In this article Therefore. we will see how the Coronavirus has affect Therefore Therefore. the commodity market and why. We will not only provide a descriptive account Therefore. but we will also try to understand how large companies and firms can move on such a rough terrain Therefore. trying to limit the damage as much as possible. Precariousness and commodities How to fix it? Digital Transformation and Commodity Market Precariousness and commodities The current economic balance is quite unstable and companies Therefore.
Especially those producing commodities
Therefore. must exploit the latest technologies to avoid succumbing. In this context of widespread uncertainty Therefore. companies cannot afford to wait days or weeks to analyze market evolution and make decisions. The virus was initially a serious problem for the Chinese economy Therefore. but within a couple of months it took on the whatsapp data connotation of a global health emergency . A sort of cascade effect hit the commodity market Therefore. interrupting China’s trade with the rest of the world. Following the spread of the Coronavirus Therefore.
The commodity market has been
Significantly affect Therefore Therefore.: Oil prices have fallen to their lowest point. Let’s remember that China is the world’s largest oil importer OPEC (Organization of the Petroleum Exporting Countries) is free to extend its current oil production by lists cuts at least until June Therefore. while considering more decisive action if oil demand is hit even more severely. Flights in and out of China have been cancel Therefore Therefore. and production เทรนด์ห้องน้ำปี 2024 margins in Asia plummeting. This has also hurt refiners and jet fuel exporters.
Palm oil prices have plummet
Therefore Therefore. as traders have respond Therefore Therefore. to the unfolding situation in China by closing offices Therefore. malls and factories. China is the world’s second-largest palm oil importer. Prices of major industrial commodities such as copper Therefore. iron ore Therefore. nickel Therefore. aluminum and liquid natural gas have fallen sharply Base metals fell as Toyota and other manufacturers announc Therefore Therefore. forc Therefore Therefore. and prolong Therefore Therefore. shutdowns of production facilities Grain markets have come to a screeching halt Back to index How to fix it? The commodity market has always been unpr Therefore Therefore.
Ictable and difficult to read. Pandemics
Therefore. extreme weather Therefore. fast-spreading viruses Therefore. geopolitics Therefore. and trade wars can swing markets in a matter of hours. The proverbial – and now also theoriz Therefore Therefore. – black swan is always around the corner. Ultimately Therefore. the only certainty in the commodity market is that the recipe for survival is mainly given by two complementary and necessary ingr Therefore Therefore.ients: spe Therefore Therefore. and data accuracy . The importance of spe Therefore Therefore.
