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Copper hits new peak after zero-fee smelter processing deal highlights shortages

Copper hits new peak after zero-fee smelter processing deal highlights shortages

Copper prices hit a record peak on Monday, driven by speculative buying and a zero-fee processing deal involving a Chinese smelter, underscoring mine disruptions and potential shortages.
Dalian iron ore extends gains on tight BHP supply, firmer hot metal production

Dalian iron ore extends gains on tight BHP supply, firmer hot metal production

Dalian iron ore futures rose for a fifth session due to tight supply of BHP's Jimblebar and Jingbao fines, coupled with firmer blast furnace hot metal production in China, extending gains.
India’s rice stocks surge to record high as paddy procurement climbs

India’s rice stocks surge to record high as paddy procurement climbs

India's government rice stocks surged nearly 12% year-on-year to a record high in early December. This increase is attributed to enhanced procurement of the new-season paddy crop by state agencies.
Wheat leads grains higher with Black Sea war risks in focus

Wheat leads grains higher with Black Sea war risks in focus

Chicago wheat rose 1% as Russian strikes on Ukrainian ports heightened Black Sea grain trade risks. This prompted investors to cover positions after an eight-week low, reflecting renewed war concerns.
Crude oil futures rise as US-Venezuela tensions fuel supply concerns

Crude oil futures rise as US-Venezuela tensions fuel supply concerns

Crude oil futures rose, with Brent up 0.86% to $60.99 and WTI up 0.88% to $57.02, amid US-Venezuela tensions fueling supply concerns. A US Coast Guard pursuit of a sanctioned tanker was reported.
Asia’s Diesel Market Structure Recovers; Cash Diffs Near Seven-Month Low

Asia’s Diesel Market Structure Recovers; Cash Diffs Near Seven-Month Low

Asia's diesel market structures recovered slightly from last week's losses, but cash differentials extended declines, nearing a seven-month low. This was due to lower-priced offers on the trading window despite a lack of physical deals.
Naphtha buyers resurface; gasoline softens again

Naphtha buyers resurface; gasoline softens again

Asia's naphtha margins hit a near five-month low, but spot buying interest is quickening as some buyers finalize February requirements, while gasoline softens.
GNDU faculty publish research papers in American Chemical Society journal

GNDU faculty publish research papers in American Chemical Society journal

GNDU faculty published two high-impact papers in JACS (impact factor ~15). Research by Prof. Tejwant Singh explores soft ferro-electrics for flexible tech, while Dr. Arun Sharma's photon-primed electrosynthesis reduces chemical manufacturing emissions by up to 90%.
Road safety panel appoints four nodal officers under ‘zero fatality district’ initiative

Road safety panel appoints four nodal officers under ‘zero fatality district’ initiative

Four nodal officers were appointed for the 'Zero Fatality District' initiative to reduce road crash fatalities. This program, already in over 20 districts, achieved a 58% fatality reduction on the Mumbai-Pune Expressway, showing encouraging outcomes.
HP sets target to meet over 90% energy needs through renewable sources

HP sets target to meet over 90% energy needs through renewable sources

Himachal Pradesh aims to be a 'Green Energy State' by March 2026, meeting over 90% energy needs from renewables. It targets 500 MW solar projects in two years, including 150 MW from 'Green Panchayat Programme' installing 500 kW plants.

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