Why Indian Rupees decreasing? Strong US Dollar The dollar index is rising due to robust US job growth and good economic data. Increased dollar is widening India’s trade deficit, pressuring the rupee. India imports 85% crude oil needs Foreign Fund Outflows FIIs are selling in Indian markets, due to higher US bond returns, market uncertainty…
Shortage of raw material Disruptions in supplies of bauxite from Guinea & Brazil. Output suspensions in Australia contributed to a 70% surge in alumina prices this year to a record 5,645 yuan ($779.77) per metric ton on the Shanghai Futures Exchange. China’s supply cut China announced to end tax rebates on exports of semi-manufactured aluminum…
Why is the Copper Price Fluctuating? Copper Price Three-Week High in January, 2025 Copper prices have been climbing in 2025, hitting a three-week peak due to strong demand in China, fueled by ongoing stimulus efforts from Beijing. Global Slowdown & Tariffs Weigh on Copper Copper prices have been under pressure due to sluggish global manufacturing…
The escalation in the galvanised steel price has become a hot topic in the construction and manufacturing sectors as it plays a significant role in various applications in this sector. Now on January 23, 2025, the metal market is very unstable due to a large number of factors affecting this category, raw material costs, supply…
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