The surge in the prices of commodities has been unprecedented since mid-2020, predictably resulting in calls that a new supercycle is proceeding. Supply-demand imbalances are plaguing the globe and boosting prices further. But one topic that is gaining more and more significance in 2021 is that a number of commodities …
Read More »Will fuel prices push Germany to nuclear power?
Stock market price for electricity has risen by 140% since January in Germany. Experts say energy prices are driven up by natural gas cost, which has surged by 440% since the beginning of 2021. Energy prices for households in Germany have surged only 4.7% in the first half of 2021, …
Read More »BofA: Carbon tax could add to inflation
Francisco Blanch, Bank of America head of global commodities and derivatives research, told CNBC in a discussion on how much the energy sector is playing into the inflation story, why prices are elevated and how prices will look this holiday season.Blanch pointed out that surging energy prices in oil and …
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