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Global Commodity Prices Rise Amidst Supply Concerns
Global commodity prices are on the rise, with dairy prices rallying at the latest auction and raw sugar advancing to a 14-month high. Concerns over global supply, partly due to El Niño's potential impact on the Southern Hemisphere, are driving the increases.
18 Aug, 15:32 — 18 Aug, 19:40
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (32/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left1
Left (1)
rnz
Center1
Center (1)
bloomberg
Right
Far R
Geographic diversity— 2 regions9/34
New Zealand1US1
ℹOnly 2 sources cover this story
Sources
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bloombergHigh5h ago
Raw Sugar Advances to 14-Month High on Global Supply Concerns
Raw sugar futures rose to the highest in more than a year as India, the world’s second-largest producer, is considering cutting import duties on the commodity in the latest sign of global supply constraint.
By Ana Mano
Read full article →rnzHigh1h ago
Dairy prices rally at latest global auction as El Niño threatens to disrupt Southern Hemisphere
Record temperatures in Europe and the prospect of months of El Niño-related disruption in the Southern Hemisphere could impact supply, expert says.
Read full article →Coverage Timeline
First report: bloomberg · 18 Aug, 15:32|Full coverage: 2 · 4h|Window: 4h
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