commodity performance 2022 + Steel billet price

Commodity price growth – 2022

An overview of the final prices of 2022 mining products and mining industries

The highest price growth was related to molybdenum oxide 58, titanium oxide 47, ferromolybdenum 44, ferrochrome 44, cadmium 41 and barite 35, most of which (except cadmium) It exists inside Iran and it is an export product!

The biggest price reduction this year is related to #manganese 63, magnesium 61, cobalt 34, Emirates galvanized sheet 30, and pigment used in the paint industry 29.

In 2022, the price of Iran’s #billet fob fell by 13% and #slab by 29%, which was related to the developments in #Russia and the economic recession caused by #Corona in #China.

The condition of steel raw materials is better than the ingot and steel products themselves. Coal PCI fob Australia 17 and 62 grade iron ore has only 1 drop! In contrast, steel products have decreased sometimes over 20!

Other products:

• Indian sponge iron 4
• Alumina Australia 5
• Scrap imported from Turkey 12.
• Rebar FOB China 22

Commodity performance in 2022

• Oil, agricultural products, basic metals
• Diesel 95
• Gasoline 50
• Nickel 48
•  Oil 40
•  Soybeans 30
•  Corn 22
•  American natural gas 20
•  Platinum 15
•  Sugar 12
•  Wheat 10
•  On 10
• Copper 12
• Aluminum 15
• Coffee 20
• Tin 32

CFTC Commodity 2023

Very good news: On the eve of the new year, the world’s commodity market investors have invested heavily in this area last week and the number of contracts jumped to the highest level in 6 months!!

Oil with an increase of 51 thousand purchase contracts, gold 9000+ corn 46 thousand has been in a favorable situation and is witnessing the influx of capital

Brent oil also has a favorable position and has witnessed the entry of 143 thousand long purchase contracts (44 increase in the number of purchase positions) and at best it is 17 months.

Ship sea carriage

A review of the latest prices for buying new and second-hand ships in the world last week

Those interested in commodity trade in Iran and the world know that one of the requirements for export and international competitiveness is the management of sea transportation by the merchant and having a dedicated ship under his control. Many commercial companies in the country have bought bulk ships in recent years to deal with the current #sanctions environment and to expand their business and of course they have been successful in this way.