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Gold is expected to find good support into the dips on geopolitical concerns emanating from the Middle East as the US and the UK strikes on Houthis have made the region vulnerable. Nonetheless, the yellow metal will be at. a risk to slide lower in case the tensions remain contained, more so as hard macroeconomic data of the US economy remain encouraging.
The sauce category has been hit by volatile supply chains and high raw material costs. How can F&B manufacturers best leverage modified starches in sauces to deliver success?
The commodities market bucked the trend of most markets in 2022, registering solid gains. The Ukraine conflict curtailed the supply of energy and food commodities, and prices soared. Will that pace diminish in 2023 as recessionary conditions dampen consumer confidence? Or will the uptake in demand from a reviving China keep prices high?
As per a new S&P Global Market Intelligence report, dated November 4, commodities prices for core metals will be hit by the macro backdrop facing the global economy through most of 2023.
Inflationary trend may continue as the commodities’ outlook does not indicate any softening, said some analysts