Commodities Market Review: Chinese Steel Soared on Restricted Output

Chinese Rebar Reached a 7-Year High After the Trump administration announced the plan of slapping 10 percent tariffs on an extra $200 billion worth of Chinese imports, most of the Chinese commodities were depressed, including metals guided by copper, chemicals and crude oil. However, the steel market stayed robust, mainly supported by the Chinese anti-pollution […]

Commodities Market Review: Big 1-Week Gain of Grain Contracts from Ukraine’s Export Limitation

Commodities Market Review During the past week, grain became the biggest winner once again. Last Thursday, wheat price rallied to a three-year high of $5.93 per bushel. Later on Friday, wheat price further hold the highest level and hence achieved a weekly gain of about 7%. Grain market in general got firmed amid worries about […]