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

[behappyalways]

Got Milk? Cow-Juice Prices Are Soaring Amid Higher Feed Costs, Smaller Herds
https://www.zerohedge.com/commodities/a ... ven-higher

[behappyalways]

Global Food Prices Rise Again, Hitting New Decade High
https://www.zerohedge.com/commodities/g ... ecade-high

[winston]

Commodity prices to ease in 2022, says Fitch Solutions

by Surin Murugiah

It expects commodities to remain elevated compared to historical levels amid a still-supportive macroeconomic backdrop and low stocks.

We see ferrous metals (iron ore and steel), natural gas NBP, thermal coal and oil crops (palm oil and soybean) averaging sharply lower, while we expect Asia LNG (liquefied natural gas), the US Henry Hub, tin, lithium, milk and cocoa to average higher.

“Brent will mostly average flat next year” .

Risks
“We highlight a number of risks looming over commodities in 2022, including downside risks to global economic growth, continued supply risks from Covid-19 related disruptions, uncertainty surrounding Covid-19 variants’ severity and a number of geopolitical risks, most notable the US-China relationship and the Russia-Ukraine tensions,” it said.

Source: theedgemarkets.com

https://www.theedgemarkets.com/article/ ... -solutions

[winston]

China must beware ‘grey rhino’ of primary commodities shortage, top policymaker warns

by Orange Wang

“Some commodities, like petroleum, iron ore, copper and soybean, have a high reliance of 70 or even 80 per cent on imports.

Months of power crises across China because of a shortage of coal.

Chinese economy faced pressure on three fronts:-
1. Contraction of demand
2. Supply shocks and
3. Weaker expectations

An acceleration in adopting advanced exploitation technologies for oil and gas, creation of a waste recycling system, and making agricultural production capacity a greater priority.

The natural resources ministry said in August that domestic iron ore would be at the centre of a strategic minerals exploration drive.

Source: SCMP

https://www.scmp.com/economy/china-econ ... gn=3159354

[behappyalways]

Helium


日本迪士尼樂園不賣氣球了！ "氦氣短缺+飆漲"全球鬧氦氣荒 恐影響各產業科技發展｜主播 王志郁｜【大世界新聞】20211224｜三立iNEWS
https://m.youtube.com/watch?v=pyHfHQKyBwI

[winston]

Commodities Could Absolutely Soar in the Next Decade

by Dan Ferris

A decade of higher commodity prices and generally poor equity returns would be right in line with the picture we’ve just painted.

Source: Daily Wealth

https://dailytradealert.com/2021/12/24/ ... xt-decade/

[behappyalways]

積怨已久一次爆發! 液化石油氣"價格飆漲" 哈薩克陷動亂 內閣為此總辭! "能源危機"天然氣.煤炭和石油價格屢創新高 歐洲陷"能源貧窮"窘境│主播王志郁｜【大世界新聞】20220106｜三立iNEWS
https://m.youtube.com/watch?v=Wf_n6BeNUME

[winston]

Plan for decades of high commodity prices, BlackRock says

The switch toward a greener world is creating fresh demand for metals such as copper, lithium and nickel.

While infrastructure spending will require large amounts of materials like steel and cement, the green revolution will also need more metals including cobalt and nickel for products like batteries.

Source: Bloomberg

https://www.theedgesingapore.com/news/c ... krock-says

[behappyalways]

'Milkflation' Fears Mount As Supply Dwindles, Dairy Group Warns
https://www.zerohedge.com/markets/milkf ... roup-warns

[behappyalways]

Kraft-Heinz Again Raises Prices On Dozens Of Products As Inflation Continues To Bite
https://www.zerohedge.com/economics/kra ... inues-bite