Commodity

China investigates commodity prices, supply

by on June 23, 2021 0

By Yifan Wang China’s leading economic planner and market regulator has sent teams to investigate recent trends in prices and supply of bulk commodities, the latest move Beijing has taken to curb the sector’s strong recovery this year. The groups, made up of officials from the National Development and Reform Commission and the State...

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Commodity prices fall as the dollar soars

by on June 21, 2021 0

No one will have been missed in the metals markets, but commodity prices drifted last week. The reason is the resurgence of the dollar. Commodity prices fall on a stronger dollar It’s a simple but well-known mantra: a stronger dollar equals lower commodity prices. Federal Reserve policymakers announced on Wednesday that interest rates would...

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The best performing energy raw materials of the year to date

by on June 20, 2021 0

After years of disappointment, commodities markets are very hot again. the Bloomberg Commodity Index (BCOM), the most widely used benchmark for the commodities market followed by 23 exchange-traded contracts on physical commodities, outperforms the stock market, gaining 29.4% year-to-date. year against a return of 12.4% by the S&P 500 Index. The core energy sector...

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Weekly goods report | Finance

by on June 18, 2021 0

Crushed copper, wooden slots After the two biggest bull markets in the history of the copper and lumber trade, these two key components of the construction industry have been hammered home. Copper has lost 10% of its value and lumber is down 20% this week. Federal Reserve Chairman Powel has hinted at an interest...

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