Asian Metals Symposium held an expert survey at their online metal seminar on Tuesday. The participants were discussing whether the commodity market would experience a “supercycle” in the next few years or not. Global demand
Because of potential obstacles in the 2015 Iran nuclear agreement, oil prices rose on Monday. There are doubts about the future of indirect negotiations, which may end U.S. sanctions on Iranian crude oil exports and
Ivory Coast is the largest producer of a cocoa-the key ingredient in chocolate. World’s most prominent cocoa farmer has power shortage issues which affect on their cocoa production. Ivory Coast cocoa production might fall by
The surge in fuel demand and the threat of potential pipeline closures might bring a painful summer for gas stations in the country. According to new data from GasBuddy, natural gas prices still climbed to
Iron ore prices rebounded on Monday because of China’s steel output hitting record highs. In April, crude steel production increased to 97.9 million tons, setting a record for monthly and daily operating rates. The strong
The Biden administration is weighing concerns about shortage and inflation when reviewing trade tariff policies. In the U.S. economy, strong demand for consumer goods and other products still got plagued by the coronavirus pandemic. It
As steel prices continue to grow, It is highly believed that the commodities will experience the same overall price increase. Chinese steel mills’ decision to raise prices amongst rising raw material costs has raised concerns
The soaring commodity prices threaten China’s economic growth and the purchasing power of its citizens. Everything, from copper and steel used in construction to coal used to heat houses, is soaring. It is a massive
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