Coffee, chillies and cashews: a new recipe to spice up China-Africa trade relations
Blanket relationship with all African nations is viewed as a precedent for partners like the EU. Read More Here
Tag: Commodities
Global Commodity Prices Set to Fall Through 2026 Amid Historic Oil Glut
Global commodity prices are set to tumble to a five-year low in 2025 amid an oil glut that is so large that it is likely to limit the price effects even of a wider conflict in the Middle East, according to the World Bank’s latest Commodity Markets Outlook. Even so, overall commodity prices will remain 30% higher […]
What the China thaw means for Australia’s trade diversification agenda
While it’s easy to say never again allow one market to dominate, the promise of premium prices will be hard to ignore. Read More Here
The Fairy Tale Of Finite Resources
At first glance, it is an argument that seems to make sense—and it would be crazy to oppose: because the earth’s raw material resources are finite, infinite growth is impossible. This leads many to conclude that, somehow, growth must be limited. What is there to this argument? Read More Here
Out-of-Control Shipping Costs Fire Up Prices From Coffee To Toys
The skyrocketing price of shipping goods across the globe may hit your pocketbook sooner than you think — from that cup of coffee you get each morning to the toys you were thinking of buying your kids. Transporting a 40-foot steel container of cargo by sea from Shanghai to Rotterdam now costs a record $10,522, […]
Australia Largely Winning Its Trade War With China
Australia is often blamed for putting all its eggs and everything else into one basket then shipping the lot to China. Those who worry about Beijing’s resultant leverage over Australia may feel vindicated after the travails of 2020 and 2021, but the trade war rooted in geopolitics hasn’t net-net hurt the Australian economy or its […]
The Price Of The Stuff That Makes Everything Is Surging
The prices of raw materials used to make almost everything are skyrocketing, and the upward trajectory looks set to continue as the world economy roars back to life. From steel and copper to corn and lumber, commodities started 2021 with a bang, surging to levels not seen for years. Read Here | Bloomberg
Australia, China Trade War Ensures Mutual Destruction
China and Australia’s trade is interlinked in many areas but the largest value items are commodities Beijing arguably cannot readily source in sufficient supply elsewhere. This is often missed when Australia and China’s trade relationship is weighed against security ties with the US and a rapidly changing world order some view as a New Cold […]
China-Africa Trade Takes Big Hit From Coronavirus In First Half
Two-way trade between China and Africa fell 19.3 per cent in the first half of the year to US$82.37 billion as coronavirus ravaged economies and cut demand for commodities. China, one of the biggest importers of raw materials from Africa, including copper, cobalt and oil, cut its imports from the continent by 31 per cent […]
Trump To Slap Tariffs On $200B More Chinese Goods
President Donald Trump announced that the United States will impose a 10 percent duty on an additional $200 billion of Chinese imports as of next week, quickly escalating a trade war that has hit broad swaths of the global economy. Read Here – Politico Also Read: U.S. China Trade War: Analysis of Latest Developments
looking beyond borders 