Tag: Commodity market
Deutsche Bank advises strategic raw material reserves
Aluminum ingot from Russia Germany is also dependent on imports from Russia and China for many raw metals. (Photo: Reuters) Frankfurt, Zurich According to Deutsche Bank, Germany and other European…
High raw material prices threaten the boom in electric cars
Munich, Zurich For Yann Vincent, head of the Automotive Cells Company (ACC), the matter is quite simple. By the end of the decade, more than two thirds of new cars…
An oil embargo would be an experiment with an uncertain outcome
The PCK refinery in Schwedt, Brandenburg The greater Berlin-Brandenburg area is heavily dependent on the refinery, which is majority owned by the Russian Rosneft group. (Photo: REUTERS) The EU is…
What to expect from the next sanctions package
Christopher Herwartz Christoph Herwartz, correspondent in the Handelsblatt office in Brussels, analyzes trends and conflicts, regulatory projects and strategic concepts from the inner workings of the EU. Because anyone interested…
These materials are now massively more expensive
Construction site sign and construction cranes in Munich According to a survey, nine out of ten construction companies in Germany are currently complaining about price increases. (Photo: dpa) Dusseldorf A…
Indonesia bans the export of palm oil, which increases prices
Palm oil fruits in the hands of an Indonesian farm worker In Indonesia, citizens have been demonstrating against high food prices in recent days. (Photo: dpa) Bangkok Indonesia is threatening…
Siemens Gamesa: Wind power must become more expensive
wind power The wind division of Siemens Energy is still a loss-making business. (Photo: dpa) It’s a paradox: the demand for wind turbines has never been as great as it…
Why butter and milk are becoming even more expensive
Dusseldorf UHT milk and butter are currently sold out in many supermarkets. Many consumers seem to be hoarding staple foods. In an interview with the Handelsblatt, Eckhard Heuser, General Manager…
Why butter and milk are becoming even more expensive
Dusseldorf UHT milk and butter are currently sold out in many supermarkets. Many consumers seem to be hoarding staple foods. In an interview with the Handelsblatt, Eckhard Heuser, General Manager…
Comment: Why South America is becoming more important
Iron ore mining in Brazil Few other countries in the world have experienced such a positive boost since the start of the Ukraine war as the countries of South America.…
Development of lithium production is progressing slowly in Europe
Zurich, Vienna, Madrid, Stockholm, Rome The price of lithium, the key ingredient in lithium-ion batteries for electric cars, has been skyrocketing for months. According to data from the analysis company…
Producers of agricultural products raise prices
potato harvest 87.6 percent more was required for ware potatoes. (Photo: imago images/Countrypixel) Berlin Even before the start of the war in Ukraine, producers of agricultural products had raised their…
Construction industry suffers from increased raw material costs
Construction site in Stuttgart The construction industry complains about the poor availability of structural steel and other important primary materials. (Photo: dpa) Dusseldorf During the pandemic, construction was one of…
More and more car manufacturers are stocking up on battery metals
Battery cell production at VW in Salzgitter With the turn to electric cars, the capacities for cell production and with them the demand for raw materials for them are growing…
Wholesale prices increase by up to 70.2 percent
aluminum Ores, metals and semi-finished metals also rose sharply by 55.8 percent. (Photo: dpa) Berlin German wholesalers raised their prices at record speed in March after the Russian invasion of…
Shell writes off up to $5 billion
Shell petrol station in London The oil company sees a write-down requirement of up to five billion dollars in the first quarter. (Photo: AP) Dusseldorf At the beginning of March,…
Why it’s hard to cut off Vladimir Putin’s source of foreign exchange
Russian oil fields The EU fears that the Russians could divert oil exports to other countries and benefit from them. (Photo: Bloomberg) Berlin, Brussels, Zurich A small group of demonstrators…
First oil price rise will drive inflation at least two years
Berlin The tense situation caused by the Ukraine war is causing oil prices to rise. In March, the oil price rose by around 20 percent. That jump in March will…
Why it’s hard to cut off Vladimir Putin’s source of foreign exchange
Russian oil fields The EU fears that the Russians could divert oil exports to other countries and benefit from them. (Photo: Bloomberg) Berlin, Brussels, Zurich A small group of demonstrators…
How the Ukraine war could shake Africa
Cape Town The military rulers in Sudan must have sensed a certain uneasiness when they had to almost double the price of bread last year because of high inflation. When…