Analysis: Commodities

BRENT CRUDE OIL SPOT: Flat annual performance

After a good start in the beginning of the year , Brent has had a difficult year. He has lost nearly 30% between its highs in March and the mid-June lowest before consolidating in an area 105/116 USD...

BRENT CRUDE OIL SPOT: Hit by the global economic downturn

In a report published in early November, OPEC anticipates a decline in oil demand in 2013. The global economic downturn is put forward by the Organization of Petroleum Producers. Forecasts are around...

WTI: No real trend for the mid and long term

U.S. economic indicators as well as geopolitical risks have maintained oil prices in a clear range for several months. Indeed, oil prices have fallen back more than 10% since September erasing...

BRENT CRUDE OIL SPOT: Black gold still well oriented

The recent recovery in the price of Brent is partly explained by lower exports of Saudi Arabia, which had announced an increase in its bid in order to have lower prices . The volume of exports reached...

CRUDE PALM OIL: Hardly affected by the economic slowdowns

Global industry is not the only sector hit by the economic downturn. The situation in Europe and even China is beginning to have an impact on commodities and producing countries. This is the case for...

SILVER: Faster than gold

Both European Central Bank and Federal Reserve act strongly from last few “monetary meetings”. The implementation of monetary easing policies has facilitated the growth of monetary base and...

BRENT CRUDE OIL SPOT: Supported by the bullish trend

Oil demand forecast in the coming months are once again lowered by the IEA . These expectations are made in such a difficult economic climate in the eurozone and China. Geopolitical tensions with...

SILVER: Back on the front

Silver has recorded its strongest growth in years last week. The price of an ounce rose nearly 12% to $ 31.50. Indeed, the Fed announced that it was ready to implement new measures to support the U.S....

GOLD: Weakness of gold demand

Investors seem to be no more interested in gold. According to the World Gold Council’s report gold demand fell 7.1% in the second quarter as investment slid and Asian jewelry purchases weakness. The...

BRENT CRUDE OIL SPOT: Supported by tensions in the Middle East

The International Energy Agency expects a decline in global demand for crude in 2012 and 2013. The slower growth in China and a return of nuclear capabilities in Japan were the two main reasons why...

SILVER: Lack of interest from investors

Silver lost nearly 15% of its value during the second quarter of 2012. Investors continue to find precious metals unappealing. Silver suffers particularly from the current economic climate which...

BRENT CRUDE OIL SPOT: Short term tensions

Since the low point of USD 89 in mid-June, Brent prices are rising again. Various factors explain this reversal movement while for several months the oil from the North Sea evolved clearly in a...

CORN FUTURE (ZC) - CBE/C1: A leap into the unknown

The agricultural commodity markets have faced alarming difficulties this year and especially the corn market which has jumped 25% since the beginning of January. The main cause is the drought which...

WTI: Towards a short-term stabilization

The WTI prices have dropped 17% since the beginning of 2012. After an upturn in January and February to join the 110 dollars a barrel, crude prices have been affected by the deteriorating economic...

BRENT CRUDE OIL SPOT: Europe weighs on prices

The drop in oil prices continues, several factors may explain this situation. First of all, the economic situation described by the Venezuelan oil minister “unprecedented crisis”, which has led a...

S&P GSCI SUGAR INDEX: EU strict regulation

Despite European crisis, the EU market is still the second largest consumer of sugar. But the EU regulation is restricted and complex in order to protect their farmers. In fact, before 2007, in...

S&P GSCI COPPER INDEX 2: Sell in May and go away

The month of May for copper should end with a fall around 10%, which is the second biggest monthly decline, since November 2008. The metal continues to be in backwardation condition even if the...

GOLD: Near a hinge zone

In an uncertain global economy, the ounce of gold continues to suffer from profit taking. Indeed, gold fell last week to $ 1,527, its lowest in five months. The sovereign debt crisis in Europe and the...

CORN FUTURE (ZC) - CBE/C1: Supply surplus

Corn is the most cultivated grain in the world, is listed on the Chicago Board of Trade , the most important stock exchange for agricultural commodities. Over 70% of world wide production is meant for...