Commodities - General News 04 (May 18 - Dec 25)

[behappyalways]

Global egg shortage crisis, bird flu, global warming and inflation supply chain problems are hard to solve

全球缺蛋危機 禽流感.暖化.通膨供應鏈問題難解 TVBS文茜的世界財經周報 202300312

https://m.youtube.com/watch?v=NIH3YjIVb28

[winston]

Commodities – China

Weekly: Gold Steadies Above US$2,000; Market Sees Over 80% Odds Of A 25bp
Hike In May

Gold and copper futures retraced from the multi-month peak on 14 April on the hawkish
statement from the Fed governor.

Traders now see over 80% odds of a 25bp rate hike in
the next FOMC meeting.

Weakening steel prices have further compressed steel mills’ profitability. With steel production still hovering at high levels, we see strong inventory pressure ahead.

Cement prices have continued weakening while inventory is piling up, due to high capacity utilisation and a lack of incremental demand from new projects.

Source: UOBKH

https://research.uobkayhian.com/content ... 824d101496

[behappyalways]

How Sodium-Ion Batteries May Challenge Lithium
https://m.youtube.com/watch?v=RQE56ksVBB4

[behappyalways]

Olive Oil Prices Soar As Top Producer Plagued With Drought
https://www.zerohedge.com/commodities/o ... ed-drought

[behappyalways]

These Five Niche Commodities Signal China's Recovery Faltering
https://www.zerohedge.com/commodities/t ... -faltering


Orange Juice
https://twitter.com/Mayhem4Markets/stat ... 1097966593

[behappyalways]

BHP and Rio Tinto are the world's largest miners.
Together represent ~$250b in market value.
Recently, they shared outlooks at the Bank of America Global Metals, Mining & Steel Conference in Barcelona.

https://twitter.com/paola_rojas/status/ ... 9489149954

[behappyalways]

Solar Grade Polysilicon Prices Crash Amid Global Supply Glut
https://www.zerohedge.com/commodities/s ... upply-glut

[winston]

Jefferies: CN-driven Metal Super Cycle is Over

The China-driven super cycle for metals such as copper, aluminum and iron ore has ended, as longer-term demand has shifted away from China to the US and Europe, amid a declining Chinese population and geopolitical situation, according to a report from Jefferies.

The report noted that the urbanization and industrialization-led super cycle in China is over, while the energy transformation and decarbonization cycle is just beginning.

It is expected that China is more likely to be a headwind than a tailwind for demand in the next decade.

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... r-news/HK6

[behappyalways]

https://twitter.com/Mayhem4Markets/stat ... 6657989633

[behappyalways]

Tomatoes have increased by as much as 445%!
India's "heat wave + flood" hits vegetable prices soaring, and the local McDonald's hamburger "has no tomatoes". People lament: it is more expensive than gasoline

番茄漲幅高達445%! 印度"熱浪+洪水"來襲蔬菜價格飆漲 當地麥當勞漢堡慘"沒番茄" 民眾苦嘆: 比汽油還貴│記者 王少筠│【國際大現場】20230708│三立新聞台

https://m.youtube.com/watch?v=DLJQZ1nQisU