Key Commodity Market Trends: Price Surges and Demand Projections

Reported 1 day ago

This week in global commodity markets reveals significant price increases for coffee, cocoa, and eggs due to volatile weather and avian flu outbreaks, with egg prices hitting new records. OPEC anticipates a rise in oil demand in 2025, primarily from Asian countries, while electricity consumption is surging driven by AI data centers. Additionally, coal demand is expected to reach new highs annually until at least 2027, despite concerns over climate impact.

Source: YAHOO

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