Gold prices threaded in sideways last week as bargain-hunters are beginning to pick bottom at USD1805 /oz level. This week, we reckon the market movement will move within the USD1805 – USD1860 /oz ran…
Agriculture
Weekly Rubber Report – 20 Jun 2022
Market Fundamentals: Both U.S. Federal Reserve and Bank of England raised interest rate last week to counter global inflation. Dollar Index advances against Asia currencies and maintains strong moment…
Israel, PH to partner up on agriculture
This can be gleaned from the statement of Ambassador Ilan Fluss of Israel following his courtesy call to President-elect Bongbong Marcos on Monday, June 13 a the BBM headquarters in Mandaluyong City. …
Commodity Market Report – 13 Jun 2022
Gold prices reversed up from USD1840 /oz on Friday and sent a strong signal on rising. This week, we forecast the trend will sit firmly on USD1850 /oz support and surge further. The initial range will…
Weekly Rubber Report – 13 Jun 2022
Market Fundamentals: Global inflation has triggered a price rise in general commodities including rubber. However, Dollar Index (USDX) is extending its’ gain and the market reached above the 104…
Weekly Rubbr Report – 6 Jun 2022
Market Fundamentals: Rubber prices recovered last week as Crude demand strengthened again. Wintering seasons also limit the supply and have helped in the Rubber demand. On Friday, the American payroll…
Commodity Market Report – 30 May 2022
Gold prices have returned to test USD1850 /oz last week. Moving forward, the market may correct again as the trading sentiment remains uncertain. This week, we target the range to contain from USD1810…
Weekly Rubber Report – 30 May 2022
Market Fundamentals: Last week, the Dollar Index (USDX) fell from the 103.00 level to the 101.00 regions. General commodity prices have recovered in demand. Crude prices resurged and lifted the Rubber…
The impact of Indonesia’s ban on palm oil exports reverberated across the globe
Amid an ongoing global food price crisis, vegetable oils are registering record-breaking highs. According to data compiled by the Food and Agriculture Organization of the United Nations, the price for…
Weekly Rubber Report – 23 May 2022
Market Fundamentals: Rubber prices stabilized last week due to global supply shortages. Monsoon season in South-East Asia countries has disrupted the production of many raw material. Meanwhile, the un…