Analysis: Commodities

SILVER: Back on the front

Silver has recorded its strongest growth in years last week. The price of an ounce rose nearly 12% to $ 31.50. Indeed, the Fed announced that it was ready to implement new measures to support the U.S....

GOLD: Weakness of gold demand

Investors seem to be no more interested in gold. According to the World Gold Council’s report gold demand fell 7.1% in the second quarter as investment slid and Asian jewelry purchases weakness. The...

BRENT CRUDE OIL SPOT: Supported by tensions in the Middle East

The International Energy Agency expects a decline in global demand for crude in 2012 and 2013. The slower growth in China and a return of nuclear capabilities in Japan were the two main reasons why...

SILVER: Lack of interest from investors

Silver lost nearly 15% of its value during the second quarter of 2012. Investors continue to find precious metals unappealing. Silver suffers particularly from the current economic climate which...

BRENT CRUDE OIL SPOT: Short term tensions

Since the low point of USD 89 in mid-June, Brent prices are rising again. Various factors explain this reversal movement while for several months the oil from the North Sea evolved clearly in a...

CORN FUTURE (ZC) - CBE/C1: A leap into the unknown

The agricultural commodity markets have faced alarming difficulties this year and especially the corn market which has jumped 25% since the beginning of January. The main cause is the drought which...

WTI: Towards a short-term stabilization

The WTI prices have dropped 17% since the beginning of 2012. After an upturn in January and February to join the 110 dollars a barrel, crude prices have been affected by the deteriorating economic...

BRENT CRUDE OIL SPOT: Europe weighs on prices

The drop in oil prices continues, several factors may explain this situation. First of all, the economic situation described by the Venezuelan oil minister “unprecedented crisis”, which has led a...

S&P GSCI SUGAR INDEX: EU strict regulation

Despite European crisis, the EU market is still the second largest consumer of sugar. But the EU regulation is restricted and complex in order to protect their farmers. In fact, before 2007, in...

S&P GSCI COPPER INDEX 2: Sell in May and go away

The month of May for copper should end with a fall around 10%, which is the second biggest monthly decline, since November 2008. The metal continues to be in backwardation condition even if the...

GOLD: Near a hinge zone

In an uncertain global economy, the ounce of gold continues to suffer from profit taking. Indeed, gold fell last week to $ 1,527, its lowest in five months. The sovereign debt crisis in Europe and the...

CORN FUTURE (ZC) - CBE/C1: Supply surplus

Corn is the most cultivated grain in the world, is listed on the Chicago Board of Trade , the most important stock exchange for agricultural commodities. Over 70% of world wide production is meant for...

WTI: No real trend

In an uncertain global economy, oil suffers from some profit taking. Indeed, some easing in prices has been observed in recent days following the publication of disappointing economic indicators...

S&P GSCI COPPER INDEX 2: Macro economic environment is quickly changed

The copper’s strong acceleration in January, when the metal gained about 11%, was blamed to good economic news. In two months the macroeconomic environment has quickly changed, in fact last week...

WHEAT FUTURE (ZW) - CBE/C1: New price recovery ?

The world wheat acreage should rise by 1.5% for the harvest 2012/13. The world production of wheat in 2012, with 690 million tons, will be close to the record of 2011. According to the quarterly...

WTI: Very long congestion

Good U.S. economic indicators and geopolitical risks maintain oil prices around $ 100 for several weeks. A new increase sustainable in direction of $ 150, as envisaged by many analysts and investors,...

PLATINUM: Sensitive to risk aversion

The platinum traded on the “London Platinum and Palladium Market” is characterized by its extreme rarity. The extraction of this metal is realized only in very limited geographical areas of the...

GOLD: Buying power

The new gold’s increase during the past year has been seen as another excess growth. The recent publication of World Gold Council, a lobby group for the gold mining industry, has shown that this...

S&P GSCI COPPER INDEX 2: Improvements in the macroeconomic environment

Inflation’s risks incite investors to take long positions on commodities, especially after FED Chairman, Ben Bernanke, announced the possibility of a new quantitative easing. On the supply side,...