Five Key Commodity Market Trends to Monitor This Week

Reported 2 days ago

In the global commodity markets for the week, significant trends include a rise in major commodities, bolstered by gold's performance, while coffee and cocoa prices continue to climb, affecting consumers. Oil inventories saw a notable decline, reaching the lowest levels for this time of year since 2007. Despite gains in the Bloomberg Commodity Spot Index, agricultural prices have limited overall performance. Additionally, the outlook for green hydrogen reveals higher long-term costs than previously anticipated, affecting its adoption as a clean fuel.

Source: YAHOO

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