Tag: Commodity market
The lack of material in the construction is decreasing somewhat
construction site Unlike in construction, the shortage of materials in industry had worsened again at the end of 2021. (Photo: dpa) Berlin The shortage of materials on the German construction…
This is how Russia, China and the USA react
Istanbul, Moscow, Berlin, Beijing, Washington The state crisis in Kazakhstan is widening dramatically. President Kassym-Shomart Tokayev fired the government and deposed long-time head of state Nursultan Nazarbayev as head of…
The oil diplomat supposed to appease the United States
Haitham al-Ghais The new OPEC General Secretary faces completely different challenges than his predecessor. (Photo: Getty Images) Zurich Haitham al-Ghais is expected to take on a delicate job in August:…
New sources of oil discovered off South America
ExxonMobil The energy company had already discovered a large oil deposit in Guyana in 2015, and further discoveries have now been made. 25 percent of the income should go to…
The high energy prices will continue to fuel inflation in 2022
Rising energy costs The burdens for consumers are likely to increase significantly. (Photo: dpa) The OPEC oil exporting states are increasing their production – and yet the oil price is…
Opec-plus is sticking to its subsidy policy – the raw materials rally is likely to continue
Oil pump in the Gulf state of Bahrain Analysts expect a multi-year bull market in crude oil. (Photo: AP) Zurich More than 100 million barrels of crude oil per day,…
CEO Gary Nagle has to convince investors of his coal strategy
Gary Nagle Prior to his appointment as CEO, he led Glencore’s coal business. (Photo: PR) Zurich It was the first attack he had to endure as Glencore CEO – and…
Material shortages in the industry are worsening
Shipping container The international supply chains are still disrupted. (Photo: dpa) Berlin According to the Ifo Institute, the shortage of materials in German industry worsened again in December. Almost 82…
Nord Stream dispute drive up energy prices in Europe
Nord Stream 2 construction The price for gas for delivery in a month briefly climbed to just under 120 euros per kilowatt hour on Tuesday at the Rotterdam trading center.…
Vulcan Energy wants to accelerate the development of its own lithium conveyor technology with an investment of millions
View of the Upper Rhine Plain Europe’s largest lithium source is located in the so-called Upper Rhine Graben. (Photo: Juergen Feuerer / Chrome Orange /) Zurich, Düsseldorf The lithium start-up…
German managers call for a pact between politics and industry
Düsseldorf, Zurich Markus Steilemann rarely allows himself to be dissuaded from his innate optimism. As CEO of the plastics manufacturer Covestro, he knows about the huge challenges of a green…
Experts expect prices to rise in 2022
Battery metals Electric cars, power lines and wind farms require large amounts of metals. Experts have identified four major beneficiaries: copper, nickel, lithium and cobalt. (Photo: Bloomberg) Zurich It was…
The price of coffee jumps to its highest level in ten years. Sugar, wheat and corn have also risen again recently.
Growing coffee beans in Brazil Logistics chaos and dry weather in South America are the price drivers. (Photo: AFP / Getty Images) Zurich High freight prices and dry weather in…
The price of coffee jumps to its highest level in ten years. Sugar, wheat and corn have also risen again recently.
Growing coffee beans in Brazil Logistics chaos and dry weather in South America are the price drivers. (Photo: AFP / Getty Images) Zurich High freight prices and dry weather in…
Rising energy costs require a variable CO2 price
Oil pumps on an oil field near Ponca City The energy costs have risen significantly recently. (Photo: dpa) Germany’s consumers are groaning at rising prices for petrol, diesel, oil and…
Oil prices in the basement: Opec-plus countries expand oil production
Opec The cartel is sticking to the subsidy policy – despite lower prices. (Photo: Reuters) Zurich The alliance of the oil exporting countries Opec plus surprisingly decided on Thursday to…
Gary Nagle wants to mine more coal in 2022 despite criticism
Zurich Despite criticism from shareholders, Glencore boss Gary Nagle is sticking to the coal business for the time being. At the presentation of his strategy on Thursday, the CEO of…
Opec-plus countries expand oil production and push the oil price into the cellar
OPEC logo The cartel is sticking to the subsidy policy – despite lower prices. (Photo: Reuters) Zurich The alliance of the oil exporting countries Opec plus surprisingly decided on Thursday…
Food is therefore likely to become significantly more expensive in 2022
In the supermarket Food is likely to become even more expensive in 2022. Because there is a lack of fertilizers worldwide, the harvests are smaller. (Photo: dpa) Dusseldorf Farmer Cornel…
Oil prices collapse by more than ten percent
Oil field The oil market last collapsed so badly in May 2020. (Photo: imago images / YAY Images) Zurich At the end of the trading week, panic on the markets…