Commodity News

Global bioplastics market review

Global Bioplastics Market Review

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 …

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Agricultural commodity

Oil May Reach $100 as The Commodities Boom Moves Away from China

Prices for commodities ranging from corn to copper to oil skyrocketed in the first half of 2021 due to pent-up demand and supply bottlenecks caused by the COVID-19 epidemic. According to Saad Rahim, chief economist of Trafigura, the rally’s dynamics are shifting. Additional broad-based increases appear likely, one of the world’s major commodity-trading firms. China …

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Gold futures

Gold Prices Increased on Tuesday, Reaching a Two-Week High

Dollar inflation also influences gold price boost. Investors wait for the U.S. federal reserve’s latest policy meeting release. Gold futures increased by 0.8% and reached $1,797.65 by GMT 3:34 AM. It is the highest result since June 18 ($1,794.86). The dollar usually moves in reverse to gold. As predicted, gold’s rise came along with the …

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OPEC

OPEC+ Might Not Increase Oil Production as It Is Expected

Analysts said that OPEC+ would hold a meeting with Russia and other allies on Thursday. It is expected OPEC to grasp world oil prices than they have in years. OPEC+, an oil producer and its allied organization, is expected to increase 500,000 to 1 million barrels of oil per day. Still, analysts said that there are rumors …

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