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Commodity Daily Report - April 20: HDFC Securities

Commodity Daily Report - April 20: HDFC Securities

<div class="paragraphs"><p>An oil pumping jack, also known as a “nodding donkey”, in an oilfield in Russia. (Photographer: Andrey Rudakov/Bloomberg)</p></div>
An oil pumping jack, also known as a “nodding donkey”, in an oilfield in Russia. (Photographer: Andrey Rudakov/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

HDFC Securities Report

Commodity prices traded lower on Tuesday with most of the commodities in non-agro segment witnessed selling from day highs on stronger dollar and rally in U.S. bond yields.

Crude oil and natural gas pared previous gains on weaker demand outlook.

Base metals traded weak on demand growth concerns on China Covid worries.

The U.S. 10 year bond yields rallied to 2.96%, the highest since December 13, 2018.

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Commodity Daily Report-HDFC Securities.pdf

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