business and finance Palestine Population By tradingeconomics.com Published On :: Wed, 11 Mar 2020 17:54:00 GMT The total population in Palestine was estimated at 5.0 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1990, Palestine had a population of 2.0 million people. The population of Palestine represents 0.06 percent of the world´s total population which arguably means that one person in every 1735 people on the planet is a resident of Palestine. This page provides - Palestine Population - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
business and finance Palestine Producer Prices By tradingeconomics.com Published On :: Thu, 19 Mar 2020 15:17:00 GMT Producer Prices in Palestine decreased to 97.93 points in January from 98.33 points in December of 2019. Producer Prices in Palestine averaged 94.54 points from 1996 until 2020, reaching an all time high of 106.11 points in July of 2018 and a record low of 54.70 points in December of 1996. This page provides - Palestine Producer Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
business and finance Palestine Producer Prices Change By tradingeconomics.com Published On :: Thu, 19 Mar 2020 15:19:00 GMT Producer Prices in Palestine decreased 2.10 percent in January of 2020 over the same month in the previous year. Producer Prices Change in Palestine averaged 1.35 percent from 2012 until 2020, reaching an all time high of 6.70 percent in September of 2012 and a record low of -4.60 percent in July of 2019. Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - Palestine Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
business and finance Palestine Government Budget By tradingeconomics.com Published On :: Mon, 30 Mar 2020 15:03:00 GMT Palestine recorded a Government Budget surplus equal to 1.30 percent of the country's Gross Domestic Product in 2018. Government Budget in Palestine averaged -0.71 percent of GDP from 1999 until 2018, reaching an all time high of 4.30 percent of GDP in 2008 and a record low of -8.20 percent of GDP in 2002. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Palestine Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
business and finance Palestine GDP Annual Growth Rate By tradingeconomics.com Published On :: Tue, 31 Mar 2020 09:25:00 GMT The Gross Domestic Product (GDP) in Palestine contracted 1.80 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Palestine averaged 3.72 percent from 2001 until 2019, reaching an all time high of 26.03 percent in the third quarter of 2003 and a record low of -21.59 percent in the fourth quarter of 2006. The Palestinian territories (West Bank and Gaza) have been occupied by Israel since the Six-Day war in 1967. As such, Palestinian economy is dependent on Israel as it controls the movement of goods and labour and retains customs revenues. As a result, production capacity and access to natural resources has been significantly reduced and services are by far the most important sector of the economy accounting for nearly 83 percent of GDP. Palestine remains heavily dependent on foreign aid to support the government’s budget and fund infrastructure development. This page provides the latest reported value for - Palestine GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
business and finance Palestine GDP Constant Prices By tradingeconomics.com Published On :: Tue, 31 Mar 2020 11:10:00 GMT GDP Constant Prices in Palestine increased to 4016.40 USD Million in the fourth quarter of 2019 from 3915.30 USD Million in the third quarter of 2019. GDP Constant Prices in Palestine averaged 2126.56 USD Million from 2000 until 2019, reaching an all time high of 4089.70 USD Million in the fourth quarter of 2018 and a record low of 778.50 USD Million in the second quarter of 2002. This page provides - Palestine Gdp Constant Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
business and finance Palestine Inflation Rate By tradingeconomics.com Published On :: Wed, 15 Apr 2020 03:27:00 GMT The inflation rate in Palestine was recorded at 1.11 percent in March of 2020. Inflation Rate in Palestine averaged 3.12 percent from 1998 until 2020, reaching an all time high of 15.08 percent in July of 2008 and a record low of -2.11 percent in March of 2018. In Palestine, the most important categories in the consumer price index are food and non-alcoholic beverages (35 percent of the total weight); transport (14 percent) and miscellaneous goods and services (12 percent). The index also includes: housing, water, electricity, gas and other fuels (9 percent); clothing, footwear (5 percent); alcoholic beverages and tobacco (4 percent); health (4 percent); communication (3.5 percent); education (3.4 percent); recreation and culture (2 percent) and restaurants and hotels (2.0 percent). . This page provides the latest reported value for - Palestine Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
business and finance Palestine Consumer Price Index Cpi By tradingeconomics.com Published On :: Wed, 15 Apr 2020 03:30:00 GMT Consumer Price Index Cpi in Palestine decreased to 101.26 points in February from 101.33 points in January of 2020. Consumer Price Index Cpi in Palestine averaged 102.64 points from 2007 until 2020, reaching an all time high of 112.55 points in March of 2017 and a record low of 83.30 points in May of 2007. This page provides - Palestine Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
business and finance Palestine CPI Transportation By tradingeconomics.com Published On :: Wed, 15 Apr 2020 03:32:00 GMT The transportation sub-index of the CPI basket in Palestine decreased to 98.82 points in February of 2020 from 99.32 points in January of 2020. CPI Transportation in Palestine averaged 101.39 points from 2007 until 2020, reaching an all time high of 108.30 points in September of 2012 and a record low of 88.80 points in April of 2007. This page provides - Palestine Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
business and finance Palestine Balance of Trade By tradingeconomics.com Published On :: Tue, 21 Apr 2020 01:44:00 GMT Palestine recorded a trade deficit of 389.10 USD Million in January of 2020. Balance of Trade in Palestine averaged -263.99 USD Million from 2001 until 2020, reaching an all time high of -66.79 USD Million in April of 2002 and a record low of -429.10 USD Million in March of 2011. Palestine reports chronic trade deficits due to the territories' inability to access key resources and because of the mobility restrictions imposed by Israel. Palestine mainly exports cement, base metals, iron and steel, food and beverages, furniture, plastics and dairy products. Palestine mainly imports oil, food, vegetables, machinery, metals, vehicles, chemicals, livestock, beverages and salt. Palestine's main trading partner is Israel (accounting for around 74 percent of total trade). Other trading partners include China, Turkey, Germany, Italy and France. . This page provides the latest reported value for - Palestine Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
business and finance Palestine Exports By tradingeconomics.com Published On :: Tue, 21 Apr 2020 01:46:00 GMT Exports in Palestine decreased to 84.80 USD Million in January from 110.60 USD Million in December of 2019. Exports in Palestine averaged 53.70 USD Million from 2001 until 2020, reaching an all time high of 110.60 USD Million in December of 2019 and a record low of 15.92 USD Million in April of 2002. Palestine mainly exports cement, base metals, iron and steel, food and beverages, furniture, plastics and dairy products. Palestine's main exports partner is Israel (over 80 percent of total exports). Other export partners include Jordan, the United Arab Emirates, Algeria, Egypt, Saudi Arabia, the Netherlands, Germany, and Canada. . This page provides the latest reported value for - Palestine Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
business and finance Palestine Imports By tradingeconomics.com Published On :: Tue, 21 Apr 2020 01:47:00 GMT Imports in Palestine decreased to 473.90 USD Million in January from 509.90 USD Million in December of 2019. Imports in Palestine averaged 317.47 USD Million from 2001 until 2020, reaching an all time high of 509.90 USD Million in December of 2019 and a record low of 82.71 USD Million in April of 2002. Palestine mainly imports oil, food, vegetables, machinery, metals, vehicles, chemicals, livestock, beverages and salt. Palestine's main imports partner is Israel (over 70 percent of total imports). Other imports partners include China, Turkey, Germany, Italy, France and the United States. . This page provides the latest reported value for - Palestine Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
business and finance Palestine - Credit Rating By tradingeconomics.com Published On :: Sun, 03 May 2020 00:01:00 GMT In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Palestine thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Palestine as reported by major credit rating agencies. Full Article
business and finance Palestine Coronavirus Cases By tradingeconomics.com Published On :: Sat, 09 May 2020 12:43:00 GMT Palestine recorded 375 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Palestine reported 2 Coronavirus Deaths. This page includes a chart with historical data for Palestine Coronavirus Cases. Full Article
business and finance Palestine Coronavirus Deaths By tradingeconomics.com Published On :: Sat, 09 May 2020 12:43:00 GMT Palestine recorded 2 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Palestine reported 375 Coronavirus Cases. This page includes a chart with historical data for Palestine Coronavirus Deaths. Full Article
business and finance Palestine Coronavirus Recovered By tradingeconomics.com Published On :: Sat, 09 May 2020 12:44:00 GMT Palestine recorded 228 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Palestine reported 2 Coronavirus Deaths. This page includes a chart with historical data for Palestine Coronavirus Recovered. Full Article
business and finance Coal By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Coal prices were below $55 per tonne in May, as a collapse in energy consumption combined with falling crude oil and gas prices as well as warmer temperatures sent coal to multi-year lows. Coal was hit especially hard in April, after the outbreak brought much of India, a coal-based economy, to a standstill. Historically, Coal reached an all time high of 139.05 in January of 2011. Coal futures are available for trading in the Intercontinental Exchange and on the New York Mercantile Exchange. The standard GC Newcastle contact listed on ICE weights 1,000 metric tonnes. Coal is the major fuel used for generating electricity worldwide. The biggest producer and consumer of coal is China. Other big producers include: United States, India, Australia, Indonesia, Russia, South Africa, Germany and Poland. The biggest exporters of coal are: Indonesia, Australia, Russia, United States, Colombia, South Africa and Kazakhstan. Coal prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our coal prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. Full Article
business and finance Cobalt By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Cobalt decreased 2,750 USD/MT or 8.40% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Cobalt reached an all time high of 95250 in March of 2018. Cobalt is a hard, lustrous, grey metal with a high melting point (1493°C). Cobalt is used mainly in production of chemicals (58 percent), super alloys for gas turbine blades and jet aircraft engines, special steel, carbides, diamond tools and magnets. By far, the biggest producer of cobalt is Congo, followed by Canada, China, Russia and Zambia. Cobalt futures are available for trading in The London Metal Exchange (LME). The standard contact has a size of 1 tonne. Full Article
business and finance Cocoa By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Cocoa decreased 114 USD/MT or 4.50% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Cocoa reached an all time high of 5379 in July of 1977. Cocoa is traded on New York Mercantile Exchange (NYMEX) and the Intercontinental Exchange (ICE) in London. The prices in New York are based on the South-Asian market and prices in London are based on cocoa from Africa. The size of each cocoa contract on the NYMEX is 10 metric tons.The biggest producers of cocoa are Ivory Coast and Ghana which together account for more than 60% of the world’s output. Other major producers include: Indonesia, Nigeria, Cameroon, Ecuador and Brazil. Although cocoa is one of the world’s smallest soft commodity markets, it has global implications on food and candy producers, and the retail industry. Crude Oil prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Full Article
business and finance Coffee By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Coffee decreased 17 USd/Lbs or 13.38% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Coffee reached an all time high of 339.86 in April of 1977. Arabica coffee it is the world benchmark for coffee futures contracts that trade on the Inter Continental Exchange (ICE). Arabica accounts for 75 percent of the world’s production and is mostly cultivated in Brazil (40% of the world’s total supply) and Colombia. Robusta account for the remaining 25% and is mostly produced in Vietnam (15% of global supply) and Indonesia. Other major exporters include: Peru, India, Uganda, Ethiopia, Mexico and Cote Ivoire. Robusta is the coffee bean that is popular in Europe and espresso coffees while Arabica beans are popular in the United States. Full Article
business and finance Copper By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Copper started May trading above $2.3 per pound, on signs that China’s manufacturing sector could be recovering faster than expected from the coronavirus pandemic slump as many factories there started to resume operations. Still, copper prices came under pressure on renewed tensions between the US and China after President Trump threatened to impose new tariffs on China over the coronavirus crisis. Historically, Copper reached an all time high of 4.63 in February of 2011. Copper futures are widely traded on the London Metal Exchange (LME), at the COMEX and on the Multi-Commodity Exchange in India. The standard contract is 25,000 lbs. Copper is the third most widely used metal in the world. Chile accounts for over one third of world's copper production followed by China, Peru, United States, Australia, Indonesia, Zambia, Canada and Poland. The biggest importers of copper are China, Japan, India, South Korea and Germany. Copper market prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our copper market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. Full Article
business and finance Corn By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Corn prices plunged to their lowest levels in more than a decade, amid coronavirus-related weakness in demand in the ethanol sector. American ethanol plants, which usually account for nearly 40% of US corn usage, are closing, amid record low prices for the biofuel. On the supply side, the US Agriculture Department forecast a corn plantation of 96.990 million acres, the biggest corn acreage in eight years. Historically, Corn reached an all time high of 843.75 in August of 2012. Corn Futures are available for Trading in The Chicago Board of Trade (CBOT® ) which was established in 1848 and is a leading futures and futures-options exchange. More than 3,600 CBOT member/stockholders trade 50 different futures and options products at the CBOT by open auction and electronically. Full Article
business and finance Cotton By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Cotton decreased 13 USd/Lbs or 18.77% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Cotton reached an all time high of 227 in March of 2011. The cotton features are available on the New York Mercantile Exchange and Chicago Mercantile Exchange. The size of each contract is 50,000 pounds. The biggest producers of cotton are China and India, followed by United States, Pakistan, Brazil, Australia and Uzbekistan. The United States is the biggest exporter of cotton (40% of total exports). Cotton is the world’s most widely-used natural fiber for clothing. Cotton prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our cotton market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. Full Article
business and finance CRB Commodity Index By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT CRB Index decreased 64.19 points or 32.65% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, CRB Commodity Index reached an all time high of 470.17 in July of 2008. Thomson Reuters/CoreCommodity CRB Index is calculated using arithmetic average of commodity futures prices with monthly rebalancing. The index consists of 19 commodities: Aluminum, Cocoa, Coffee, Copper, Corn, Cotton, Crude Oil, Gold, Heating Oil, Lean Hogs, Live Cattle, Natural Gas, Nickel, Orange Juice, RBOB Gasoline, Silver, Soybeans, Sugar and Wheat. Those commodities are sorted into 4 groups, with different weightings: Energy: 39%, Agriculture: 41%, Precious Metals: 7%, Base/Industrial Metals: 13%. Full Article
business and finance Crude oil By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT US WTI crude rose 5% to settle at $24.74 per barrel on Friday in its first back-to-back gain since February as US producers cut output with the number of drilling rigs dropping to an all-time low of 374 this week, and amid renewed hopes of a recovery in global fuel demand as more countries plan to ease lockdown restrictions. On Wednesday, the US Energy Information Administration's weekly report showed 15 weeks of successive rises in crude stocks, still the rate of growth in inventories has slowed since a record 19 million barrels in early April. Historically, Crude oil reached an all time high of 147.27 in July of 2008. The West Texas Intermediate (WTI) benchmark for US crude is the world's most actively traded commodity. Crude Oil prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. Full Article
business and finance Ethanol By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Ethanol decreased 0.31 USD/GAL or 21.98% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Ethanol reached an all time high of 4.33 in June of 2006. The ethanol market is growing rapidly, particularly due to the governments mandate for renewable fuels. Ethanol is largely produced through fermenting starch or sugar-based feedstocks. In the United States, corn is the principal raw material; in Brazil, the world's leading ethanol producer, sugar cane is widely used. In the United States, Ethanol Futures are available for Trading in The Chicago Board of Trade (CBOT® ). The market prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. Full Article
business and finance Feeder Cattle By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Feeder Cattle decreased 17 USd/Lbs or 11.75% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Feeder Cattle reached an all time high of 245.20 in October of 2014. Feeder Cattle prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our Feeder Cattle market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any Feeder Cattle data and disclaims any obligation to do so. Full Article
business and finance Aluminum By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Aluminum decreased 319.50 USD/Tonne or 17.71% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Aluminum reached an all time high of 3271.25 in July of 2008. Aluminum futures are mostly traded on the London Metal Exchange (LME), the New York Mercantile Exchange (COMEX) and the Shanghai Futures Exchange. The standard future contract size is 5 tons. Aluminum is used widely in aerospace applications, packaging, automobiles and railroad cars and as a construction material. The biggest producers of aluminum are: The Aluminum Corporation of China (Chalco), Alcoa and Alumina Ltd, Rio Tinto from Australia, UC Rusal of Russia, Xinfa from China, Norsk Hydro ASA from Norway and South 32 from Australia. China accounts for nearly 60 percent of global aluminum output. The biggest resources of bauxites, the raw material for aluminum are located in Australia, China and Guinea. The Aluminum prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our aluminum prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. . Full Article
business and finance Baltic Exchange Dry Index By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT The Baltic Dry Index, which measures the cost of shipping goods around the world, dropped to its lowest level in over two months, due to falling demand for panamax and capesize segment vessels. The full impact of COVID-19 on supply chains is still unknown, with business leaders expecting problems to remain even as countries start to reopen their economies. In April, the index was able to increase above 700 points for the first time in three months, amid a gradual restart of industrial activity in China, whose demand accounts for almost 40% of total dry seaborne imports. Historically, Baltic Exchange Dry Index reached an all time high of 11793 in May of 2008. The Baltic Dry Index is reported daily by the Baltic Exchange in London. The index provides a benchmark for the price of moving the major raw materials by sea. The index, tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities. The Baltic Dry Index is not restricted to Baltic Sea countries or to a few commodities like crude oil. Instead, the Baltic Dry Index takes into account 23 different shipping routes carrying coal, iron ore, grains and many other commodities. Full Article
business and finance Beef By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Beef decreased 0.63 BRL/Kg or 4.38% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Beef reached an all time high of 1504.25 in March of 2020. Beef is a meat mostly from cattle. The biggest beef producers are: United States, Brazil, European Union, China, India, Argentina and Australia. Beef Futures are available for trading in the Brazilian Mercantile and Futures Exchange and the Chicago Mercantile Exchange. Full Article
business and finance Bitumen By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Bitumen decreased 1,020 CNY/T or 33.18% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Bitumen reached an all time high of 3934 in March of 2019. Bitumen, also known as asphalt is a black, sticky, and highly viscous liquid or semi-solid form of petroleum. The most common use is in the road construction and waterproofing products. The contract size is 10 tons/lot. The 70# Class-A road bitumen is widely traded on the Shanghai Futures Exchange. Full Article
business and finance Brent crude oil By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Brent crude settled at $30.97 a barrel on Friday in its second consecutive week of gains, after data showed producers in the number of oil and natural gas rigs in the US fell to a record low of 374 this week. Hopes for a recovery in fuel demand as more countries including Australia moved ahead with plans to gradually lift coronavirus-related lockdown measures also supported prices. Historically, Brent crude oil reached an all time high of 147.50 in July of 2008. Brent Crude oil is a major benchmark price for purchases of oil worldwide. While Brent Crude oil is sourced from the North Sea the oil production coming from Europe, Africa and the Middle East flowing West tends to be priced relative to this oil. The Brent prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. Full Article
business and finance Gold By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Spot gold settled at $1,700 per ounce on Friday, after the US jobs report showed non-farm payrolls jumped by a record 20.5 million during April, less than market forecasts of a 22 million surge, and the unemployment rate hit an all-time high of 14.7%, below expectations of 16%. On Thursday, the metal hit is highest level since April 27th as the latest weekly rise in US jobless claims fed investor concerns about the economic impact of the coronavirus pandemic. The precious metal has been hovering around $1,700 an ounce and was little changed for the week. Historically, Gold reached an all time high of 1920.30 in September of 2011. Gold is mostly traded on the OTC London market, the US futures market (COMEX) and the Shanghai Gold Exchange (SGE). The standard future contract is 100 troy ounces. Gold is an attractive investment during periods of political and economic uncertainty. Half of the gold consumption in the world is in jewelry, 40% in investments, and 10% in industry. The biggest producers of gold are China, Australia, United States, South Africa, Russia, Peru and Indonesia. The biggest consumers of gold jewelry are India, China, United States, Turkey, Saudi Arabia, Russia and UAE. The gold prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our gold prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. Full Article
business and finance GSCI Commodity Index By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT S&P GSCI decreased 1,242.04 points or 47.92% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, GSCI Commodity Index reached an all time high of 9993.62 in June of 2008. The S&P GSCI® is a composite index of commodity sector returns representing an unleveraged, long-only investment in commodity futures that is broadly diversified across the spectrum of commodities. The index consists of 24 commodities from all commodity sectors - energy products, industrial metals, agricultural products, livestock products and precious metals but its exposure to energy sector is much higher than other commodity price indices. Full Article
business and finance Heating oil By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Heating oil decreased 1.13 USD/GAL or 55.53% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Heating oil reached an all time high of 4.16 in July of 2008. Heating oil, also known as No. 2 fuel oil, accounts for about 25% of the yield of a barrel of crude, the second largest "cut" after gasoline. The heating oil futures contract trades in units of 42,000 gallons (1,000 barrels) and is based on delivery in New York harbor, the principal cash market trading center. The heating oil futures contract is also used to hedge diesel fuel and jet fuel, both of which trade in the cash market at an often stable premium to NYMEX Division New York harbor heating oil futures. The Heating Oil market prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. Full Article
business and finance Iron Ore By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Iron Ore decreased 8.50 USD/MT or 9.24% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Iron Ore reached an all time high of 200 in November of 2007. Iron ore prices refer to Iron Ore Fine China Import 63.5 percent grade Spot Cost and Freight for the delivery at the Chinese port of Tianjin. Is used to make steel for infrastructure and other construction projects. The biggest producers of iron ore are China, Australia and Brazil. Others include India, Russia, Ukraine and South Africa. Full Article
business and finance Orange Juice By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Orange Juice increased 25.65 USd/Lbs or 27.04% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Orange Juice reached an all time high of 235 in November of 2016. The biggest producers of orange juice are: Brazil, US, European Union, China and Mexico. 85 percent of the world market is divided between Florida and São Paulo. While Brazil exports 99 percent of its production, 90 percent of Florida’s production is consumed in the US. Orange juice is traded in the form of frozen concentrated orange juice to reduce the volume used. Full Article
business and finance Lumber By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Lumber decreased 64.10 USD/1000 board feet or 15.76% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Lumber reached an all time high of 659 in May of 2018. Lumber is wood that has been processed into beams and plank. The biggest producers of lumber are concentrated in the Baltic Sea region and North America. The futures contract traded on Chicago Mercantile Exchange specifies that the lumber must be manufactured in certain U.S. states and Canadian provinces. . Full Article
business and finance Manganese Ore By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Manganese increased 15 Yuan/Mt or 47.62% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Manganese Ore reached an all time high of 58.79 in October of 2019. Manganese Ore is primarily used in steel and iron production among other uses like as an additive in unleaded gasoline and as pigments for the coloring of ceramics and glass. This page refers to the Manganese Ore with 32% manganese, and 20% iron in North China, Tianjin port from South Africa. This page provides - Manganese Ore - actual values, historical data, forecast, chart, statistics, economic calendar and news. Manganese Ore - actual data, historical chart and calendar of releases - was last updated on March of 2018. Full Article
business and finance Lead By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Lead decreased 303.25 USD/MT or 15.85% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Lead reached an all time high of 3989 in October of 2007. Lead is a soft, malleable, ductile, bluish-white, dense metallic element, extracted from galena and found in ore with zinc, silver and copper. 80 percent of modern lead usage is in the production of batteries. Lead is also often used to line tanks that store corrosive liquids and as a shield against X and gamma-ray radiation. The biggest producers of lead are Australia, China and USA, followed by Peru, Canada, Mexico, Sweden, Morocco, South Africa and North Korea. Lead Futures are available for trading in The London Metal Exchange (LME). The standard contact has a size of 25 tonnes. Full Article
business and finance Live Cattle By tradingeconomics.com Published On :: Sat, 09 May 2020 14:30:00 GMT Live Cattle decreased 30.57 USd/Lbs or 24.35% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Live Cattle reached an all time high of 171.98 in October of 2014. The Live Cattle market prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our Live Cattle market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. Full Article
business and finance LME Index By tradingeconomics.com Published On :: Sat, 09 May 2020 14:31:00 GMT LME Index decreased 450.50 points or 15.84% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, LME Index reached an all time high of 4556.60 in May of 2007. London Metal Exchange Index consists of 6 metals with the following weights: aluminim (42.8%), copper (31.2%), zinc (14.8%), lead (8.2%), nickel (2%) and tin (1%). Weightings of the six metals are derived from global production volume and trade liquidity averaged over the preceding five-year period. The index value is calculated as the sum of the prices for the three qualifying months multiplied by the corresponding weights, multiplied by a constant. Full Article
business and finance Lean Hogs By tradingeconomics.com Published On :: Sat, 09 May 2020 14:31:00 GMT Lean Hogs prices surged past $6.5 per pound in May, a level not seen since late-March, as strong demand in China, the world largest consumer of pork, combined with supply disruptions from the coronavirus epidemic pushed prices higher. The supply shortage would remain even after the country's economy recover from the pandemic. China pork production has dropped more than a fifth, as African swine fever, a viral disease of domestic and wild pigs, hit the world's top hog market last year. Historically, Lean Hogs reached an all time high of 133.80 in July of 2014. The Lean Hogs market prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our Lean Hogs market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. Full Article
business and finance Lithium By tradingeconomics.com Published On :: Sat, 09 May 2020 14:31:00 GMT Lithium continued the downtrend to a fresh record low on a spot price basis in May, trading below 44,000 yuan per tonne as demand remained subdued in China’s lithium market even after the country’s authorities allowed the domestic business to return to work. Still, demand for lithium is expected to pick-up in the second half of 2020 due to the continued widespread adoption of electric vehicles. On the supply side, forecast that new supply from Argentina, Australia, and Chile, could add 500,000 tonnes of lithium to the market per year by 2025. Lithium reached an all time high of 171000 yuan per metric tonne in October of 2017, according to spot prices for lithium carbonate traded in China. Trading Economics provides Lithium pricing based on spot prices for Lithium Carbonate, 99.5% Li2CO3 min, battery grade, traded in China. Lithium is a silver-white light metal. Lithium hydroxide is used in batteries for electrical vehicles and mobile phones. Lithium hydroxide is produced from a chemical reaction between lithium carbonate and calcium hydroxide. The biggest lithium producers are Australia, Chile, Argentina and China . The largest lithium importers are China, Japan, South Korea and the United States. Full Article
business and finance Milk By tradingeconomics.com Published On :: Sat, 09 May 2020 14:31:00 GMT Milk decreased 5.51 USD/CWT or 32.30% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Milk reached an all time high of 24.59 in September of 2014. Class III milk represents cow's milk used mainly to make cheddar cheese. One contract contains 200,000 lbs of class III milk. The Milk prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. Full Article
business and finance Molybdenum By tradingeconomics.com Published On :: Sat, 09 May 2020 14:31:00 GMT Molybdenum decreased 1.05 USD/Kg or 4.76% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Molybdenum reached an all time high of 87 in September of 2005. Molybdenum is a silvery metal with the sixth-highest melting point of any element, it can withstand extremely high temperatures and is highly resistant to corrosion. Molybdenum is mainly used as an alloying agent in stainless steel, and also in the manufacture of aircraft parts and industrial motors. The biggest producers of the metal are: China, United States, Chile, Peru and Mexico. Molybdenum Futures are available for trading in The London Metal Exchange (LME). The standard contact has a weight of 6 tonnes. Full Article
business and finance Naphtha By tradingeconomics.com Published On :: Sat, 09 May 2020 14:31:00 GMT Naphtha decreased 325.51 USD/T or 60.72% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Naphtha reached an all time high of 1180.47 in July of 2008. Naphtha is a flammable liquid that can be used as fuel, metal cleaner, high-octane gas and as petrochemical in production of plastics. Naphtha prices are highly correlated with crude oil as it is generally produced during the refining of crude oil. Each contract represents 1,000 metric tons. The Naphtha prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. Full Article
business and finance Natural gas By tradingeconomics.com Published On :: Sat, 09 May 2020 14:31:00 GMT Natural Gas continued the uptrend into May to trade above $2/MMBtu for the first time since mid-March, on hopes that partial restarts of state economies might boost demand. On the supply side, a recent dramatic plunge in crude prices forced US shale producers to shut down production, easing the glut of natural gas and pushing prices higher. Historically, Natural gas reached an all time high of 15.78 in December of 2005. Natural gas accounts for almost a quarter of United States energy consumption. The NYMEX Division natural gas futures contract is widely used as a national benchmark price. The futures contract trades in units of 10,000 million British thermal units (mmBtu). The price is based on delivery at the Henry Hub in Louisiana, the nexus of 16 intra- and interstate natural gas pipeline systems that draw supplies from the region's prolific gas deposits. The Natural gas market prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our Natural gas market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. Full Article
business and finance Neodymium By tradingeconomics.com Published On :: Sat, 09 May 2020 14:31:00 GMT Neodymium decreased 8,500 CNY/MT or 2.35% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Neodymium reached an all time high of 715000 in June of 2012. Neodymium is the strongest permanent magnet material yet discovered. It is widely used in microphones, professional loudspeakers, headphones, computer hard disks, electric motors and generators. It is a rare-earth mineral mostly extracted in China, the United States, Brazil, India, Sri Lanka, and Australia. Full Article
business and finance Nickel By tradingeconomics.com Published On :: Sat, 09 May 2020 14:31:00 GMT Nickel decreased 1,825.75 USD/MT or 13.09% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Nickel reached an all time high of 54050 in May of 2007. Nickel futures are available for trading in The London Metal Exchange (LME). The standard contact has a weight of 6 tonnes. Nickel is mainly used in the production of stainless steel and other alloys and can be found in food preparation equipment, mobile phones, medical equipment, transport, buildings, power generation. The biggest producers of nickel are Philippines, Russia, Canada, New Caledonia, Australia, Indonesia, Brazil, Cuba and Colombia. The nickel prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our nickel prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. . Full Article