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Ashitha Shivaprasad

India

Commodities and Energies Correspondent at Reuters

Commodities and Energies Correspondent at Thomson Reuters

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Articles

  • 2 days ago | zawya.com | Ashitha Shivaprasad

    Copper prices edged higher on Wednesday, helped by stronger-than-expected U.S. jobs data, even as investors stayed cautious amid ongoing trade negotiations. Three-month copper on the London Metal Exchange was up 0.1% to $9,643.5 per metric ton by 0945 GMT. Providing support, the U.S. dollar slipped, making metals more affordable for holders of other currencies.

  • 3 days ago | reuters.com | Ashitha Shivaprasad

    June 3 (Reuters) - Chinese company Liulin Senze Coal & Aluminum will start producing alumina from low-grade bauxite at its factory in Shanxi province in July thanks to a new technology developed in France, the technology's developer said. Although China has domestic bauxite reserves, much of it is of low quality, making the country reliant on bauxite imports to meet demand for alumina production — a key input for aluminium, of which China is the world's largest producer. Sign up here.

  • 4 days ago | es-us.finanzas.yahoo.com | Ashitha Shivaprasad

    Por Ashitha Shivaprasad 2 jun (Reuters) - Los futuros del cobre en Estados Unidos subían un 6% el lunes, ampliando su prima sobre los precios de Londres en medio de crecientes especulaciones sobre posibles nuevos aranceles a la importación tras las últimas medidas comerciales sobre el aluminio adoptadas por el presidente Donald Trump. * El mandatario estadounidense dijo el viernes que planea elevar del 25% al 50% los aranceles sobre el acero y el aluminio importados.

  • 4 days ago | zawya.com | Ashitha Shivaprasad

    U.S. copper futures surged nearly 6% on Monday, widening their premium over London prices amid rising speculation about possible new import tariffs following President Donald Trump's latest aluminium trade measures. Trump said on Friday he planned to increase tariffs on imported steel and aluminium to 50% from 25%. U.S. Comex copper futures gained 5.7% to $4.9175 a pound, the highest since April 3.

  • 1 week ago | marketscreener.com | Ashitha Shivaprasad

    Published on 05/30/2025 at 02:18, updated on 05/30/2025 at 10:11 (Reuters) - Gold prices slipped on Friday as the dollar edged higher and markets digested the latest tariff developments, while a softer inflation report kept hopes for a U.S. rate cut alive. Spot gold was down 0.6% at $3,297.09 an ounce as of 09:38 am ET (1338 GMT) and was down 1.8% so far this week. U.S. gold futures fell 0.7% to $3,295.40. The dollar index rose 0.2%, making gold more expensive for other currency holders.