Some Commodities Have Now Wiped Out All of Their 2021 Rally

Bloomberg2021-06-18

(Bloomberg) -- For all the talk of a commodities boom, some markets have now wiped out gains for the year and several more are close to doing so. Soybean futures have erased their 2021 advance, ...

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精彩评论

koolgal
2021-07-09
koolgal
This article highlights the volatility that the Commodities Market face. Caution is prudent when trading in such volatile market.
梁娜娜本人
2021-06-21
梁娜娜本人
O
paulinechuaa
2021-06-20
paulinechuaa
Good
luv2trade
2021-06-20
luv2trade
ok
- luv2trade:
  1
- luv2trade:
  2
- luv2trade:
  3
- luv2trade:
  4
- luv2trade:
  5
7fbd9d
2021-06-20
7fbd9d
Ok
Pekpek
2021-06-19
Pekpek
Nice

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The Bloomberg Grains Spot Subindex slid the most since 2009 on Thursday, before edging higher on Friday as markets recovered some losses. Other commodities that have seen their big rallies evaporate include platinum, while once-surging nickel, sugar and even lumber have faltered.\nThe fact that some markets are falling while others -- including crude oil and tin -- are holding gains underscores how unevenly the complex is responding to economies reopening and expanding once again. While those materials have climbed on strong demand fundamentals, others face their own unique headwinds, such as an easing supply worries in soybeans and monetary policy uncertainty in the case of gold and silver.\nSome materials also took a hit this week on the Federal Reserve’s signals for interest-rate increases, a rising dollar and China’s efforts to slow inflation. 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