Global Сrop Сoncerns Still Drive Coffee Prices Sharply Higher
Defiant prices of Arabica and Robusta coffee soared to new all-time highs on Wednesday.
April 18, 2024
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Commodities
Uranium Import Restriction Bill was Approved by the U.S. Senate: How Strong Will be The Price Action?
CommoditiesThe U.S. House of Representatives recently passed a ban on imports of Russian uranium. The bill was meant to be passed by the Senate before becoming a law.
May 2, 2024
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What's Pushing Oil Toward $100 a Barrel
A few days ago, oil prices exceeded $90 per barrel.
April 9, 2024
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On Top of More Expensive Cocoa, Coffee Prices Also Showed Upward Momentum on Weather Conditions in Vietnam and Brazil
On Wednesday, April 3, May Arabica coffee (KCK24) surged almost 3% to close +5.85, and May ICE Robusta coffee (RMK24) closed up +149 (+4.07%).
April 4, 2024
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There is Only One Thing Outpacing Bitcoin Rally: Cocoa Surges Past $10,000
Cocoa futures rose to a record above $10,000 a ton, extending a historic rally that has seen prices double this year and set to push up the cost of chocolate in 2024.
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Gold: The Central Banks Keep Slow Fire Burning
Gold prices showed a certain tiredness today, on February 1st, snapping three consecutive sessions of gains after Federal Reserve Chairman Powell’s directionless rhetoric trimmed expectations of a U.S. rate cut by March.
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Copper could Skyrocket Over 75 Percent to Record Highs by 2025 — Brace For Deficits
Copper prices, along with other base metals, were boosted after better-than-expected U.S. economic data and the Chinese government's plans to increase liquidity in the banking sector.
January 25, 2024
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Worries about Global Economy and Oversupply are Weighing on Oil Prices — FT
As oil market sentiment further deteriorates, global banks start to cut forecasts.
January 18, 2024
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Copper Prices Set to Surge by as Much as 75 Percent Thanks to the Ongoing Green Energy Revolution
Copper prices are set to rise by more than 75% over the next two years amid supply disruptions in the mining industry and higher demand for the metal driven by the push for renewable energy.
January 9, 2024
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Spot Palladium “Suddenly” Rose 3 Percent to $1,022/oz
On December 14, 2023, the spot price of palladium rose sharply, adding 3% to US$1,021.66 per ounce.
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