watch the price of wheat
#commodities
#oil
#wheat
Almost all in the grocery na bakabalot sa plastic na nakakain meron pa naman wheat… tsk tsk tsk
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Hay naku just when the world is getting back on their feet after pandemic ito naman Russia gagawa ng eksena.
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Ilan percent madagdag sa inflation natin pag nagkaroon ng shortage ng oil?
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These sanctions by the west are just hurting their own people the same.
Just like the additional tariffs set by Trump on China products before, e sa consumers lang din naman nila napapasa yung additional tariffs.
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can't say...
madami iba't ibang goods ang ginagamit para mag compute ng inflation rate
fuel is one
PSA market basket
malaking factor ang food
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since fuel is needed to produce/catch and transport food, fuel cost will be added to the price of food
iba pa ung price mismo ng food commodity (corn, wheat, soybean, soybean oil, palm oiletc)
lahat yan tumaas din
nakowh masama-sama pangitain sa pro-kano. America is now the deviL..
hey Biden
guess what your inflation rate will be when you sanction russian oil
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Chaos Erupts In Energy Markets As European Gas Jumps 60%
Chaos Erupts In Energy Markets As European Gas Jumps 6 % | ZeroHedge
LME halts nickel trading after contract soars to $1 , a ton -
Nikkei Asia
The London Metal Exchange has suspended trading in its nickel contract after the price doubled on Tuesday and soared to a record above $100,000 a ton amid a vicious short squeeze.
The 145-year-old exchange said it was evident the "evolving situation in Russia and Ukraine" had affected the nickel market and given the extreme price moves in Asian trading hours had taken the decision to halt trading on "orderly market grounds."
"The LME will actively plan for the reopening of the nickel market, and will announce the mechanics of this to the market as soon as possible," it said in a statement.
The conflict in Ukraine has caused huge volatility in commodity markets because of Russia's position as a big supplier of energy, metals and food stuffs, but until now trading has continued in all major contracts.