The bioplastics market expects to grow by USD 76.12 billion between 2021 -2025, CAGR of 28.05 per cent during the forecast period. The bioplastics market report provides a comprehensive update, market size and forecast, trends, growth drivers, challenges, and vendor analysis. The report provides an up-to-date analysis of the current global market scenario and market …
Royal Dutch Shell’s oil giant is reviewing its holdings in the largest US oil field for possible sales. Instead, the company wants to focus on its most profitable oil and gas assets and increasing low-carbon investments. The sale may be part or all of Shell’s approximately 260,000 acres (105,200 hectares) of land in the Permian …
Shell Might Sell Its Holdings in The US’s Biggest Oil Field Read More »
U.S. companies will spend 6.4% more on raw or processed materials in the second quarter. According to American Express’s first survey of global business-to-business (B2B) spending, there was a decrease versus the first quarter. The Center for Business and Economic Research conducted the survey in six countries. It highlighted the continued rise in demand and …
U.S. B2B Survey Shows Price and Demand Rise for Commodities Read More »
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 production pace has also brought the year-to-date total to 375 million tons. It is an increase f o16% over the …
China’s steel output hits record, recovering iron ore prices Read More »
According to a European Central Bank survey, the eurozone economy should grow slower this year. Moreover, a temporary surge in inflation will exceed a previous projection. This year, the eurozone economy is expanding by 4.2%. This percentage is below a previous projection of 4.4%, but next year’s growth outlook grew to 4.1% from 3.7%. Hence, …
In Japan, concerns about a new wave of coronavirus infections are rising fast. Albeit, the country, so far, has fewer COVID-19 cases, as compared to many Western countries. Japanese companies are bracing for the fourth round of coronavirus infections. A monthly poll showed that many expect a new wave to further hit their businesses after …
Japanese Companies Fear a New Wave of COVID-19 Infections Read More »
Commodity closes the week with reasonable prices and leaves the Market in a positive atmosphere. On Friday, the U.S. benchmark West Texas Intermediate (WTI) crude oil fell 33 cents to close at $63.13 per barrel. In comparison, North Sea Brent crude for delivery in June fell 17 cents to $66.77 per barrel. Due to this, …
Commodity Prices Increase, the Market Is Optimistic Read More »
The commodities market and commodity derivative contracts have been developing regularly for 25 years. They allow investors to diversify their assets. Also, these contracts are today available to retail investors thanks to many brokerage platforms. For the rest of the commodity derivatives contracts, their execution takes place on the stock exchanges. The demographic growth and …
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