11:32 AM @ 14/06/2023
Many reputable international organisations have shown their optimism about Vietnamese economic outlook, predicting that the country can complete its GDP growth target of 6.5% this year.SEE MORE05:23 PM @ 13/06/2023
ts monthly Zinc Commodity Briefing Service (CBS) reports, S&P Global Commodity Insights discusses the zinc market within the broader macroeconomic environment and provides rolThe London Metal Exchange three-month (LME 3M) zinc price was rangebound throughout March on macroeconomic pressures and constrained supply. For the first quarter of 2023, the average price was down 16.6% year over year.ling five-year supply, demand and price forecasts.SEE MORE04:58 PM @ 13/06/2023
Vietnam's GDP growth rate moderated to a pace of 3.3% year-on-year (y/y) in the first quarter of 2023, after rapid GDP growth of 8.0% y/y in 2022. Vietnam's manufacturing export sector has faced increasing headwinds due to slowing growth in the US and EU, which are two key export markets accounting for over 40% of Vietnam's goods exports. Vietnam's goods exports fell by 13% y/y in the four months of 2023.SEE MORE04:35 PM @ 13/06/2023
The strength in Chinese lithium markets filtered through to others, elevating lithium prices elsewhere in the world as a result.SEE MORE11:57 AM @ 13/06/2023
s predicted in my article at the end of May - partly because Russian Deputy Prime Minister and key OPEC+ negotiator Alexander Novak clearly indicated that OPEC+ would definitely not announce a surprise cut in oil production - OPEC+ did announce a surprise cut in oil output at its meetings beginning 4 June. As also predicted in the same piece, the net effect of the 1.16 million barrels per day (bpd) production cut achieved nothing good for Saudi Arabia – either through the sustained oil price gains it anticipated or in repairing its shattered geopolitical relationships with the West. Instead, as with the previous ‘surprise’ OPEC+ production cut,SEE MORE
