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Brent crude futures edged down toward $69 on Tuesday as markets weighed upcoming U.S. tariffs, rising OPEC+ output, and ongoing Middle East tensions—factors combining to stir geopolitical uncertainty, ...
And that’s when demand explodes for commodities like copper, aluminium, steel, iron, lead, zinc, and silver." Commodity markets are currently positioning themselves for a potential long-term uptrend.
Bouncing crude oil has usurped gold at the top of the commodity radar nearing the end of 1H, but may accelerate price-elasticity forces, Bloomberg Intelligence analysis shows.
The vegetable oil price index rose 2.3% from May to 155.7 points, now 18.2% above its June 2024 level, led by higher palm, rapeseed, and soy oil prices.
How are prices on the commodity exchange decided? A commodity exchange, according to Andrew Moriarty, US director of commodity insights at commodity price data company Mintec Global, allows a buyer to ...