FlowBank

983 days ago

Record profits expected from miners

The world's biggest mining companies are about to reveal how much they gained amid the global commodity boom this year. Analysts estimates that the top 5 companies may have generated over $85 billion for the first half of the year only, or more double than the level a year ago. Source: Bloomberg

#Stocks #Commodities
Record profits expected from miners

983 days ago

Agriculture has been driving growth in Brazil

During the pandemic, agribusiness as a whole, which includes inputs, farming and livestock, processing, and services, grew its part of the economy and could surpass more than 30 per cent of gross domestic product this year. Source: Financial Times

#Commodities

986 days ago

As demand for electricity recovers, thermal coal prices skyrocket

Thermal coal has risen in popularity as a result of supply problems, a drought in China, and rising electricity demand, making the world's least popular commodity one of the best-performing assets this year. Source: Financial Times

#Commodities

986 days ago

Oil closes out a wild week on strong note

West Texas Intermediate edged 0.4% lower, after rallying more than 8% in the preceding three sessions. That run of gains means that prices are little changed on the week, having recouped most of Monday’s slump, when crude plunged on concern the spread of the delta coronavirus variant would crimp consumption just as the OPEC+ alliance moved to add more barrels. Source: Bloomberg

#Commodities

987 days ago

Coffee futures challenging its former 2016 highs

Coffee futures have soared recently, smashing its 2016 highs. Four times in between, it could not go through a resistance at $141.22, it is now above $190. Where will the limit be ? Source: Investing.com

#Commodities
Coffee futures challenging its former 2016 highs
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