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Friday, September 8, 2023

Commodities Prices as of June 2023

  • Copper: The global price of copper rose by 12.35%. This is the largest one-day increase in copper prices since March 2020. The rise in copper prices is due to concerns about a global supply shortage.
  • Iron ore: The global price of iron ore rose by 4.52%. This is the third consecutive day of gains for iron ore prices. The rise in iron ore prices is due to strong demand from China.
  • Nickel: The global price of nickel fell by 1.82%. This is the first decline in nickel prices in three days. The decline in nickel prices is due to profit-taking after a sharp rally in recent weeks.
  • US regular all formulations gas price: The US regular all formulations gas price fell by 3.39%. This is the fifth consecutive day of declines for gas prices. The decline in gas prices is due to a slowdown in demand in the United States.
  • Global food index: The global food index fell by 3.96%. This is the largest one-day decline in the food index since March 2020. The decline in the food index is due to a combination of factors, including lower prices for corn, wheat, and soybeans.
  • Aluminum: The global price of aluminum fell by 10.33%. This is the largest one-day decline in aluminum prices since March 2020. The decline in aluminum prices is due to concerns about a global economic slowdown.
  • Crude oil prices: The price of crude oil fell by 13.11% and 14.24% for WTI and Brent crude, respectively. This is the largest one-day decline in crude oil prices since April 2020. The decline in crude oil prices is due to concerns about a global economic slowdown and a slowdown in demand in China.
  • Rubber: The global price of rubber fell by 17.92%. This is the largest one-day decline in rubber prices since March 2020. The decline in rubber prices is due to concerns about a global economic slowdown.
  • Corn: The global price of corn fell by 24.76%. This is the largest one-day decline in corn prices since March 2020. The decline in corn prices is due to concerns about a global economic slowdown and a slowdown in demand in China.
  • WTI crude: The price of WTI crude fell by 25.66%. This is the largest one-day decline in WTI crude prices since April 2020. The decline in WTI crude prices is due to concerns about a global economic slowdown and a slowdown in demand in China.
  • Barley: The global price of barley fell by 28.04%. This is the largest one-day decline in barley prices since March 2020. The decline in barley prices is due to concerns about a global economic slowdown and a slowdown in demand in China.
  • Average price: Eggs, grade A, large (cost per dozen): The average price of eggs fell by 28.68%. This is the largest one-day decline in egg prices since March 2020. The decline in egg prices is due to concerns about a global economic slowdown and a slowdown in demand in China.
  • Global price index of all commodities: The global price index of all commodities fell by 30.82%. This is the largest one-day decline in the global price index of all commodities since March 2020. The decline in the global price index of all commodities is due to concerns about a global economic slowdown.
  • Global price of energy index: The global price of energy index fell by 49.11%. This is the largest one-day decline in the global price of energy index since March 2020. The decline in the global price of energy index is due to concerns about a global economic slowdown and a slowdown in demand in China.
  • Global price of LNG, Asia: The global price of LNG, Asia fell by 73.57%. This is the largest one-day decline in the global price of LNG, Asia since March 2020. The decline in the global price of LNG, Asia is due to concerns about a global economic slowdown and a slowdown in demand in China.





























 

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