CRUDE OIL In the week of December 21, 2009, crude oil for January delivery rose to US$73.4 on the Nymex, amid optimism of demand increase as the global economy recovers. Prices are expected to continue north on expectations of reduced inventories on rising fuel demand in the US. Reports expected this week are forecast to show increasing sales of existing and new homes in the country. However, prices are not expected to rise dramatically, because...more
India's copper futures extended gains to hit a contract high on Monday as supply concerns overseas and positive demand outlook helped prices, analysts said.The most-traded February copper contract MCCG0 on the Multi Commodity Exchange (MCX) was trading 1.26 percent higher at 348.65 rupees per kg at 7:26 p.m., after hitting a contract high of 349.3 rupees earlier.Union workers at Chile's giant Chuquicamata copper complex, the world's second...more
Rubber advanced to a 15-month high on investors' optimism that a global economic recovery may accelerate this year, leading to growth in demand for the commodity used in tires.Futures in Tokyo gained as much as 3.3 percent to the highest level since Sept. 26, 2008. Businesses in China, the world's largest rubber consumer, continued to expand last month as a purchasing managers' index climbed to 56.1 from 55.7 in November, HSBC Holdings Plc and Markit Economics said today. Reports this week are forecast to show U.S. manufacturing continued to expand and factory bookings increased."Investors bought raw materials on speculation that economic growth may pick up," Takaki Shigemoto, an analyst at research and investment company JSC Corp. in Tokyo, said today by phone. "Rubber demand will likely expand, led by rising car sales and production in China."Rubber for June delivery climbed as much as 9 yen to 285 yen per kilogram ($3,065 a metric ton) on the Tokyo Commodity Exchange before settling at 284 yen. Prices more than doubled last year, the best performance since at least 1976, according to Bloomberg data.Raw materials may return more than financial assets this year for the first time...more
As a business owner, you are always looking out for the bottom line. The goal is to build your business forward so as to prepare for the customers of tomorrow, today. The knowledge that is needed to accomplish this is not some big secret held only by the corporate officials of some big company. Some of the newest and brightest ideas in this...more
Metals finished the year as the best-performing commodities, riding on hopes for a global economic recovery and fears of runaway inflation.The rally is likely to extend into the new year, as demand from emerging economies remains strong while developed nations are catching up. But it could be capped if central banks slam the brakes on stimulus...more
China is expected to increase steel supply by 8.6% in 2010 to 621.5 million metric tons, according to a report from the Mysteel consultancy in Shanghai. That will occur, says a report in the official Xinhua news agency, despite an expected increase in domestic prices caused by increased costs of iron ore, coking coal and other steelmaking ingredients.The need for more steel stems from the multi-billion-dollar, multi-year economic stimulus package that has boosted production of such steel-bearing products as agricultural machinery and equipment, infrastructure construction materials, environmental protection equipment, motor vehicles and emission-reduction equipment. Since the construction of these key projects usually lasts for three years and longer, Xinhua says expanded consumption for such raw materials as steel will continue in 2010 and 2011.Meanwhile, the Chinese central government has forecast that China's economy as measured by gross domestic product will grow by between 8% and 10% in 2010. Some private economists put the figure even higher, at more than 10% since Li Yizhong, minister of the China Ministry of Industry and Information Technology, has announced fixed-asset...more
Imagine this scenario:Jane Investor buys a property when she is in her late forties. She wants to use it as a long-term investment, so she gets a conventional loan on the property and makes the payments as well as maintaining the property for the...more
When I coach my business clients, I have a three step method for determining how successful their business will be. The three steps are profitability, business systems, and satisfaction.It's crucial that all of these elements be in place-...more
There are numerous fitness marketing strategies being used nowadays, but one of the hottest topics in the world of fitness marketing is "outsourcing".What is outsourcing?Essentially, outsourcing involves paying other companies or individuals to take...more
Childhood is the best time to lay foundations for a bright future. If your child is creative and has imagination you should encourage their abilities. They may grow up to have a career in the Arts or to just enjoy crafting as a satisfying...more
There is so much you can do with craft products. You can make beautiful lamp shades to add an aesthstic touch to your home decor, stylised sitting lady picture frame to add warmth to your living room walls, or pen stand to add a clean, yet...more
There must be various coat hangers at your home. Are you using all those coat hangers or are there any spare ones? Do you know you can use them to create impressive coat hanger crafts?Some of the coat hanger crafts include coat hanger puppets, coat...more