After a series of hard trading sessions in the basic commodity markets, the global impact remains due to US President Donald Trump’s policy at the top of the attention of traders during the current trading week. This comes with the tendency of one of the most important activities of the global buyer sector organized by the mining world this week in Chile. At the same time, customs duties are likely to increase coffee prices for Americans. As for the oil market, it stares a double blow in demand and increases the stock of the “OPEC+” alliance. Before entering the details of the graphs associated with commodities, the comparison below shows the way the US administration is calculated for customs fees, which are mainly based on the trade balance, as the government has set up a formula that measures the trade surplus of a country with the United States by dividing this surplus on the total export of the country, then the result is divided into the “Rededed Ratio” result. A 10% uniform fee was also set to the countries with which the United States registered a trade surplus, as well as the countries that have relatively balanced trade exchange with it. Below we review 5 important graphs that must be taken into account in the global basic commodity markets at the beginning of the current trading week, as follows: Oil The oil markets are subject to a significant decline in light of the increase in the trade war launched by Trump, which made the prospects for the worldwide energy. Only hours after the latest group for customs duties were announced, the OPEC+Markets surprised the market by announcing the multiplication of the 3 -time -time in production for the month of May, in a move that led Saudi Arabia to punish some members who exceeded their productive shares. The question now is whether the countries that violate the share, such as Iraq and Kazakhstan, will eventually meet reducing their supplies in accordance with the targeted levels, to contribute to a herbalance to a global market that is under the weight of delaying Chinese demand and abundance of US production. Prior to the current year, the ghost of customs duties resulted in large fluctuations in the metal markets, as traders rushed to send gold and silver in billions of dollars to the United States before they imposed possible fees, which benefited from the high prices in the US market. But this kind of profit by price differences suddenly stopped after Trump gave exemptions to most minerals within its latest procedures, although some minerals are still subject to fees under section 232 of the Trade Expansion Act. The price differences between gold and future silver contracts dropped on the New York Stock Exchange and the prices of the immediate market in London in a big way immediately after the news was issued, the differences that were attractive enough to increase banks and traders, the ships of the aircraft and ships in large quantities to the extent that they distorted the US trading data. Buyer is still the possibility of introducing special fees on buyer in terms of Article 232, which can disrupt the global trade flow and increase the cost of this basic metal in the United States, where buyer is used in home construction, car manufacturing and electrical appliances. This threat will be discussed during the meetings of copper producers and traders in Santiago during CSCO week and the Global Copper Summit arranged by Cru. “Bloomberg” The Current Situation “offers an incredible opportunity to bet.” The coffee was the world’s largest producer of “Robosta” – one of the most affected countries from customs duties. This quality is traditionally used in the fast -prepared coffee industry, but it is increasingly mixed in other types of mixtures, given the high prices of coffee in future contracts for luxury “Arabica” pills, which have been used in cafes, which remained near their standard levels. Regarding Brazil and Colombia, one of the largest producers of ‘Arabica’ in the world, they set up 10%fees. Given the big increase in the coffee market over the past year, any extra cost increases are a new battle for caffeine addicts. Solar Energy bought developers of solar energy projects in the United States of America for more than a year to improve their shares, partly due to other customs duties that arrived before the Trump administration last January. The accumulated stock has become so large that analysts estimate that there are 50 GB units in warehouses. This large stock is to help alleviate the immediate damage that the recent customs duties can cause, which is expected to be added to the previously existing customs, if no agreements are reached to reduce it.
The trade war is pushing investors to focus on 5 goods this week
