COMMODITY INSIGHTS
Commodities are capturing vastly the attention of investors amid the latest monetary turbulence. Our experts, therefore, demonstrate the daily global commodity key developments to know.
08 Feb 2022
Aluminium jumps to near 13-year high on supply disruptions
Aluminium price rose 2% to $3,170/Tn on Tuesday morning, posting its highest level since mid-October 2021, on growing concerns over supply shortages in China, falling...
04 Feb 2022
WTI crude oil hits $92/b for the first time since 2014
WTI and Brent oil prices jump 2% on Friday afternoon, posting fresh multi-year highs of $92/b and $93/b respectively as investors digest the decision of the OPEC+...
20 Jan 2022
The commodity sector outperforms in 2022 as inflation persists
Commodity markets have been in a bullish momentum since the start of the year, outperforming technology and financial sectors despite concerns over the impact of the Omicron variant on-their demand...
09 Dec 2021
Brent oil rebounds above $75/b as Omicron worries fade away
Brent crude continues rebounding from recent monthly lows, topping $76/b on Thursday while the price of the U.S-based WTI oil contract is recovering above $72/b as...
02 Dec 2021
Coffee prices hit 10-year highs on weather-led supply disruptions
Agricultural commodity inflation is here to stay elevated longer than expected due to a combination of demand/supply imbalance, and extreme weather, making food and...
03 Nov 2021
Iron ore crashes 55% from record highs on Chinese steel curbs
The price of Iron ore slumped to as low as $95 per ton on Tuesday morning, falling for a fifth day after the reports that the Chinese daily steel output in October dropped to the lowest since March...
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