FlowBank

1120 days ago

Agri and foodtech are the future

Investments in the agricultural and foodtech business have soared in the past couple of years, going from a little over $6 billion in 2014 to over $30 billion in 2020. The way we grow food and eat it will likely be one of the most disrupted area of our economy in the next few years.

#Commodities #Technology
Agri and foodtech are the future

1121 days ago

Surprise! Copper trader gets unexpected delivery of six thousand tonnes of spray-painted rocks

A commodities trader was given painted stones instead of $36m (£26m) of copper from a Turkish supplier in a fraudulent deal last summer.

#Commodities
Surprise! Copper trader gets unexpected delivery of six thousand tonnes of spray-painted rocks

1121 days ago

Australia producers most Lithium but processing happens in China

One of the world’s biggest lithium miners by production, Albemarle Corp. , is based in nearby Charlotte. Nearly all of its lithium today, however, is extracted in Australia and Chile, which have large, accessible deposits of the metal. Only about 1% of global lithium output is both mined and processed in the U.S. China, with a huge chemical industry and low costs, unearths about 10% and processes about two-thirds of what’s dug up. Source: WSJ

#Commodities

1122 days ago

Gold closed at its lowest since last April and is down 20% from its high

Is this a buying opportunity? With commodities turning around, today's price might be a rare gift worth having a look at. Or this refuge value might just be uninteresting as the economy promises to relaunch again.

#Commodities
Gold closed at its lowest since last April and is down 20% from its high

1123 days ago

GSCI Agricultural Commodity Price index keeps rising

The GSCI Agricultural Commodity Price Index has risen by 1.8% this month, as food price keep rising throughout the globe. 

#Commodities
GSCI Agricultural Commodity Price index keeps rising
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