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HomeCommodities

Commodities

Aljazeera International

The G20 risks becoming more irrelevant

December 10, 2022 Mariel Alumit

The global economy is besieged by soaring inflation and mounting debt, fuelled primarily by the climate emergency and Russia’s full-scale invasion of Ukraine. The need is urgent: the United Nations has identified 54 countries in […]

Prices
Commodities

Core Producer Prices Surged In November; Food & Brokerage Costs Spiked

December 9, 2022 Mariel Alumit

Having fallen for four straight months, the year-over-year change in Producer Prices was expected to continue to slow in November to +7.2% (from +8.0% in October) with a 0.2% increase MoM. However,m the headline printed […]

Farmers
Commodities

British Farmers Warn Skyrocketing Costs Will Reduce Food Supply

December 9, 2022 Mariel Alumit

Britain’s farmers are sounding the warning, saying huge price hikes in products they use have left them in a dire situation, and could precipitate a food supply crisis which will spread across the nation, according […]

US
Aljazeera International

US extends export bans on three firms over illegal China exports

December 8, 2022 Mariel Alumit

The US Department of Commerce will continue to deny three US-based firms’ export privileges, the government said, adding that the companies had illegally exported satellite, rocket and defence technology to China. The extension came after […]

China
Commodities

Freefalling China, Taiwan Exports Scream Global Recession

December 7, 2022 Mariel Alumit

There has been a double whammy of good news/bad news from China this morning. On one hand, and just one week after China was rocked by violent protests over the regime’s increasingly draconian and deadly […]

OPEC
Commodities

OPEC+ Imposes No Changes In Production

December 6, 2022 Mariel Alumit

At its latest meeting the alliance of OPEC and its allied countries, including Russia, also known as OPEC+, has decided to not change its production quotas for member countries. Analysts say the cartel has decided […]

Commodities

Ukraine Wheat Harvest Crushed Expectations: Satellite Analysis -This is great

December 4, 2022 Mariel Alumit

After much worrying about the effects of war on the country’s food production, Ukraine’s 2022 wheat harvest far exceeded forecasts — but Russia took a billion-dollar share in the occupied east — according to analysis […]

Commodities

“Atmospheric Chess Pieces Align”: Polar Vortex May Unleash Arctic Blast As Far As Deep South

November 27, 2022 Mariel Alumit

Ever so often, the polar vortex dips south over North America from its usual perch in the Arctic and brings a blast of cold air. The next arrival appears imminent, potentially as early as the […]

Commodities

The Consumer Economy Has Completely Collapsed – “It’s A Ghost Town” For Holiday Shopping Everywhere

November 27, 2022 Mariel Alumit

Authored by Sundance via TheConservativeTreehouse.com, “Crowds? I see nothing. I’m surprised,” retail worker Jeremy Pritchett told FOX 2. “Normally, it’s wrapped all the way around the building. Today: no one.” That’s the typical ground report […]

Commodities

The Diesel Crunch Is Finally Causing Demand Destruction

November 27, 2022 Mariel Alumit

By Tsvetana Paraskova of OilPrice.com High prices seem to have started to weigh on diesel demand in the United States, where distillate inventories – comprising diesel and heating oil – have been slowly rising over […]

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