Of green hydrogen oil .. 5 commodities being monitored by investors this week
A basket with most important basic commodities around the world increased during 2024, partly powered by the strong performance of gold. Coffee and cocoa were one of the best goods in raw materials, causing the dissatisfaction of chocolate fans and coffee lovers who hoped for low prices. The stock of crude oil has also dropped to the lowest seasonal level since 2007 in the largest storage center in the United States. Below we address the most prominent developments in the global basic commodity markets by reviewing 5 important graphs to be followed at the beginning of the trading week, as follows: The basic commodity index despite the strong profits terminated by basic commodities, to gold to gold, but a major indication of the prices of the prices of the prices of the prices of the prices of the prices of the prices of the prices of the prices of the prices of the prices of the prices of the prices of the prices of the average annual performance. The direct Bloomberg index of basic commodities – which follows 24 energy, minerals and agricultural contracts – has risen 6.3% over the past year to reflect the decline it reflects during 2023. The rise of future gold contracts on the Chicago Commercial Stock Exchange (COMX), which was the largest component in the index, contributed to the increase of the show of the indices, while the large roofs in the pris of the rural crops were wheat, wheat and soybeans were performed from the indicator. Oil reduced by one million barrels in the United States by one million barrels in the last week of 2024, as the inventory of the Biological Storage Center in Kushing, Oklahoma, remained at the lowest seasonal level in 17 years. The decline in supplies increased the price difference to future crude contracts in the Western Texas for the next month. The so -rounded price difference is the closest contract for the next month at the highest levels within three months, which is an indication of the lack of supplies. Cocoa and cocoa were witness to cocoa and coffee, the best performance among goods during 2024 thanks to the relentless climb, which in the coming months will certainly release chocolate lovers and fans of Cappuccino drink. The largest coffee producers have begun to raise prices with the aim of alleviating the effect of the high cost of “Arabica” pills, a type preferred by chains such as “Starbucks”. Chocolate fans suffered months ago under the impact of the high prices of cocoa, as chocolate panels became more expensive and smaller. This trend is expected to continue during 2025. Golden investors have reduced their assets in the boxes spread on the Golden Stock Exchange for the fourth year in a row, as their belongings dropped by the optimism of the US Federal Reserve by 3.2% during 2024. Golden funds stopped the progress of the US election in November. The rise of the US dollar after Donald Trump’s victory in the presidential election has caused a new wave of decline in gold funds, which led to a decline in the bombing of the highest level ever, with investors aiming their money to other assets, including stocks and bachelorates. According to Bloomberg Nef’s estimates, green hydrogen is often referred to as green hydrogen as an important carbon -free future, but it will remain much more expensive than expected. The foundation previously expected significant declines in the prices of green hydrogen, which are produced by separating water using machines known as renewable electric analysts. In its latest forecast, the company increased cost estimates by more than three times during 2050, paying attention to the high cost of electrolysis. These expectations do not include the provision of other government subsidies or incentives to produce fuel, such as the new rules approved by the administration of US President Joe Biden, which alleviated some strict restrictions on billions of dollars to produce hydrogen.