Key Commodity Trends to Monitor This Week

Reported about 8 hours ago

This week, monitor five critical trends in global commodity markets: Coffee prices for premium arabica beans are reaching highs not seen since 1997 due to supply concerns from Brazil, while silver demand continues to outpace supply, leading to price increases. Europe's natural gas prices are also on the rise as the region faces challenges in replenishing storage for winter. Meanwhile, U.S. oil production is expected to slow despite efforts to boost output, and the Biden administration's clean energy goals may fall short of expectations.

Source: YAHOO

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