Reported about 16 hours ago
This week, global commodity markets are influenced by significant developments: US oil executives will meet with President Trump to address energy policy amidst fluctuating crude prices. Meanwhile, coal demand is expected to rise, particularly in the US, countering a recent oversupply. Cobalt prices have surged following an export ban from the Democratic Republic of Congo, which produces most of the world's cobalt. Additionally, many countries are increasing tariffs on steel imports to protect local industries from China's dominating exports. Lastly, the cost of eggs is soaring globally due to bird flu, impacting prices in Europe and the US.
Source: YAHOO