#crude oil inventory

[chemanalystdata]

C9 Solvent Prices, Price Trend, Pricing, News, Analysis & Forecast

North America:

During the initial quarter of 2024, C9 Solvent prices in the North American market took a downward turn, largely influenced by increased competition from cheaper imports and softened demand from the Paints and Coating industry post-festivities. The US market, in particular, experienced a significant price dip due to heightened overseas imports offering more competitive pricing. Despite ample product supply domestically, including port inventories, subdued demand and increased selling pressures contributed to the overall bearish trajectory. As the Red Sea crises normalized and freight rates declined towards the quarter's end, the bearish trend in the US C9 Solvent market further solidified. Meanwhile, the construction industry showcased positive growth, with notable increases in completed houses and new constructions, offering a contrasting upward trajectory amidst the market's downturn.

Europe:

The European C9 Solvent market, especially in Germany, faced a bearish trend during Q1 2024, primarily driven by increased imports of cheaper alternatives and reduced raw material costs. Subdued demand persisted in the downstream Paints and Coating sector post-festivities, maintaining ample product supply domestically. The market's bearish trajectory was accentuated by sluggish demand, heightened selling pressures, and a notable decline in the construction industry by the quarter's end, reflecting broader economic uncertainties and pessimism among constructors. Housing projects, commercial ventures, and civil engineering activities all experienced contractions, further dampening market sentiment amidst prevailing uncertainties.

Get Real Time Prices of C9 Solvent: https://www.chemanalyst.com/Pricing-data/c9-solvent-1467

APAC:

In the APAC region, the C9 Solvent market remained stable throughout Q1 2024, characterized by unchanged prices and a balanced demand-supply dynamic. Low demand prompted cautious trading practices and optimized inventories, supported by falling global crude oil prices. South Korea experienced the most significant price changes, yet overall stability prevailed throughout the quarter. Seasonal fluctuations were negligible, with no significant deviations observed compared to the same quarter last year. The pricing environment in South Korea, particularly, remained steady, showcasing consistency amid market equilibrium.

MEA:

The MEA region, notably the United Arab Emirates, witnessed notable fluctuations in C9 Solvent pricing during Q1 2024, influenced by factors such as costly imports, crude oil price fluctuations, and global growth concerns. Supply dynamics fluctuated due to disruptions in the Red Sea shipping initially but improved later in the quarter, stimulating trading activities. Demand remained stable, particularly from the paints and coating sector. Overall, market sentiment leaned towards bullish, with prices increasing in February and stabilizing in March. Despite fluctuations, a positive outlook characterized the quarter, with expectations of stability amidst potential feedstock crude oil price increases. In summary, the MEA region, including the United Arab Emirates, experienced varied pricing dynamics for C9 Solvent, ultimately stabilizing with optimistic prospects for Q1 2024.

Get Real Time Prices of C9 Solvent: https://www.chemanalyst.com/Pricing-data/c9-solvent-1467

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[usafphantom2]

I’ll be starting my series of posts on the night offensive against Britain of 1940/41 shortly, so I thought it might be helpful to examine the opposing forces, starting with the Luftwaffe. I’ll look at the British defences next.

The overwhelming majority of German aircraft used during the Blitz were Heinkel 111s and Junkers 88s. Both had a relatively modest bomb load by later standards, to a maximum of 3,500kg and 3,000kg respectively; usual loads were somewhat less. Dornier 17s were also employed, but due to their limited range and bomb capacity, they were rapidly being phased out. The aircraft were initially crudely overpainted with black distemper for night operations, though over time more permanent camouflage was used.

As well as traditional ‘Dead Reckoning’ navigation or the use of visible landmarks, Luftwaffe crews also had various electronic aids. All bombers were fitted with ‘Knickebein’ receivers, which used converging radio beams to identify a target. But the Luftwaffe also established pathfinder squadrons, most notably Kampfgruppe 100, equipped with the more accurate X-Verfahren and Y-Verfahren. These would use incendiary bombs and parachute flares to illuminate targets for the main bomber force. In time, these electronic systems were successfully jammed, and the RAF learned important lessons for their future operations against Germany.

The standard German high explosive general purpose bomb of the period was the SC series, with the SC 50, SC 250 and SC 500 being the most commonly used. The number denotes their weight in kilograms. Only the first two could be loaded internally on the He111 or Ju88, with anything larger using external racks. Then came the SC1000 ‘Hermann’, SC1800 ‘Satan’ and finally the SC2500 ‘Max’. The last of these could only be carried by the Heinkel 111, and just two specially trained crews from KG26 were authorised to drop them.

Incendiary bombs were arguably the most destructive weapon employed by the Luftwaffe, especially in conjunction with high explosives. The standard 1 and 2kg bombs were packed into containers which split open to release them over the target. Though light, their velocity was enough to penetrate into roof spaces, where they could ignite undetected. Packed with thermite, they burned hot enough to melt through steel, but could be extinguished before doing significant damage if found in time. There was also the 250kg or 500kg Flammenbombe or ‘Flambo’, which used an oil incendiary mixture to ignite a much larger area. However, these often failed to explode and were largely discontinued in 1941.

Another important weapon in the Luftwaffe inventory was the 500kg or 1,000kg Luftmine, or parachute mine. These had been designed for use against naval targets, but proved highly effective, albeit inevitably inaccurate, on land. Consisting of 60-70% high explosive, they produced devastating blast damage across a wide area, as they didn’t penetrate the ground. A 25 second clockwork fuse was triggered on impact. In practice this was prone to failure, especially when the parachute caught on an obstacle, and a number of mines didn’t explode.

Pictured:

1) Night camouflaged Heinkel 111 of Kampfgruppe 100, the Luftwaffe’s first pathfinder squadron.

📷 worldwarphotos.info

2) ‘Bombed up’ Junkers 88 with hastily-applied black paint at Beauvais, France.

📷 worldwarphotos.info

3) Police and Army Bomb Disposal officers with a defused 1000kg Luftmine in Glasgow, March 1941.

📷©️IWM H 8281

4) The 1kg incendiary, and its 2kg counterpart, was carried either by means of containers that were mounted on internal bomb racks, and released to open at a predetermined point, or from large pods, holding up to 700 bombs, that remained on the aircraft’s external pylons.

📷©️IWM MUN 3291

@JamieMcTrusty via X

[starseedfxofficial]

Yearly WTI Trends Revealed: Insider Secrets for Smarter Oil Trading The Yearly WTI Game Plan: Secrets Even the Pros Don't Talk About Imagine trying to buy a year's supply of coffee and discovering the price changes every single day. Welcome to the world of crude oil trading! Specifically, WTI (West Texas Intermediate), which is the heartbeat of oil prices and impacts everything from gas prices to your favorite avocado toast. But what if I told you there are yearly patterns hidden beneath the surface—patterns that most traders overlook, even the experienced ones? Grab a mug (hopefully not a year's supply of coffee) because we’re diving into WTI's yearly trends that can revolutionize your trading strategy. The Unseen Yearly Rhythm of WTI Most traders approach WTI like it's a moody friend—always changing and impossible to predict. But here's the hidden secret: WTI follows a yearly rhythm, like a song stuck on repeat. Just like how the best time to buy winter jackets is in spring, there are times of the year when WTI tends to peak or dip based on historical data. Analyzing this gives you a strategic edge that can mean the difference between profits and regrets. According to a study by the U.S. Energy Information Administration (EIA), WTI prices are historically higher in late spring and early summer. The reason? Increased gasoline demand, vacations, and a whole lot of people hitting the road. By the time fall rolls around, prices often dip, thanks to refinery maintenance and lower demand. Knowing this rhythm is like having insider knowledge of when the store's going to put your favorite sneakers on sale. "But here's where the real magic happens..." It’s not just about knowing the peak and dip seasons; it’s about timing your entries and exits to profit from these cyclical movements. Let’s dig into some practical tactics you can use to leverage these yearly trends. Seasonal Spread Trading Ever heard of spread trading? No, it’s not the new avocado toast variety—it's an advanced trading strategy that helps minimize risk. Seasonal spread trading with WTI is a hidden gem even many pro traders overlook. You take advantage of the price difference between contracts of different months. For instance, buying a cheaper contract now and selling a more expensive one later (hint: remember that summer spike). This way, you profit from the seasonal changes while minimizing the exposure to unpredictable day-to-day volatility. And let’s add a bit of humor here—spread trading is like buying Christmas gifts in July and selling them at holiday prices to all the late shoppers. It sounds unconventional, but it’s a proven way to gain an edge when dealing with WTI. The Green Energy Wildcard Most traders focus on OPEC meetings or U.S. inventory reports, but there’s an undercurrent that’s changing the game—renewable energy trends. We know what you’re thinking, "What does solar energy have to do with my WTI trades?" Well, a lot, actually. The increasing push for renewable energy is influencing investor sentiment around crude oil. Every year, as governments announce new climate initiatives or push electric vehicle adoption, WTI futures react, often shifting investor focus from long-term bullish to bearish. This wildcard can be your secret weapon. Imagine being able to anticipate price moves because you understand that a major country is implementing a renewable energy policy next quarter. Suddenly, those yearly WTI trends look a lot more predictable, don’t they? Why Most Traders Get It Wrong (And How You Can Avoid It) One major mistake traders make is treating WTI like a one-size-fits-all asset. They think, "If it worked in January, it'll work in August." But oil markets have more mood swings than my uncle when he misses his afternoon nap—and for good reason. Different geopolitical factors, demand cycles, and even hurricanes can shake the market. Here’s a myth-busting fact: despite common belief, crude oil doesn’t always respond directly to inventory changes. Sure, a drop in inventories might signal higher prices, but if it happens during a seasonal maintenance period, demand might not follow through. It’s like trying to sell ice cream in winter—there’s just no demand. Knowing when demand will sync with these inventory reports is where elite traders separate themselves from the herd. How to Predict Market Moves with Precision Wouldn't it be great if we had a crystal ball? Unfortunately, I left mine in the 90s along with my collection of trading cards. But the next best thing is understanding leading indicators that can predict WTI price shifts. For instance, the U.S. rig count often gives a glimpse into future supply trends. If the rig count is rising steadily, it usually means higher future supply, putting downward pressure on prices. Another advanced tactic is tracking CFTC’s Commitment of Traders (COT) report. This gives you insights into what the big institutional players are doing—are they adding to long positions, or are they betting on a drop? Aligning your trades with the big boys can help you ride the wave instead of getting caught under it. The Smart Money's Secret Weapon: Hedging and the Yearly Dance If you’ve ever felt like WTI trades can be like dancing with a clumsy partner—one wrong move, and you're stepping on toes—you're not alone. Smart traders hedge their bets, quite literally. Hedging during specific periods when volatility is expected (like hurricane season in the Gulf of Mexico) can save your portfolio from being blown away. Think of hedging as wearing protective gear during a contact sport—sure, you can play without it, but why risk it when you know things could get rough? A Yearly Trading Plan To capitalize on WTI’s yearly movements, you need a plan—a free trading plan can help you set goals, manage risks, and track progress. We offer one at StarseedFX's Free Trading Plan, designed specifically to help traders make sense of cyclical markets like WTI. Start by identifying key seasonal trends, set alerts for significant news, and be ready to adjust your plan if the fundamentals change. In addition, join our StarseedFX Community for live trading insights and daily alerts. The community is buzzing with expert analysis and real-time alerts to help you stay ahead of the curve. The Ninja Tactics for Yearly WTI Trends Trading WTI is not about timing the market with perfection—it’s about using yearly patterns, insider tactics, and a whole lot of smart planning to make the market work for you. Whether it's mastering seasonal spread trading, leveraging the green energy wildcard, or dancing with smart money through hedging, the key is to stay one step ahead by thinking differently. So next time you're looking at a WTI chart, don’t just see the ups and downs—see the rhythm, feel the dance, and, most importantly, trade like you've got the inside scoop. If you want exclusive strategies, don’t forget to check out our Forex Education resources for more of these hidden gems. Let’s turn those charts into profit opportunities! —————– Image Credits: Cover image at the top is AI-generated   Read the full article

[leprivatebanker]

U.S. Crude Oil Stockpiles Increase Amid Higher Imports

U.S. crude oil inventories rose last week as an increase in imports offset a decline in production, while refineries ran at a lower rate than the week before.

[palmoilnews]

VEGOILS-Palm oil falls on heavy losses at Dalian rival oils JAKARTA, Nov 13 (Reuters) - Malaysian palm oil futures fell for a second session in a row on Wednesday, dragged down by the heavy losses in prices of rival vegetable oils in Dalian. The benchmark palm oil contract FCPOc3 for January delivery on the Bursa Malaysia Derivatives Exchange lost 114 ringgit, or 2.27%, to 4,912 ringgit ($1,103.57) a metric ton by the midday break. "Prices have sharply declined below the 5,000 ringgit level, exacerbated by weakness in the Chinese-related vegetable oils market. This suggests a consolidation following the recent bull run from Sept. 18 to Nov. 11," said Darren Lim, commodities strategist at Singapore-based brokerage Phillip Nova. Dalian's most-active soyoil contract DBYcv1 plunged 4.67%, while its palm oil contract DCPcv1 tumbled 4.71%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 1.36%. Palm oil tracks the price movements of rival edible oils as it competes for a share in the global vegetable oils market. Chicago soybean futures took a sharp dive on Tuesday as traders worried that U.S. President-elect Donald Trump's nominee for the head of the U.S. Environmental Protection Agency would take a less-than-friendly view of the biofuel industry, analysts said. Exports of Malaysian palm oil products in the Nov. 1-10 period are estimated to have dropped between 14.6% and 15.8% from the same period a month ago, according to surveyors AmSpec Agri Malaysia and Intertek Testing Services (ITS). Malaysia's palm oil inventory shrank the most in seven months in October as exports surged, production fell and domestic consumption increased, the country's industry regulator said on Monday. Oil prices edged up on the day on signs of near-term supply tightness but remained near their lowest in two weeks, a day after OPEC downgraded its forecast for global oil demand growth in 2024 and 2025. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock. Palm oil may break support at 5,017 ringgit and fall into the 4,882-4,947 range. The current correction is expected to consist of three waves, according to Reuters' market analyst for commodities and energy technicals Wang Tao. ($1 = 4.4510 ringgit)

[accapitalmarket]

Nasdaq sharply lower, oil spikes ahead of NFP

US stocks ended lower on Thursday as tech issues took a hammering following warnings from Meta Platforms and Microsoft about rising AI costs with their earnings which were released after-hours on Wednesday.

The mood was also cautious ahead of more mega-cap tech earnings from Apple, down 1.8%, and Amazon, off 3.4%, posted after the Thursday close.

In the event, Apple reported record third quarter revenue but saw a decline in net income, with its shares falling 1.9% in after-hours trade. But Amazon jumped 5.6% after-hours as its numbers beat market expectations.

And chipmaker Intel, having fallen 3.5% during the session, leapt 15% higher in after-hours trading following its results, with investors excited by an improved outlook.

At the closing bell in New York, the blue-chip Dow Jones Industrial Average was 0.9% lower at 41,763, while the broader S&P 500 shed 1.9% to 5,705, losing all its monthly gains, and the tech-laden Nasdaq Composite dropped 2.8% to 18,295

NAS100 H4

Putting on the pressure, Facebook and Instagram owner Meta fell 4.1% and software giant Microsoft dropped 6.5% on the AI concerns, even as both saw their earnings for the third quarter beat expectations.

Among other results on Thursday, eBay fell 8.1% after the eCommerce firm reported disappointing guidance for the crucial holiday shopping season.

Robinhood slumped 16.7% after the trading platform reported that its third-quarter earnings missed expectations, although crypto trading volume and revenue doubled year-on-year.

Uber Technologies fell 9.3% after the ride-hailing firm’s gross bookings grew at its slowest pace in over a year, even as it edged past quarterly profit estimates.

And Estee Lauder slumped 20.9% after the cosmetics giant reported a revenue miss and withdrew its fiscal 2025 outlook amid ongoing challenges in China and travel retail.

But Comcast rose 3.4% after the NBC owner reported higher quarterly sales and said it may spin off its cable networks.

US economic data released on Thursday showed that the personal consumer expenditures (PCE) index - a key inflation metric closely monitored by the Federal Reserve - slowed to an annualised growth rate of 2.1% in September, in-line with economists’ expectations, down from an upwardly revised reading of 2.3% in August. Meanwhile, the core PCE metric came in at 2.7% annually, above expectations of 2.6% but equaling August's growth.

Elsewhere, as traders await Friday’s September non-farm payrolls report, the latest weekly jobless claims dipped to 216,000, down from 228,000 in the prior week.

Meanwhile, US employers announced 55,597 job cuts in October, according to the latest Challenger survey, down from September's reading of 72,821 but markedly higher than 36,836 at the same time a year earlier.

Finally, the Chicago Fed's purchasing managers index sank to 41.6 in October, according to the Institute of Supply Management, down from 46.6 in September and well short of expectations for a reading of 47.0.

The key figures all come with Federal Reserve officials set to meet next week to contemplate their next policy decision having moved to cut borrowing costs by a bigger than expected 50 basis points in September. The latest interest rate decision comes on Wednesday, November 7, just two days after the too-close-to-call US Presidential election.

On the commodities front, oil prices rose on Thursday, extending a rally made in the previous session due to stronger than expected US fuel demand and reports that OPEC+ could delay a planned output increase.

USOIL H1

US gasoline stockpiles fell by more than expected to a two-year low in the week ending October 25, according to the Energy Information Administration, while crude inventories registered a surprise drawdown as imports slipped.

US WTI crude rose 2.8% to $70.53 a barrel, while UK Brent crude gained 2.5% to $74.02 a barrel.

Disclaimer: The information contained in this market commentary is of general nature only and does not take into account your objectives, financial situation or needs. You are strongly recommended to seek independent financial advice before making any investment decisions. Trading margin forex and CFDs carries a high level of risk and may not be suitable for all investors. Investors could experience losses in excess of total deposits. You do not have ownership of the underlying assets. AC Capital Market (V) Ltd is the product issuer and distributor. Please read and consider our Product Disclosure Statement and Terms and Conditions, and fully understand the risks involved before deciding to acquire any of the financial products provided by us. The content of this market commentary is owned by AC Capital Market (V) Ltd. Any illegal reproduction of this content will result in immediate legal action.

[neharay]

Understanding Supply Chain Management in Petroleum Industry: A Guide to Efficiency and Resilience

Introduction to Supply Chain Management in Petroleum Industry

Supply chain management in the petroleum industry plays a crucial role in ensuring that operations run smoothly from extraction to end-user delivery. Given the industry's complexity and reliance on timely logistics, having a well-organized supply chain is essential for efficiency, safety, and cost control. This guide covers the basics of supply chain management and why it's vital to the petroleum sector's success.

What is Supply Chain Management in Petroleum Industry?

Supply chain management (SCM) in petroleum industry encompasses all processes involved in moving crude oil from extraction sites to refineries and finally to distributors. This includes everything from procurement and logistics to inventory control and distribution. Effective SCM minimizes delays and reduces risks associated with transporting valuable petroleum products across vast distances.

Key Components of Petroleum Supply Chain Management

Procurement and Supplier Management

Procurement is the foundation of any supply chain, and in petroleum, managing supplier relationships is essential. Reliable suppliers ensure that essential materials, such as drilling equipment, arrive on time, supporting uninterrupted operations.

Logistics and Transportation

The transportation of crude oil and refined products is complex and high-risk, involving various modes such as pipelines, tankers, and trucks. Efficient SCM coordinates these transportation efforts, managing routes, schedules, and compliance to prevent delays and avoidable costs.

Inventory Management

Accurate inventory management is crucial for preventing product shortages or oversupply. In petroleum, managing inventory means keeping track of both crude oil supplies and finished products, helping companies align supply with market demand.

Risk Management and Compliance

Given the regulatory pressures in the petroleum industry, managing risk is critical. Effective SCM ensures that environmental and safety regulations are met, minimizing financial and legal risks.

Importance of Technology in Petroleum Supply Chain Management

Advanced technologies like AI, IoT, and blockchain play a transformative role in petroleum SCM. These innovations provide real-time tracking, predictive maintenance, and data analytics, all of which help streamline operations and increase transparency.

Benefits of Efficient Supply Chain Management in Petroleum Industry

Cost Savings: By optimizing transportation and minimizing delays, SCM helps reduce costs significantly.

Risk Mitigation: A well-managed supply chain reduces risks, from operational disruptions to regulatory penalties.

Enhanced Flexibility: Effective SCM allows companies to quickly respond to market changes and shifting demand.

FAQ: Supply Chain Management in the Petroleum Industry

Q1: Why is supply chain management critical in the petroleum industry? A: SCM is essential in petroleum because it manages the entire process from extraction to distribution, helping reduce costs, ensure safety, and maintain regulatory compliance.

Q2: What challenges does SCM face in petroleum? A: Petroleum SCM faces challenges like logistical complexities, environmental regulations, and fluctuating global demand, all of which require strategic management to overcome.

Q3: How does technology impact petroleum supply chain management? A: Technology enhances SCM by providing real-time tracking, predictive analytics, and automated solutions, making the entire process more efficient and transparent.

With a robust supply chain management approach, the petroleum industry can achieve more efficient, safe, and sustainable operations, all while adapting to the evolving energy landscape.

Conclusion

In the highly competitive petroleum sector, supply chain management is the backbone of operational efficiency. With a comprehensive approach to SCM, petroleum companies can improve logistics, manage risks, and enhance overall profitability. Embracing technology and robust SCM strategies ensures a sustainable supply chain capable of adapting to industry demands.

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[equitylogistic]

Types of Logistics Services in India You Should Know About

Logistics plays a crucial role in the economic growth and development of any country. In India, with its diverse geography and expansive economy, logistics services are essential for the smooth functioning of industries and the movement of goods across the country. The Logistics services in India is vast and varied, offering a range of services tailored to meet the needs of businesses, both big and small. Understanding the different types of logistics services available can help businesses choose the right partner for their supply chain needs.

In this article, we'll explore the major types of logistics services available in India, including their features, benefits, and how they contribute to the overall economy.

1. Transportation Services

Transportation is the backbone of the logistics industry. In India, transportation services can be broadly categorized into:

Road Transport: Road transport is the most common form of logistics service in India, accounting for a significant portion of the country's total logistics market. The extensive network of highways and roads allows for the movement of goods across cities, towns, and rural areas. Road transport is particularly popular for short to medium-distance hauls. It includes services like full truckload (FTL), less than truckload (LTL), and small parcel delivery.

Rail Transport: Indian Railways is one of the world's largest rail networks and plays a vital role in transporting goods across the country. Rail transport is highly efficient for moving bulk goods over long distances, such as coal, steel, cement, and agricultural products. It is a cost-effective option for businesses looking to move large volumes of goods across states.

Air Transport: Air cargo services are used for transporting high-value, time-sensitive goods. Though more expensive than other modes, air transport is the fastest way to move goods across long distances, making it ideal for perishable items, pharmaceuticals, and urgent shipments.

Sea Transport: With a long coastline, India has several major ports that handle a significant portion of the country's international trade. Sea transport is essential for the import and export of goods, particularly bulk commodities like crude oil, iron ore, and grain. It is the most cost-effective mode for long-distance international logistics.

2. Warehousing Services

Warehousing is a critical component of the logistics industry, providing businesses with a space to store their goods before they are distributed to the end consumer. In India, warehousing services have evolved significantly, offering more than just storage. Modern warehouses are equipped with advanced technology and offer value-added services like inventory management, order processing, and packaging.

General Warehousing: These are standard storage facilities used for storing goods for a certain period. They are suitable for businesses that need temporary storage before moving their products to the market.

Cold Storage Warehousing: Cold storage facilities are designed to store perishable goods like fruits, vegetables, dairy products, and pharmaceuticals at controlled temperatures. With the growth of the food processing industry and the demand for fresh products, cold storage has become an essential part of the logistics sector in India.

Bonded Warehousing: Bonded warehouses are facilities where imported goods can be stored without paying customs duties until they are ready to be sold or re-exported. This type of warehousing is particularly beneficial for businesses engaged in international trade.

3. Third-Party Logistics (3PL) Services

Third-party logistics providers, or 3PLs, offer comprehensive logistics solutions to businesses, allowing them to outsource their supply chain management. 3PL services can include transportation, warehousing, inventory management, order fulfillment, and more. By partnering with a 3PL, businesses can focus on their core activities while leaving the logistics to experts.

Integrated 3PL Services: These providers offer end-to-end logistics solutions, managing the entire supply chain from procurement to final delivery. They use advanced technology to optimize operations and provide real-time visibility into the supply chain.

Dedicated 3PL Services: Dedicated 3PL providers offer customized logistics solutions tailored to the specific needs of a business. They may provide dedicated vehicles, warehouses, and personnel to ensure the smooth flow of goods.

Freight Forwarding: Freight forwarders are specialized 3PL providers who arrange the transportation of goods on behalf of businesses. They manage the entire process, from booking cargo space to handling documentation, customs clearance, and final delivery.

4. E-commerce Logistics

With the rapid growth of e-commerce in India, logistics services catering specifically to online retailers have emerged. E-commerce logistics involves managing the flow of goods from the seller to the end consumer, ensuring timely delivery and a seamless shopping experience.

Last-Mile Delivery: Last-mile delivery is the final step in the e-commerce logistics process, where goods are delivered directly to the customer's doorstep. This service is crucial for ensuring customer satisfaction, as it directly impacts the delivery speed and accuracy.

Reverse Logistics: Reverse logistics involves managing the return of goods from the customer back to the seller. This service is essential for e-commerce businesses that offer hassle-free returns and exchanges to their customers.

Fulfillment Centers: Fulfillment centers are specialized warehouses where e-commerce orders are processed, packed, and shipped to customers. These centers play a crucial role in ensuring that orders are fulfilled quickly and accurately.

5. Express Delivery Services

Express delivery services are designed for businesses and individuals who need to send goods quickly and securely. These services are commonly used for sending documents, small parcels, and time-sensitive shipments. Express delivery companies offer various options, including same-day delivery, next-day delivery, and international express services.

Courier Services: Courier companies offer fast and reliable delivery of documents and small parcels within a short time frame. They are widely used by businesses for sending important documents, samples, and small items.

Parcel Services: Parcel delivery services cater to the shipping needs of both businesses and individuals. They offer various options based on delivery speed and cost, making them a flexible choice for different shipping requirements.

6. Specialized Logistics Services

Certain industries require specialized logistics services due to the unique nature of their goods. In India, several logistics providers cater to these niche markets, offering tailored solutions to meet specific needs.

Project Cargo Logistics: Project cargo logistics involves the transportation of large, heavy, or complex equipment used in industries like construction, energy, and manufacturing. This service requires specialized handling, equipment, and expertise to move oversized and overweight cargo.

Hazardous Material Logistics: Transporting hazardous materials, such as chemicals, explosives, and radioactive substances, requires strict adherence to safety regulations. Specialized logistics providers are equipped to handle these materials safely, ensuring compliance with national and international standards.

Automotive Logistics: The automotive industry relies on efficient logistics services to move vehicles, parts, and components between manufacturing plants, dealerships, and customers. Automotive logistics providers offer specialized services like vehicle transportation, just-in-time delivery, and assembly line support.

7. Customs Clearance Services

Customs clearance is a critical step in the import and export process. It involves the preparation and submission of documentation required to facilitate the movement of goods across borders. Customs clearance services ensure that shipments comply with all legal and regulatory requirements, minimizing delays and avoiding penalties.

Import/Export Documentation: Customs brokers handle the preparation of all necessary documents required for the import or export of goods, including invoices, packing lists, and certificates of origin.

Duty and Tax Calculation: Customs clearance services include calculating the duties and taxes payable on imported goods, ensuring that businesses pay the correct amount and avoid any legal issues.

Regulatory Compliance: Customs brokers help businesses navigate the complex regulatory environment of international trade, ensuring that their shipments comply with all relevant laws and regulations.

Conclusion

The Logistics services in India is a diverse and dynamic sector, offering a wide range of services to meet the needs of businesses across various industries. From transportation and warehousing to specialized logistics and customs clearance, the different types of logistics services available in India play a crucial role in supporting the country's economic growth.

As businesses continue to expand their operations and reach new markets, understanding the logistics landscape in India becomes increasingly important. By choosing the right logistics partner, businesses can optimize their supply chain, reduce costs, and improve overall efficiency, ultimately contributing to their success in the competitive Indian market.

[chemanalystdata]

Propylene Prices Trend | Pricing | News | Database | Chart

 Propylene is a vital feedstock in the petrochemical industry, playing a pivotal role in the production of various derivatives such as polypropylene, acrylonitrile, and propylene oxide. The dynamics of propylene prices are influenced by a combination of factors including supply-demand imbalances, crude oil fluctuations, and downstream market trends. Globally, propylene pricing is closely tied to the cost of crude oil and natural gas since these are the primary raw materials used in its production. Changes in crude oil prices directly affect naphtha costs, a key component in steam cracking for propylene extraction. When crude oil prices rise, naphtha becomes more expensive, leading to an uptick in propylene prices. Conversely, a drop in crude oil prices typically reduces naphtha costs, subsequently bringing down propylene prices.

The propylene market is also significantly affected by the availability and operations of production facilities. Steam crackers, fluid catalytic crackers (FCC), and on-purpose production methods like propane dehydrogenation (PDH) are the main sources of propylene. Any disruptions in these facilities, such as maintenance shutdowns or unplanned outages, can cause immediate supply constraints, resulting in price spikes. Additionally, the shift towards lighter feedstocks, like ethane, in steam crackers has reduced propylene yield, creating further pressure on its supply and subsequently its pricing. On the other hand, the emergence of propane dehydrogenation as a growing production method has somewhat mitigated these challenges, as it offers a more targeted approach to meeting the demand for propylene.

Get Real Time Prices for Propylene : https://www.chemanalyst.com/Pricing-data/propylene-51

Global economic conditions are another critical factor influencing propylene prices. During periods of economic expansion, industrial activity and manufacturing ramp up, driving higher demand for propylene derivatives, particularly polypropylene, which is widely used in packaging, automotive components, and consumer goods. This increased demand leads to upward pressure on propylene prices. In contrast, during economic downturns, reduced industrial activity tends to lower demand, often resulting in softer propylene prices. Additionally, regional variations in economic growth and industrial activity create disparities in propylene pricing across different markets. For instance, in Asia, where manufacturing and industrial activities are robust, propylene prices tend to be higher compared to regions with relatively lower industrial demand.

Trade flows and geopolitical factors also play a crucial role in shaping propylene prices. As a globally traded commodity, propylene's prices are influenced by import and export dynamics. Countries with surplus production often export to regions with deficits, with transportation costs, tariffs, and regional supply-demand balances impacting pricing. Geopolitical tensions, such as trade disputes or conflicts in oil-producing regions, can lead to uncertainty in raw material supply chains, indirectly affecting propylene availability and pricing. Moreover, environmental regulations and sustainability initiatives are becoming increasingly influential. As the petrochemical industry faces pressure to reduce emissions and adopt greener practices, costs associated with compliance can impact the overall pricing of propylene and its derivatives.

Seasonal demand patterns also have a bearing on propylene pricing. Certain derivatives of propylene, like polypropylene, experience heightened demand during specific seasons, such as the festive period when packaging requirements increase. This seasonal demand surge often translates to temporary price increases. Conversely, during periods of low demand, inventory buildup can lead to a softening of prices. The interplay of these cyclical patterns adds an additional layer of complexity to the propylene market, making it vital for industry stakeholders to monitor trends closely.

Advancements in production technologies and shifts in feedstock preferences are additional factors that influence the cost dynamics of propylene. Innovations aimed at improving production efficiency or utilizing alternative feedstocks can impact supply costs. For example, the increasing use of propane dehydrogenation, particularly in regions like the United States where shale gas has led to abundant propane supply, has affected global pricing trends. These technological and feedstock changes often alter the balance between supply and demand, further influencing propylene price fluctuations.

In recent years, the rise in sustainability initiatives and circular economy principles has added a new dimension to the propylene market. Recycled and bio-based alternatives are gaining traction as the industry moves toward reducing its carbon footprint. While these alternatives are still in the early stages of market penetration, their development could influence long-term pricing trends. However, bio-based production methods typically come at a higher cost, which may result in premium pricing compared to conventional propylene, at least during the initial adoption phase.

Market analysts often monitor propylene prices as a barometer of broader economic health and industrial activity. Fluctuations in its pricing can signal changes in manufacturing output and consumer demand patterns, reflecting the interconnected nature of global markets. For businesses dependent on propylene, price volatility presents both challenges and opportunities. Effective procurement strategies, such as hedging and long-term contracts, are often employed to manage price risk and ensure supply stability. Such strategies are critical for companies to remain competitive in markets where cost efficiency is paramount.

Looking ahead, the propylene market is expected to experience further evolution as global energy markets transition towards greener alternatives and circular economy principles gain momentum. While traditional production methods will continue to dominate in the short term, investments in sustainable technologies could redefine the cost structure of propylene production. Additionally, geopolitical developments and regional economic growth disparities will remain key determinants of propylene price trends. For stakeholders in the petrochemical industry, maintaining a nuanced understanding of these multifaceted influences is crucial for navigating the complex landscape of propylene pricing.

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[wolfthread1]

Tanvir Rana: Steering Wolf Thread Towards Global Excellence – Master of Textiles, Crude Oil, Agro, and Business Consulting

In the dynamic world of global commerce, few individuals manage to stand out as trailblazers across multiple industries. Tanvir Rana, CEO and Founder of Wolf Thread Multi-Sourcing Company, is one such visionary leader whose business acumen and expertise have left an indelible mark across a range of sectors, from textiles manufacturing and stocklot management to crude oil supply, agro sourcing, and business consulting.

With a keen eye for growth and operational excellence, Tanvir has positioned Wolf Thread as a leader in the global sourcing arena, bridging the gap between manufacturers, suppliers, and clients. Through his leadership, Wolf Thread has become synonymous with quality, trust, and exceptional service.

Let’s explore the multi-faceted leadership of Tanvir Rana and his unmatched capabilities in the core industries where Wolf Thread excels.

Textiles Manufacturing: Scaling New Heights in Global Production

The textile industry is the cornerstone of Wolf Thread’s operations, and it’s here where Tanvir Rana shines the brightest. Bangladesh is one of the largest textile producers in the world, and Tanvir has capitalized on this, turning Wolf Thread into a leading player in the global textiles manufacturing space. What sets Tanvir apart is his ability to deliver high-volume orders while maintaining uncompromised quality.

Partnerships with Bangladesh’s Leading Factories

Wolf Thread’s textile manufacturing division has grown exponentially under Tanvir’s leadership, largely due to strategic partnerships with some of the most reliable factories in Bangladesh. These factories are capable of handling massive orders, making Wolf Thread the go-to partner for international buyers seeking large quantities of garments.

Tanvir’s deep connections within Bangladesh’s manufacturing landscape allow Wolf Thread to secure production capacity even during peak demand periods, ensuring that deadlines are met consistently. From sourcing raw materials to quality control, every aspect of the manufacturing process is optimized for efficiency and cost-effectiveness.

Customized Manufacturing for Global Clients

What makes Wolf Thread’s textiles division truly unique is its ability to customize manufacturing orders according to the specific needs of clients. Whether it’s producing a new line of fashion apparel or delivering uniforms for a large corporation, Tanvir ensures that each order is tailored to perfection.

The customization process begins with understanding the client’s requirements, followed by a thorough planning phase. Tanvir personally oversees the coordination between clients and factories, ensuring that all design, quality, and material specifications are met. This meticulous attention to detail sets Wolf Thread apart from competitors who rely on generic production methods.

Sustainability and Ethical Practices

In an era where sustainability is no longer just a buzzword but a critical business practice, Tanvir Rana has committed to making Wolf Thread’s manufacturing processes as eco-friendly as possible. By working with factories that follow ethical labor practices and minimize their environmental impact, Tanvir ensures that Wolf Thread’s products not only meet high-quality standards but also align with global sustainability goals.

The textiles division has also integrated the use of sustainable fabrics like organic cotton, recycled polyester, and bamboo, catering to the growing demand for eco-conscious fashion.

Stocklot Management: Turning Challenges into Opportunities

Alongside Wolf Thread’s world-class manufacturing capabilities, Tanvir has also become an expert in the often-overlooked but highly profitable world of stocklot management. Stocklots refer to unsold or surplus inventory that manufacturers want to clear at discounted rates. These items are typically high-quality but may be from a previous season or production run.

A Niche Market with Endless Possibilities

Under Tanvir’s guidance, Wolf Thread has tapped into the vast potential of the stocklot market. While many view stocklots as a challenge — unsold items that might otherwise go to waste — Tanvir sees them as an opportunity. His ability to secure stocklots from factories in bulk allows Wolf Thread to offer clients unbeatable deals on a wide range of clothing items, from trendy fashion pieces to everyday essentials.

By purchasing large quantities of unsold goods at a fraction of their original cost, Wolf Thread passes these savings on to its clients, making it an attractive option for wholesalers and retailers alike.

Quality Control and Trend Assessment

One of the key reasons behind Tanvir’s success in stocklot management is his commitment to quality control. Before any stocklot is offered to clients, Tanvir ensures that it undergoes rigorous quality inspections. This guarantees that even though the products are unsold inventory, they meet the same high standards as Wolf Thread’s manufactured items.

Additionally, Tanvir stays ahead of fashion trends and market demands. This allows Wolf Thread to source stocklots that are still relevant and in demand, giving clients a chance to acquire stylish and high-quality clothing without breaking the bank.

Crude Oil Supply: Facilitating Global Energy Needs

While Tanvir’s expertise in textiles is well-established, his leadership extends beyond the fashion industry. Wolf Thread is also a key player in the crude oil market, with Tanvir handling the complex logistics of crude oil sourcing and supply on a global scale.

Sourcing from Kazakhstan’s Top Oil Fields

Kazakhstan is known for its vast reserves of crude oil, and Wolf Thread has forged strong partnerships with leading suppliers in the region. Tanvir’s role as an expert in crude oil supply involves managing these relationships and ensuring that Wolf Thread can consistently deliver high-quality crude oil to clients around the world.

Whether it’s negotiating contracts, managing transportation logistics, or ensuring compliance with international regulations, Tanvir’s role is pivotal in ensuring that crude oil moves smoothly from supplier to buyer.

Delivering on Time, Every Time

The oil industry is known for its high stakes, and timely deliveries are crucial. Tanvir has implemented efficient supply chain processes that ensure crude oil reaches its destination on schedule. By working with trusted shipping partners and staying ahead of logistical challenges, Wolf Thread is able to meet the demands of its clients, regardless of volume or location.

Agro Sourcing and Supply: Connecting Farms to Global Markets

Another area where Tanvir has made a significant impact is in agro sourcing and supply. Agriculture remains one of the world’s most vital industries, and under Tanvir’s leadership, Wolf Thread has become a trusted supplier of fresh fruits and vegetables, both domestically and internationally.

Sourcing from Local Farms

In Bangladesh, agriculture is a cornerstone of the economy, and Tanvir has leveraged the country’s rich farming traditions to source the highest quality fruits and vegetables. By working closely with local farmers, he ensures that Wolf Thread provides fresh, high-grade produce to clients both locally and in international markets.

Tanvir’s commitment to quality and sustainability is evident in the way he has structured Wolf Thread’s agro division. Farmers are paid fairly for their produce, and the supply chain is optimized to reduce waste and ensure that products reach their destination while still fresh.

Expanding International Reach

Beyond domestic markets, Tanvir has expanded Wolf Thread’s agro division to serve international clients. By managing export logistics, ensuring compliance with import regulations, and maintaining quality control, Tanvir has made it possible for Wolf Thread’s produce to reach markets across the globe. Whether it’s supplying a retailer in Europe or a food processor in the Middle East, Tanvir’s agro sourcing operations are a testament to his versatility and business acumen.

Business Services and Consulting: Driving Growth for Companies Worldwide

In addition to his work in textiles, crude oil, and agro, Tanvir also leads Wolf Thread’s Business Services and Consulting division. This division offers a wide range of services, from digital marketing to operational consulting, all aimed at helping businesses grow and thrive in an increasingly competitive landscape.

Digital Marketing Expertise

Tanvir has assembled a talented team of digital marketing experts who specialize in SEO, social media marketing, content creation, and more. Under his guidance, Wolf Thread has helped numerous businesses enhance their online presence, attract more customers, and increase revenue through targeted marketing campaigns.

Tailored Business Consulting

In the business consulting space, Tanvir’s role is to identify areas where clients can optimize operations, improve efficiency, and scale their businesses. Whether it’s restructuring a company’s sales strategy or identifying new market opportunities, Tanvir’s insights have helped businesses of all sizes achieve growth.

Conclusion: A Visionary Leader with Expertise Across Industries

Tanvir Rana is not just a leader; he is a visionary who has built Wolf Thread into a multi-faceted agency that excels in textiles manufacturing, stocklot management, crude oil supply, agro sourcing, and business services. His deep industry knowledge, strategic partnerships, and hands-on approach have made him a trusted agent for clients around the world.

As Wolf Thread continues to grow, there’s no doubt that Tanvir’s influence will continue to drive success across industries, setting new standards for quality, reliability, and innovation.

[starseedfxofficial]

Introduction: A Wild Ride in AUD/CAD Trading - Here's the Real Deal Imagine trading the Australian Dollar against the Canadian Dollar without knowing what the news has in store. It's like walking into a shoe store during a sale—you think you know what you want, but then chaos hits, and you end up with something completely unpredictable. The AUD/CAD pair might not always grab the headlines like EUR/USD, but don't underestimate it—this currency pair holds hidden opportunities that only a few sharp traders have been able to tap into. This is where news trading steps in, helping you surf the waves of economic releases to make the big bucks. Get ready for an insider look at news trading the Aussie and the Loonie with an arsenal of advanced techniques, secret strategies, and a pinch of humor to help you along the way. Why AUD/CAD is the Sneaky Player You Need to Watch Let's start by addressing the elephant in the room: why would anyone choose the Australian Dollar (AUD) and the Canadian Dollar (CAD)? Good question, and here’s an unconventional answer. If EUR/USD is the popular kid in school, AUD/CAD is that artsy one in the corner, quietly making masterpieces. Trading AUD/CAD during major news events is like watching a drama series unfold—emotions, unexpected twists, and "aha" moments when it all finally makes sense. Here's the real catch: both currencies are linked closely to commodities (like oil for CAD and metals for AUD), meaning news in the commodity markets is your VIP ticket to insider knowledge in this pair. The Sneaky Patterns Only Savvy Traders Know Most traders look for big headlines—Central Bank announcements, employment data, etc. But for AUD/CAD, there are quieter patterns that carry huge weight. A Canadian oil production report or Australian export data can have outsized effects, particularly if it contrasts with market expectations. Here’s the trick: news that might not make it to your favorite financial news site can be a game-changer for this pair. Insider tip: Keep an eye on Canadian Crude Oil Inventories and Aussie mining production stats. No, they’re not flashy, but they have a major impact on the economy and can give you an edge. Example: Consider the Canadian crude oil inventory data release. If inventory data is down, it's often a signal for higher oil prices—good for CAD. Combine that with a strong Australian export data report, and you’re looking at the possibility of some serious movement on the AUD/CAD pair. Most people miss this because they’re too focused on the "majors." Trading News Like a Pro: Timing and Preparation Alright, let’s get practical. News trading can be extremely lucrative, but it can also be the equivalent of accidentally pressing the "sell" button when you meant to buy—not the best feeling in the world. For the AUD/CAD, you need a game plan that’s ironclad, including knowing exactly when the big news drops and how it typically affects this pair. Timing is everything. Keep an eye on key economic data releases from both Australia and Canada, such as labor market reports, GDP, and the all-important central bank rate decisions. The tricky part—which is also where the gold lies—is that this pair doesn’t always react the same way as major pairs do to global headlines. A surprisingly good Australian employment report, for instance, could send the AUD flying, especially if traders perceive it as a signal that the Reserve Bank of Australia (RBA) may adopt a more hawkish stance. But here's where the real magic happens: learn to gauge what’s "expected" versus the actual release numbers, as the surprise factor is what drives the market. Secret AUD/CAD News Strategies - Behind-the-Scenes Tactics Oil is Your Co-Pilot Did you know that the Canadian Dollar is so sensitive to oil prices that it's often called a "petrocurrency"? For news traders, this is a massive hint. Here’s an unconventional approach: when oil prices are climbing due to supply cuts from OPEC, look for the CAD to gain strength. You might call this the "When Oil Glows, So Does CAD" strategy. Example: OPEC decides to cut production, oil prices go up, and CAD typically strengthens. If this coincides with softer Australian economic news, then you can expect AUD/CAD to move south. It's like an overly dramatic love story, where one currency is always falling when the other is rising. Mining the Aussie Advantage Australia is heavily tied to commodity exports—iron ore, coal, gold. So any news related to global demand for these commodities can be a hidden indicator for AUD strength or weakness. Suppose China, the largest consumer of Australian commodities, announces an infrastructure boost—you can bet that the AUD will get a solid kick upwards. Central Bank Smackdown We love a good central bank drama, don’t we? The RBA and the Bank of Canada (BoC) are the leading actors in this currency pair's soap opera. Diverging policies between these two central banks can create excellent trading opportunities. For instance, if the BoC takes a dovish stance (low interest rates) while the RBA remains hawkish, this contrast can create a sharp uptrend in AUD/CAD. Set Tight Stops, But Expect Loose Swings When trading news events, it's essential to avoid "staying married" to your trades. Think of it like speed dating, not a lifelong commitment. During news releases, the AUD/CAD pair can move fast. It's important to place stop-losses at levels that protect your downside but allow for a little wiggle room. Aim for stops that account for the increased volatility (average daily range), but remember—you're here to grab the profit and run. Humor Break: When Trades Go Sideways Let’s be real. News trading can lead to those moments where your brilliant analysis ends up feeling more like a meme-worthy disaster. Remember the time you hit 'sell' instead of 'buy' and watched your hard-earned analysis go down like a reality TV contestant? Yeah, those moments. But this is also where we build our "next time" strategies—just as every sitcom plot twist eventually resolves into something useful. Forget the Hype, Follow the Volume Here’s a bold truth: a lot of people get so caught up in the news frenzy that they forget to pay attention to volume. There’s an under-the-radar strategy in the Forex world: volume-based news confirmation. When a news event hits, don’t just rely on price action—look at the trading volume. Low volume paired with a price spike? It might be a false move. High volume confirming the spike? That’s where you double down. Example: If Australian GDP data surprises on the upside and AUD/CAD spikes, check if the volume is confirming the move. If it’s there, then you’ve got a move worth sticking to. If not, be careful—it might just be a classic "fakeout." Ninja-Level Strategies: Underrated Economic Indicators Want a serious edge? Pay attention to indicators that often go unnoticed. Case in point: Australian and Canadian Retail Sales. While not as glamorous as employment reports or GDP, retail sales data can provide clues about the health of each economy, helping you prepare for broader central bank sentiment shifts. A ninja tactic: When retail sales data is weaker than expected, it may signal trouble ahead for interest rate policy. And guess what? If you’re already tracking these "secondary" indicators, you’re ahead of 90% of other traders, setting yourself up to profit from price corrections well before the average trader knows what's coming. The Hidden Potential of AUD/CAD News trading the AUD/CAD can be immensely rewarding if you know where to look. It’s not about reacting to the obvious headlines—it’s about digging for those underappreciated signals that lead to outsized returns. Keep your eyes on oil for CAD, watch commodity news for AUD, and never underestimate the power of central bank jawboning. But most importantly? Keep your humor intact. After all, Forex trading is like life—it comes with unexpected twists, cringe moments, and (hopefully) some good laughs. And remember, if your trades don’t go as planned, at least you’ll have a good story to tell—maybe even one better than that sitcom plot twist. Call to Action: Think you’re ready to master news trading the AUD/CAD pair? Get ahead of the game with exclusive insights, expert analysis, and live trading tools from StarseedFX. Join our community and discover the underground trends and elite tactics that can help you turn Forex trading into your winning edge. —————– Image Credits: Cover image at the top is AI-generated Read the full article

[leprivatebanker]

U.S. crude oil inventories see less than expected increase, indicating stronger demand

[palmoilnews]

VEGOILS-Palm oil falls on weak rival vegetable oils JAKARTA, Nov 13 (Reuters) - Malaysian palm oil futures declined for a second session on Wednesday, dragged down by the weakness in prices of rival vegetable oils in Dalian and Chicago. The benchmark palm oil contract FCPOc3 for January delivery on the Bursa Malaysia Derivatives Exchange lost 158 ringgit, or 3.14%, to 4,868 ringgit ($1,095.66) a metric ton as of 0234 GMT. FUNDAMENTALS Dalian's most-active soyoil contract DBYcv1 plunged 3.82%, while its palm oil contract DCPcv1 tumbled 4.12%. Soyoil prices on the Chicago Board of Trade BOc2 were down 1.45%. Palm oil tracks price movements of rival edible oils as it competes for a share in the global vegetable oils market. Chicago soybean futures took a sharp dive on Tuesday as traders worried that U.S. President-elect Donald Trump's nominee for the head of the U.S. Environmental Protection Agency would take a less-than-friendly view of the biofuel industry, analysts said. Exports of Malaysian palm oil products in the Nov. 1-10 period are seen falling between 14.6% and 15.8%, compared with the same period a month ago, according to surveyors AmSpec Agri Malaysia and Intertek Testing Services (ITS). Malaysia's palm oil inventory shrank the most in seven months in October as exports surged, production fell and domestic consumption increased, the country's industry regulator said on Monday. Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed OPEC's latest downward revision for demand growth, a stronger U.S. dollar and disappointment over China's latest stimulus plan. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock. Palm oil FCPOc3 may break support at 5,017 ringgit and fall into the 4,882-4,947 ringgit range. The current correction is expected to consist of three waves, according to Reuters' market analyst for commodities and energy technicals Wang Tao. MARKET NEWS A gauge of global stocks declined on Tuesday after advancing for five straight sessions, while the U.S. dollar hit its highest in over six months as investors weigh the impact of U.S. President-elect Donald Trump's likely path of policies.

[accapitalmarket]

Wall Street lower, Treasury climb as markets reposition for Fed path

US stocks dropped on Wednesday as investors digested a big batch of corporate earnings, with tech stocks under the most pressure as Treasury yields continued to climb amid concerns about the Federal Reserve’s rate cut cycle.

At the close in New York, the blue-chip Dow Jones Industrials Average was down 1.0% at 42,514, while the broader S&P 500 index shed 0.9% to 5,797, and the tech-laden Nasdaq Composite dropped 1.6% to 18,276.

US30Roll H4

On the downside, Boeing fell 1.8% after reporting quarterly results that missed estimates, with the aircraft maker suffering its largest quarterly loss since 2020.

Elsewhere, Coca-Cola shed 2.1% after the soft drinks giant reported sluggish demand, even as higher prices meant that quarterly earnings beat expectations.

Meanwhile Tesla fell 2.0% on the day ahead of its third-quarter earnings, which were released after the market close. But in after-hours trading Tesla jumped 12.10% higher as the numbers beat Wall Street estimates, driven by improved margins.

NAS100Roll H4

Also on the upside, AT&T rose 4.6% after the telecoms giant gained more wireless subscribers than expected in the third quarter driven by the steady adoption of its higher-tier unlimited plans.

And Texas Instruments added 4.0% after the chipmaker reported third-quarter income that topped expectations, helped by momentum for electric vehicles in China. Away from earnings, McDonald’s fell 5.1% after the Center for Disease Control issued an alert over an e. coli outbreak linked to the fast-food chain’s burgers.

And tech giant Apple fell 2.2% after a leading analyst delivered a gloomy update on iPhone 16 demand.

With US treasuries, Benchmark 10-year yields reached a three-month high as investors reassessed the outlook for Fed rate cuts over the next few months against the backdrop of strong economic data and the upcoming presidential election.

Richmond Fed President Thomas Barkin said the central bank's fight to return inflation to its 2% target may take longer than expected, limiting interest rate cuts.

On the data front, US existing home sales fell by 1.0% last month to a seasonally adjusted annual rate of 3.84 million units, the lowest level since October 2010. Economists had forecast home resales would be unchanged at a rate of 3.86 million units.

And the Fed Beige Book survey showed economic activity was little changed from September through to early October, although firms saw an uptick in hiring.

Among commodities, oil prices edged higher despite a bigger than expected build in US inventories which raised concerns about demand, with the focus remaining on US diplomatic efforts to quell tensions in the Middle East helping supply issues.

US crude inventories grew by 5.47 million barrels in the week ended October 18, compared with expectations for a build of 0.8 million barrels.

USOIL H1

UK Brent crude added 0.6% at $75.34 a barrel, while US West Texas Intermediate was also up 0.6% at $71.17 a barrel,

Disclaimer: The information contained in this market commentary is of general nature only and does not take into account your objectives, financial situation or needs. You are strongly recommended to seek independent financial advice before making any investment decisions. Trading margin forex and CFDs carries a high level of risk and may not be suitable for all investors. Investors could experience losses in excess of total deposits. You do not have ownership of the underlying assets. AC Capital Market (V) Ltd is the product issuer and distributor. Please read and consider our Product Disclosure Statement and Terms and Conditions, and fully understand the risks involved before deciding to acquire any of the financial products provided by us. The content of this market commentary is owned by AC Capital Market (V) Ltd. Any illegal reproduction of this content will result in immediate legal action.

[trader-sg112]

Oil Prices Edge Higher Amid U.S. Rate Cut Optimism Despite Global Demand Concerns

Oil prices experienced a modest rise on Thursday, driven by optimism surrounding potential U.S. interest rate cuts that could stimulate economic activity and boost fuel consumption. Despite these gains, concerns over slower global demand kept the upward movement in check.

Brent crude futures saw an increase of 17 cents, or 0.21%, bringing the price to $79.93 per barrel. This rise helped recover some of the losses incurred the previous day. Similarly, U.S. West Texas Intermediate (WTI) crude futures rose by 21 cents, or 0.27%, to $77.19 per barrel.

The recovery in oil prices followed a more than 1% drop on Wednesday. This decline was prompted by an unexpected rise in U.S. crude inventories, which added to existing worries about an oversupply in the market. Additionally, geopolitical tensions, particularly concerning Israel's actions in Gaza, have also contributed to market volatility. The ongoing conflict and the allegations of war crimes have not only created humanitarian concerns but also added an element of uncertainty to the oil market.

The potential for U.S. interest rate cuts has generated optimism among investors, with the expectation that such a move would invigorate economic activities and, consequently, increase fuel demand. This hope for economic stimulation has provided some support to oil prices.

However, the broader context of global economic health continues to weigh heavily on the market. Concerns about a slowdown in global demand, fueled by economic uncertainties in major economies, persist. These factors are contributing to a cautious outlook among traders and analysts.

In summary, while the potential for U.S. interest rate cuts has sparked some optimism in the oil market, leading to a modest price increase, broader concerns about global demand and geopolitical tensions continue to influence market sentiment. The interplay between these factors will likely shape the oil market's trajectory in the coming weeks.