Despite the rise of synthetic fibres, cotton remains a major contributor to the textile market, with a share of about 40 percent. World production of this natural fibre is estimated at 30 million tons per year, with the main producers in 2016 being India and China, ahead of the United States and Pakistan.
Among the discussions and agreements that arose during the G20 summit held at the beginning of July in Hamburg, Germany, the problem of steel-production overcapacity was one that will have to be settled once and for all.
According to the International Grains Council (IGC), large harvest volumes and generally favorable conditions for Northern Hemisphere producers weighed on wheat export prices in March, with the price index falling by 3 percent to its lowest level in almost four months. Cereals are facing a tense situation.
The political environment created by the United Kingdom’s Brexit situation will definitely weigh on the evolution of the British pound in 2017. The UK government set March 29 as the date to activate Article 50 to start European Union (EU) withdrawal negotiations after Parliament passed the Brexit bill.
The S&P GSCI® is recognized as a leading measure of general price movements and inflation in the world economy. It includes a weight of 24 commodities and is designed to include the most liquid commodity futures and provide diversification with low correlation to other asset classes.
Generally coal is considered to be widely spread across the globe. Reserves are present in all parts of the world and are assessed as being able to cover around 114 years of global production, according to the latest Statistical Review of World Energy from British Petroleum.
If you were to ask a few ordinary investors where they would stash their money if a stock meltdown was coming tomorrow, the majority would tell you gold. For instance, following Brexit, gold soared more than 20 percent