Quick Look: New sanctions targeting Venezuela’s crude oil sector affect US Gulf Coast supply as Mexico also cuts exports. US spares Iran’s oil industry, focusing sanctions on UAV production; geopolitical tensions could escalate oil prices. A minor increase in Brent and US crude oil prices despite a significant rise in US crude inventories. This Thursday, …
Crude Oil Market Volatility Amidst New Sanctions Read More »
Quick Look: WiSA Technologies’s stock jumped 17.1% following a five-year licensing deal with a top HDTV brand. The deal involves integrating WiSA’s E software in HDTV/PTV products, enhancing audio quality. Despite a previous 59.7% YTD decline, this deal boosts WiSA’s market position and investor confidence. WiSA Technologies, traded under the symbol WISA on the NASDAQ, …
WiSA Technologies Soars 17.1% on New 5-Year HDTV Deal Read More »
Quick Look: Gold (XAU) prices rose by Rs 10 per 10 grams, and silver increased by Rs 100 per kilogram in India. Global issues, notably Middle East conflicts, pushed USold to $2,369.93 per ounce. Market sentiment shows that 78% of investors don’t foresee a recession next year. Gold and silver prices in India have seen …
Gold, Silver Up Rs 10, Rs 100 Amid Global Strife Read More »
Quick Look:: London cocoa futures dropped after reaching record highs due to severe supply shortages. Ghana postponed cocoa delivery, and the Ivory Coast stopped forward sales, escalating market anxieties. Ivory Coast and Ghana saw significant drops in cocoa production, tightening global supplies. Early grinding reports show declines across major regions, reflecting high prices and inventory …
Cocoa Market Crisis: Prices Volatile Amid Shortages Read More »
Quick Look: Current price falls to $1,041.05, down 2.91% today and 5.32% annually. Influenced by geopolitical events and shifts in auto industry demands. Palladium futures remain active, with an uncertain market outlook. In recent trading sessions, palladium has witnessed a notable decline. The current price reached $1,041.05. Thereby showing a daily decrease of 2.91% and …
Quick Look: Wheat prices show a bearish trend, currently at $569.80. The market faces pressures from the strong US dollar and high Russian shipments. Global supply abundance could push prices down to $552.80 or $541.80. US dollar strength impacts the overall commodity market, lowering demand. Global events like Russian military actions and poor French crops …
Wheat Prices Drop to $569.80, Forecast to Hit $541.80 Read More »
Quick Look: Nickel smelting causes local communities severe health problems and environmental impact. Indonesia uses coal power for operations, bucking global clean energy trends. The nickel market flooded, reducing global prices and affecting major producers. Industry incidents and poor safety conditions highlight systemic management issues. Indonesia’s boom conflicts with environmental sustainability goals. Indonesia’s aggressive expansion …
Indonesia’s Nickel Surge: 95% Coal Power in 2024 Read More »
Quick Look: The Spirulina Market is Predicted to grow to USD 1077.96 million by 2029 at a 7% CAGR. Health trends and technological advancements drive market growth, particularly in plant-based supplements. Challenges include price fluctuations, environmental concerns, and regulatory hurdles, but opportunities exist in diversification and new markets. Spirulina, rich in protein and antioxidants, finds …
Spirulina Market to Hit $1077.96M by 2029, 7% CAGR Read More »
Quick Look: Global uranium production increased by 11.7%, reaching 60.3 kilotons due to clean energy shifts and geopolitical tensions. Uranium prices hit a 15-year high in January 2024, with investments in nuclear energy rising significantly. Kazakhstan and Canada lead in uranium production, with Kazakhstan producing nearly 40% of the global output. Uranium price per pound …
Uranium Stocks Peak: 11.7% Production Boost & Price Hike Read More »
Quick Look: The bearish trend in soybean prices, with forecasts suggesting a drop to $1164.00 and $1131.40. Delay in Dynamic Soy Decision Support Tool launch to Fall 2024 for further development. Optimal soy planting dates range from mid-April to mid-May to avoid yield losses. Concerns over U.S. soy crush capacity are potentially overbuilding despite a …
Soybean Prices to Drop: Forecast Hits $1131.40 Amid Volatility Read More »
Quick Look: Silver prices hit a three-year high at $27.25, a 9.4% increase, showcasing a bullish market trend. Key drivers include strong industrial data from China, a technical breakout, and a global supply deficit. Parallel rise in gold prices, with gold reaching a new high at $2,315, reflecting increased interest in precious metals. Silver’s industrial …
Quick Look: WTI crude is up by 0.3% to $85.43, and Brent crude is up by 0.5% to $89.35 amid global tensions. May gasoline + +0.1%, heating oil + +0.8%, natural gas + +1.1%. Crude inventory +3.2M barrels; gasoline inventory -4.3M barrels. Tehran vows retaliation; Ukrainian attacks impact Russian refining. In the latest commodities market …
Gasoline Prices Up 0.5%: Geopolitical Tensions Stir Markets Read More »
Quick Look: Cocoa prices have skyrocketed, doubling in early 2024 and tripling over the past year. Major chocolate companies face stock declines and increased production costs, pushing chocolate to become a luxury commodity. Financial analysts highlight the negative impact on companies like Hershey, with consumer behaviour shifting due to rising prices. In an unprecedented shift …
Cocoa Prices Triple: Hedge Funds Face Record Exposure Read More »
Quick Look: Green premiums are rising, with a 5% premium for low or zero carbon emissions aluminium products. Middle-Eastern aluminium commands a 2% green premium, indicating shifting market dynamics. New Zealand is seeing significant interest in its almost zero-carbon product to capture up to 20% of the market. Growing demand and tightening supply conditions are …
Aluminium’s Green Revolution: 5% Premiums Lead Change Read More »
Quick Look: Gold (XAU) scores record high as prices soared unprecedentedly on Monday. U.S.-China economic health and Fed rate cut probabilities shape gold prices. Bullish sentiment persists, but potential correction looms, influenced by central bank actions and inflation data. Gold’s allure has intensified, capturing the attention of investors worldwide as it reached new record highs …
Gold Hits Record $2,265 Amid Fed Cut Speculation Read More »
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