COMMENT – Crystal gazing at 2021 commodities cycle – only bet is on the pace of coronavirus recovery

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The spread of the Covid-19 pandemic led to lockdowns and economic devastation across the world. The story for commodities was far more nuanced, reflecting that the pandemic was not your run-of-the-mill global recession. The story for 2021 is likely to be dominated by the recovery from the coronavirus, especially since it now seems likely that […]

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COMMENT – Tension between China and Australia over commodities trade being seen as former flexing its muscle

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Australia’s ties with top trade partner China soured in 2018 when it became the first country to publicly ban China’s Huawei from its 5G network, and worsened after Canberra called for an enquiry into the origins of the coronavirus. Tit-for-tat diplomatic reprisals have since followed, including raids on the homes of Chinese journalists in Australia, […]

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Weekly Wrap – Global economy ticks along; India’s farmers’ unrest worrisome

The global economic recovery from the crisis originated by the coronavirus pandemic may take as much as five years, the World Bank’s chief economist Carmen Reinhart said. “There will probably be a quick rebound as all the restriction measures linked to lockdowns are lifted, but a full recovery will take as much as five years,” […]

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COMMENT – Sucre Bleu! The bitter aftertaste of Indian sugar industry

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It may well be called a problem of plenty! Sugar output in India, the world’s second-largest producer after Brazil, is expected to increase by 17.69 per cent to 32.01 million tonnes during the season beginning October 2020 on likely higher availability of sugarcane for crushing. However, the positive development has failed to amuse private sugar […]

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