Posted by Tobby > 1 month ago | Report Abuse

Investment!

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5 comment(s). Last comment by Tobby 1 month ago

Tobby

5,951 posts

Posted by Tobby > 1 month ago | Report Abuse

Just like everything else, it's supply and demand! Hedge funds most probably hijack comodities in early part of this year thinking there would be desperate buyers as Covid era almost over!
Behold! They were wrong! It seems demand are not as robust! And supply actually rising! Including oil!

Tobby

5,951 posts

Posted by Tobby > 1 month ago | Report Abuse

So we should see easing of commodities in coming days!

ahbah

5,087 posts

Posted by ahbah > 1 month ago | Report Abuse

The easing of commodities is just transitory only ?

The prices of commodities will skyrocket up again ?

Tobby

5,951 posts

Posted by Tobby > 1 month ago | Report Abuse

Ahbah! Based on current data, supply is more than enough! Seems major slowdown in China contribute to lack of demand! Beside, China is selling more EVs now so use of fuel getting less and less!

Tobby

5,951 posts

Posted by Tobby > 1 month ago | Report Abuse

China not spending! US who cares! Already spend trillon on so called infras but build nothing! All used up already! So who is spending! Maybe Indonesia and Vietnam!

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