Increase your company's margins by making smart pricing decisions!
Forecasting metal commodity prices is an important component for increasing the valuation for ferrous and nonferrous metals companies. Long production cycles require efficient hedging mechanism to safeguard the margins, hence predicting accurate commodity price is a great help.
For accurate prediction of Metals commodity prices
We employ a rigorous analytic technique to provide users with a comprehensive view of what is driving the price. With a better understanding of cost structures and market dynamics, companies can negotiate pricing more effectively, cutting supply chain expenses and improving profit margins.
Non-Ferrous Metals
Non-ferrous materials come in a wide variety and include all metals and alloys that do not include iron. Aluminium, copper, nickel, zinc, etc are non-ferrous metals, as are copper alloys like brass and bronze. Although the steel price extreme cycle may have peaked, industry leaders and sector specialists predict that prices for metals such as aluminium, copper, and zinc will continue to rise. In recent times, all these commodities have also become an option for trading & hedging.
Ferrous Metals
Any metal containing iron is referred to as ferrous metal, such as steel material. They are known for their strength properties, which makes them perfect for use in bridges, trains, and other structural and architectural projects like the highest skyscrapers. Steel prices are predicted to decline in 2022 and beyond due to China's weak demand, the possibility of a European recession, and the slowing of global economic growth.
Precious Metals
As the name suggests, precious metals are high economic value commodities, rare, naturally occurring metallic elements historically considered as a form of currency. However, in current times they act as a hedge against inflation, means of investment for economic stability, portfolio diversifier and as industrial commodities.
History Data for Gold Futures
| Commodity | Current Price | Weekly Change | Weekly Change (%) |
|---|---|---|---|
| Gold Futures | $1995.9 | ▲$64.60 | ▲3.34 |
| Copper Futures | ₹758.35 | ▲₹4.25 | ▲0.56 |
| Aluminium Futures | ₹203.85 | ▲₹0.10 | ▲0.05 |
Latest News
An Overview of the Booming Global Cocoa Market
An Overview of the Cocoa Market Around the world, cocoa is a significant product, serving as both a...
Know More
Wheat Bulls or Bears for the coming year?
A member of the grass family under the name Triticum, wheat is a type of cereal grain. This spiky gr...
Know More
Factors Affecting Crude Oil Prices to Trade on Higher Note
Factors Affecting Crude Oil: Crude oil is found accumulated in the wide, porous rock formation in t...
Know More
The gold price anticipates economic troubles in 2023
Global Trading Market for Gold The gold market is huge, yet little is understood about how it opera...
Know More
Will the price of palm oil decrease in 2023?
Contemporary Trends in Palm Oil Sector The most popular vegetable oil is palm oil. It serves as a f...
Know More
What does the Indian sugar market look like?
Introduction - Indian Sugar Industry The Indian sugar industry is the second largest producing mark...
Know More