INSUBCONTINENT EXCLUSIVE:
Iron ore futures climbed to a two-week peak early Tuesday, buoyed by temporary U.S.-China tariff reductions, before paring gains as
and record-high Chinese port inventories.The U.S.-China agreement to slash tariffs-Washington reduced duties from 145% to 30%, Beijing from
driven by optimism for industrial demand
Prices Edge Higher on Trade Truce Optimism Amid Persistent Demand Concerns
(Photo Internet reproduction)Inventories at Chinese ports swelled to 138 million metric tons, their highest in over two years, while weekly
Australian shipments held steady at 16.5 million tons
60 suggests neutral momentum, while the Moving Average Convergence Divergence (MACD) hints at short-term bullishness.Immediate resistance
sits at $100.20, with critical support at $95.40-a break below could trigger accelerated selling
MCX July silver futures hit ?96,871/kg, buoyed by solar panel and electronics demand
steel output guidelines, expected by June, which could cement production cuts and redefine demand trajectories