didn’t want to be stuck with the material. Imports rebounded to 11,600 tons in November before easing back to 9,700 tons in January.