Among their oil and copper .. 5 goods see major changes this week

Oil prices have dropped to their lowest levels since 2021, while buyer is on their way to the United States, which has led to the decline in shares in Asia and London to low historical levels. Meanwhile, the world sees a remarkable dry and dry wave, which benefits farmers in the United States, but this is harming their peers in Europe. Below we review the most prominent developments in the global basic commodity markets through five important graphs to be followed at the beginning of the trading week. Oil accelerated the drop in oil prices during the second term of US President Donald Trump, hoping to reach a quick solution to the trade war between the United States and China, which led to the decline in prices to its lowest levels since 2021. The readiness of the Kingdom of Saudi Arabia had a long period of a long period of the market. Next week, traders will carefully monitor any indicators who reveal to any extent that the coalition can increase its long -term production. Copper flow to the United States in record quantities, as more than 170,000 tonnes were sent during April, in light of the leading traders who want to impose possible customs duties. These moves led to a lack of offer in the actual market, as the share at the Shanghai Stock Exchange for future contracts dropped at a record rate, and the quantities available on the London metal stock exchange dropped significantly. Mercuria Energy Group – which is one of the largest importers – has warned that the frequency of accelerated imports could drain global supplies and pave the way for the road to a standard wave of prices. US crops are scheduled to issue the US Department of Agriculture today, its weekly report on the progress of agriculture in spring and the state of crops. The high temperature and dry weather conditions have enabled farmers to carry out agricultural activities quickly, although the amounts of light rain in some US agricultural production areas exacerbate the drought and cause concerns about the possibility of reduced crop production. In addition to the data of the US Department of Agriculture, traders in the market will monitor the weather forecast, which indicates the possibility of rain less than normal in most of the northern regions of the United States during the upcoming period. Agricultural pills The UK sees high temperatures during the spring, after the beginning of the heavy year in the country four decades, threatening cereals and increasing the risk of forest fires. According to the data of the National Meteorological Authority, the country registered only 6 days from measurable rain during March, which is the lowest number in more than 70 years. These conditions were not limited to North West Europe, as both India and the UAE also suffer from severe heat waves. Electricity in Germany recently enjoyed consumers in Germany negative prices for electricity, with a boom in the production of solar energy coincided with a decrease in demand, which led to the cover of consumption by about 99% by green energy sources. This is an indication of the future, as the third largest economy in the world is expected to add an unprecedented production capacity of 17 GB this year, with new record numbers in each year to at least 2030, which will lead to an increasing displacement of power stations of fossil fuels from the market.