Kedia Commodity Complex Morning Podcast as on Sep 7, 2021| केडिया कमोडिटी पॉडकास्ट 07 सितंबर 2021

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*Gold eased as the dollar firmed, but renewed bets that the Federal Reserve may go slow on unwinding its pandemic-driven economic support measures
*Silver traded in range as the dollar recovered some ground after having fallen at the end of last week
*Crude oil dropped after Saudi Arabia slashed crude contract prices for Asia over the weekend, reflecting well-supplied global markets and concerns over the outlook for demand.
*Natural gas gained as significant output remained offline in the aftermath of Hurricane Ida, exacerbating supply concerns in an already tight market.
*Copper prices seen some pressure as Minera Lumina Copper said that it had reached an agreement with workers at its Caserones mine in Chile
*Zinc prices gained as China social inventories continued to fall, supporting long sentiment.
*Nickel prices dropped as demand for nickel may trend down amid production restrictions, signalling bearish nickel prices.
*Aluminium prices rallied as a coup in major bauxite supplier Guinea raised fear of further supply disruption in the downstream market.



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