Here are some recent information that can increase rubber price tomorrow: The ongoing war in Ukraine: The war has disrupted the global rubber market, as Russia and Ukraine are both major producers of rubber. The war has also caused uncertainty in the market, which could lead to volatility in rubber prices. The weather: Rubber prices can be affected by...
Entry: 968.75 - 1014.50 TP1: 839.50 TP2: 688.00 SL: 1077.25
Information about the war in Ukraine and other disruptions to the global energy market will affect the oil price. However, it is important to note that gasoline prices are not always directly correlated with crude oil prices. For example, if OPEC increases production, it could help to keep gasoline prices down. Entry: 2.6086 - 2.4844 TP1: 2.9470 TP2: 3.3276 SL: 2.3279
Here are some information that can decrease coffee price in the short term: A bumper crop of coffee beans: If there is a bumper crop of coffee beans, this will lead to an increase in supply and a decrease in prices. This is because the market will be flooded with coffee beans, which will drive down the price. A decrease in demand for coffee: If there is a...
There are a few factors that have contributed to the recent decrease in soybean prices. A record crop is expected in the United States. The US Department of Agriculture (USDA) is forecasting a soybean production of 122.7 million tonnes in 2023, which would be a record high. This is due to favorable weather conditions and an increased area under cultivation. ...
Here are some recent information that have increased cotton prices: Drought in Texas: The US state of Texas is a major cotton producer, and the ongoing drought in the state is expected to reduce cotton production by 2.5 million bales in the 2023/24 season. Reduced cotton production in China: China is the world's largest cotton producer, but the country is also...
The recent information that could make corn prices increase in the near future include: The war in Ukraine: The war in Ukraine has disrupted global grain exports, including corn. Ukraine is a major exporter of corn, and the war has prevented it from exporting its grain. This has led to a shortage of corn on the global market, which has pushed up prices. The...
There are a number of reasons why the price of platinum is expected to increase in the future. These include: Reduced supply: The supply of platinum is expected to decline in the coming years due to a number of factors, including: The depletion of existing mines The high cost of exploration and development The environmental regulations that make it more...
The factors that could increase oil prices in short term The ongoing war in Ukraine. The war has disrupted Russian oil exports and led to higher prices. If the war continues or escalates, it could put further upward pressure on oil prices. The U.S. Federal Reserve's plans to raise interest rates. Higher interest rates could slow economic growth and reduce...
Recent information that could affect natural gas prices include: The ongoing war in Ukraine, which has disrupted natural gas exports from Russia to Europe. The heat wave in the United States, which has increased demand for natural gas for air conditioning. Entry: MKT SL: 2.545 TP: 2.735