This battered commodity is about to soar

by on September 21, 2021 0

When the whole crowd is making the same bet, it makes sense to do the opposite. This is the simplest description of investing against the grain. It works because once everyone believes in an outcome, there is no one left to keep pushing prices in that direction. Today we see that happening in a...

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More than 100 countries depend on raw material exports

by on September 18, 2021 0

Heavy dependence on commodities has increased globally, leaving around two-thirds of developing countries vulnerable to economic shocks such as sharp fluctuations in commodity prices. Commodity dependence has increased over the past decade, from 93 countries in 2008-2009 to 101 in 2018-2019, according to the UNCTAD report on the state of dependence on commodities. base...

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Belarus to sell timber to Japan via commodity exchange

by on September 17, 2021 0

MINSK, Sept. 17 (BelTA) – One of the largest suppliers of wood products to the Japanese market, Shimizu Lumber, is considering buying wood from the Belarusian Universal Commodity Exchange (BUCE), BelTA learned from the service. BUCE press release. The company has already completed the registration of documents and has become the first Japanese resident...

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