Tag Archives: raw materials

Analysis: As liquidity evaporates, oil braces for brutal volatility

A model of 3D-printed oil barrels is seen in front of the falling stock market chart in this illustration taken December 1, 2021. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register LONDON, March 16 (Reuters) – A rise and fall in oil prices of $40 a barrel …

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How Commodity Prices Inflated Globally, Then Lost Some Heat

The price of crude oil fell below $100 a barrel on Tuesday, belying forecasts made even before the war in Ukraine that it could rise above $150. The price of wheat has fallen more than $1.70 a bushel from its March 7 high, while soybean and palm oil have marked …

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Working group, tax cut soon to contain the rise in prices

The government on Sunday decided to take several new measures, including forming a task force and reducing taxes, to contain volatility in the commodity market ahead of Ramadan. An inter-ministerial meeting took the decision to control by all means the soaring prices of edible oil, sugar, lentils and other necessities …

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Looking to profit from soaring energy prices? Consider these 5 ETFs.

The war in Ukraine has driven up energy prices, and there are a plethora of energy-focused exchange-traded funds that allow you to ride the wave. They range from an ETF like State Street Global Advisors’ Energy Select Sector SPDR ETF (ticker: XLE), which is heavily concentrated in a few large …

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Russian-Ukrainian war: refrigerators, air conditioners and electronics will soon become more expensive

If you are planning to buy an air conditioner or a refrigerator this summer, you may have to shell out more for your comfort. As the crisis in Ukraine worsens, major manufacturers of durable consumer items like smart televisions (TVs), air conditioning or refrigerators are warning of another round of …

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Australian and New Zealand dlrs find solace in rising resource prices

SYDNEY, Feb 22 (Reuters) – The Australian and New Zealand dollars held firm on Tuesday as strength in global commodity prices helped offset some of the unease among investors over Russia’s foray into the east from Ukraine. Both countries are major exporters of raw materials, with Australia having a strong …

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Tough negotiations as European retailers clash with food giants

LONDON, Feb 17 (Reuters) – European retailers are locked in protracted price negotiations with giant food companies – including the world’s biggest, Nestle (NESN.S) – as they battle to retain shoppers and protect their profits. Major consumer products companies around the world have announced their intention to raise prices at …

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3 reasons this strategist sees Brent hitting US$120

A top commodity strategist predicts that rising oil prices still have room to go up. Francisco Blanch, managing director and head of global commodities at Bank of America Global Research, thinks European benchmark Brent will hit US$120 a barrel by mid-summer, up from US$91 on Wednesday. at midday. His thesis …

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Huge wave of commodity price inflation expected – ARAB TIMES

WhatsApp Facebook Twitter E-mail Messenger ‘You have to spend an additional 28 KD for every 100 KD’ KUWAIT CITY, February 5: According to experts, the rate of increase in commodity prices in Kuwait amounts to 28%. This means that every citizen and resident is now required to spend an additional …

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AzerGold increases gold and silver production in 2021

December 28, 2021 12:29 p.m. (UTC + 04:00) 423 By Ayya Lmahamad Azerbaijani AzerGold CJSC board chairman Zakir Ibrahimov said the company increased gold production by 2% in 2021, Trend reported. He noted that AzerGold has produced 61,500 ounces of gold since early 2021. It should be noted that last …

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Raw materials 2022: European marine fuel sees its availability reduced

Strong points Marine fuel supply tightness will last until 2022 The wide Hi-5 distribution encourages the installation of the scrubber Record LNG Prices Lead to High Sulfur Fuel Oil Consumption Rising refinery costs impact demand for raw materials Tension in European fuel oil markets will persist until the first quarter …

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Prudent tax strategy key to making Dubai the world’s largest diamond hub – News

Diamonds, gold and jewelry have been key industries in finding a home in the UAE thanks to its location, infrastructure, transparency, ease of doing business and tax regulations. By Ahmed Ben Sulayem Posted: Sun Dec 19 2021, 22:37 Last update: Sun Dec 19 2021, 22:58 In a letter to French …

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Data and technology will fuel the energy transition

World leaders are stepping up efforts for an energy transition that will rely more on renewable energy sources as we move closer to key climate commitments. Investment in the energy transition is well underway, with daily reports announcing new projects for wind, solar, hydrogen, batteries and other storage technologies, hydrogen, …

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KRA launches new generation of postage stamps to fight counterfeits

The Kenya Revenue Authority (KRA) has deployed a new generation of excise stamps for excise goods as part of its strategy to continually review and improve the security features of excise stamps in order to deter counterfeiting. The excise goods covered include alcoholic beverages, tobacco and tobacco products, water, soft …

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Star Bulk Gains Ground As Profits Rise With Commodity Boom, Firm Shipping Rates By Investing.com

© Reuters. By Dhirendra Tripathi Investing.com – Star Bulk Carriers Corp (NASDAQ 🙂 stock jumped more than 3% on Wednesday as the shipping company rode booming demand amid a shortage of ships, helping to to eightfold its profits in the third quarter and to comfortably exceed estimates. Adjusted profit was …

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A guide for business owners

“VAT” on heaps of coins Value Added Taxes (VAT), which are a type of consumption tax, are major sources of revenue for the countries of the Organization for Economic Co-operation and Development (OECD), among other regions. According to the Tax Foundation, VAT actually contributed one-third of tax revenues in OECD …

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Price hikes should not hurt growth

KARACHI: The recent surge in petroleum product prices and electricity tariffs is not expected to hurt economic growth in the current fiscal year, despite the fact that the price hike will immediately raise the inflation rate by about a percentage point. “Strong inflows of workers’ remittances, growth in export earnings, …

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Higher costs on goods are here to stay, SAIT

Market analysts do not see any improvement in the cost of goods in the next period and until the first half of 2022. In fact, Cyprus is one of the most affected countries compared to other countries, due to its strong dependence on imports of products and raw materials, 95% …

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Is higher inflation knocking on the door?

If you regularly follow the kitchen market or find out about the prices of a neighborhood grocery store, you will likely get the obvious answer: The prices of a number of basic items are on the rise. Daily market price data compiled by the state-owned Trading Corporation of Bangladesh (TCB) …

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Understanding the chaos in commodity markets

October 2, 2021 TIT WORLD slot car racing championships are a microcosm of chaos. Tiny models of remote control cars ascend, descend and exit a complicated circuit faster than bewildered spectators can follow. It is impossible to predict the winners. This year’s race, which was scheduled to take place in …

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Mining stocks offer a cheap play on growth. To dig.

Their stocks, however, are trading low amid concerns over the end of the good period for industrial commodities. For investors willing to accept some risk, Big Five miners offer a rich opportunity. All five have single-digit price-to-earnings ratios, among the lowest of any major industrial group in global stock markets. …

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Center, not RBI, can help fight inflation

The “Delta” variant of the coronavirus, which rose to prominence even as the second wave of the pandemic subsided, upended all previous growth projections. India’s growth projection has been revised downward from 12 percent to 9.5 percent. Another area of ​​concern is inflation, reflected by monthly increases in the Wholesale …

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Why should companies hedge their price risk?

The pandemic and its consequences have had a unique impact on the prices of raw materials. While oversupply conditions resulted when lockdowns were imposed around the world, the recovery seen in Western economies and China sparked a bullish surge in commodities, a situation never seen before. . We have seen …

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Commodity companies warned to keep prices stable

Chinese authorities have urged key companies in the bulk commodity sector to curb market irregularities and keep commodity prices stable, according to the National Development and Reform Commission. The NDRC, China’s leading economic planner, as well as the Ministry of Industry, the regulator of state-owned assets, the State Administration of …

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