Commodity

REFILE-Yuan appreciation may not be a good way to tackle rising commodity prices – state media

by on May 26, 2021 0

Bloomberg Yang Mayor quest in New York slips as enemies target inexperience (Bloomberg) – Andrew Yang’s stranglehold on the New York mayoral race is slipping. A series of polls released this week leaves former frontrunner Yang behind rivals. The former presidential candidate is criticized that he has not been educated in the fundamentals of...

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Commodity inflation could pinch sharply in FY22

by on May 25, 2021 0

Soaring input costs are starting to squeeze profit margins, prompting companies in certain industries to take cautious price increases. However, the uncertainty of demand due to the brakes will make it difficult for some to rise in prices, analysts say. “While consumer durables, FMCGs and automotive original equipment manufacturers pass on much of their...

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As inflation concerns persist, turn to commodities ETFs

by on May 25, 2021 0

As financial markets start to worry about rising interest rates, investors can position themselves to soften the shock with commodities, including the Direxion Auspice Broad Commodity strategy. AND F (COM). “The prices of the building blocks of the economy have skyrocketed over the past year,” said one Wall Street Journal article Explain. “Oil, copper,...

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High commodity prices: metallurgical companies will benefit; automotive, consumer durables to suffer

by on May 25, 2021 0

Global commodity prices have recently seen a massive surge, fueling fears of rising inflation. The price hike comes amid an increase in COVID cases and reduced economic activity. Domestic flat steel prices continued to increase for the eleventh consecutive month in May 2021. Domestic hot-rolled coil (HRC) prices increased 9% to an average of...

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Commodity prices have skyrocketed, but miners are not investing

by on May 25, 2021 0

Despite a commodity boom boosting profits, miners are not throwing money into new projects, raising concerns about future shortages of some metals. So-called technological metals, such as cobalt, copper and lithium, are expected to experience particularly large deficits, analysts say, amid growing demand from manufacturers of batteries, electric cars and wind turbines. Supply constraints...

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