Be the first to like this.
5 comment(s). Last comment by Tobby 2022-06-20 15:58
Posted by Tobby > 2022-06-20 12:36 | 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!
Posted by Tobby > 2022-06-20 12:36 | Report Abuse
So we should see easing of commodities in coming days!
Posted by ahbah > 2022-06-20 13:18 | Report Abuse
The easing of commodities is just transitory only ?
The prices of commodities will skyrocket up again ?
Posted by Tobby > 2022-06-20 15:56 | 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!
Posted by Tobby > 2022-06-20 15:58 | 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!
No result.
1
3
save malaysia!
4
Koon Yew Yin's Blog
5
Good Articles to Share
Boeing Embarrassed as ‘Stuck’ Astronauts to Return with SpaceX
6
Good Articles to Share
Telegram chief Pavel Durov to appear in court after French arrest
7
Good Articles to Share
The U.S. economy is settling into more normal rates of growth: Biden advisor Jared Bernstein
8
The Alpha Trader
#
Stock
Score
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by Tobby > 2022-06-20 12:34 | Report Abuse
Investment!