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India has imposed immediate restrictions on silver imports in nearly all forms to reduce shipments and alleviate pressure on the rupee, which is expected to tighten local supplies and potentially raise premiums in the domestic market amidst a significant increase in prior import expenditures. #SilverImports #IndiaEconomy #CommodityMarket #IN #AE #GB #CN

The article explores the mystery behind the significant disparity between the low cost of crude oil extraction in Saudi Arabia and the high market price of petrol, delving into the various stages of the oil supply chain, including production, shipping, and refining, while featuring insights from industry experts. #OilPrices #EnergyEconomics #CommodityMarkets #SA #TH

China, the world's most energy-intensive economy, is undergoing significant structural changes due to a prolonged weakness in its property sector, which has altered its demand generation, job creation, and capital allocation, while driving a shift toward a more service-oriented economy and expanding high-end manufacturing, particularly in electric vehicles and renewable energy technologies. #ChinaEconomy #CommodityMarket #EnergyTransition #CN #US #EU #AF #ME #LA

China's crude oil imports have sharply declined due to the Iran war and rising prices, with April figures showing the lowest daily intake in nearly four years, while imports of metals like aluminium and iron ore have increased as China adjusts to supply constraints and stockpiles. #ChinaTrade #CommodityMarkets #CrudeOil #IR #CN #US #AU

(TR) In March, the market reacted with sharp price increases. Let us remind you that the prices of urea jumped to 725.6 USD/t (+53.7% m/m), reaching the highest level in four years. Other fertilizers also became more expensive: DAP cost 658.3 USD/t (+5%), and potash increased to 380.6 USD/t. Overall, the index

A report by the World Bank highlights that rising commodity prices, driven by energy shocks, are expected to increase global inflation and slow growth, particularly in developing countries, where inflation could reach 5.1% by 2026, while also warning of potential worsening scenarios due to conflict escalation which could lead to further increases in oil prices and subsequent impacts on food security and poverty. #Inflation #CommodityMarket #GlobalEconomy #DE #FR #US #GB #IT

Goldman Sachs has raised its oil price forecasts, predicting that crude could reach nearly $120 per barrel by the end of the year due to stalled U.S.-Iran peace negotiations and continued shipping disruptions in the Gulf, while it now estimates Brent crude will average $90 in the final quarter of 2023, up from a previous estimate of $80, with WTI projected at $83. #OilPrices #CommodityMarket #GeopoliticalRisk #US #IR #PK #IQ