commodity
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World Bank: Global commodity prices stabilizing
The World Bank stated that global commodity prices have stabilized following last year’s sharp decline, noting that this could make…
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Copper Export Ban Could Cause Indonesia to Lose $2 Billion in Revenue Forex Commodities
Freeport has warned the Indonesian government that banning copper concentrate exports in June could lead to a $2 billion loss…
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Commodities Market Caught in Fed’s Tightening Grip in February
Last month witnessed a decline in commodity prices due to the deferral of expectations for interest rate cuts by the…
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Commodity Market Experiences Rally Week
The commodity market witnessed significant surges last week, driven by increasing expectations of a interest rate cut by the US…
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Food and Agriculture Organization of UN: Global Food Prices Continue to Decline
The Food and Agriculture Organization (FAO) of the United Nations reported that global food prices declined by 0.7% in February…
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Commodity Market Reacts Positively Last Week Due to Optimism from China
After weeks of selling pressure, commodities experienced gains last week. The news flow suggesting that the Chinese government would announce…
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Challenging Year Ends for Commodity Market with Dominant Selling Pressure
The commodity market concluded a tough year marked by pricing difficulties and intense selling pressure. The increase in COVID-19 cases…
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Commodity prices hit an all-time high
Commodity prices continue to rise. The index, which measures the value of 23 commodities, hit an all-time high. While the…
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