Food Commodities Are Rising, Investments in Minerals and Oil Are Falling

Written by Daiane Souza

Published on 02/11/2021 at 10:30

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Commodities refer to strategic investments in goods and materials that we use in our daily lives. Many are geared towards the food sector, while others are aimed at the oil and mining industries. They are responsible for determining prices in dollars on a global scale and thus create a common trade. Since last Monday (01), food-related commodities have seen increases of nearly 1%, as is the case with wheat. Cocoa is among the most devalued items, losing up to 25% of its value during this time.


Wheat	Dec 21	804.25	807.75	794.10	+7.25	+0.91%	10:08:15
Paddy Rice	Jan 22	13.520	13.540	13.473	+0.017	+0.13%	01/11
Corn	Dec 21	581.75	582.90	575.88	+2.75	+0.47%	10:03:37
	Jan 22	1,254.50	1,257.00	1,243.25	+6.50	+0.52%	10:02:39
Soybean Oil	Dec 21	62.02	62.30	61.41	+0.05	+0.08%	10:14:24
US Soybean Meal	Dec 21	331.40	332.35	328.85	+2.30	+0.70%	10:01:58

Despite most minerals and other points like fuels being in decline, reaching up to 0.98%, tin has a variation of nearly 47%. Diesel and gasoline, respectively, follow the downward trend of Oil. Despite the slight dip this week, oil is at its highest value in the last two years, costing more than R$ 477 per barrel at US$ 80. In March 2020, the average price of the barrel was falling by nearly 50% to US$ 22.

The mineral market has been facing production and distribution problems, especially in countries like China. The price increase in 2020 reached 5%. In Brazil, a bar of iron went from R$ 20 to R$ 60 due to external factors and difficulties with mining. The sector’s decline in October exceeded the respective decline of 2017 in the international market.

ARTICLE CONTINUES BELOW

Market Beyond Commodities

Besides commodities, shares of major banks are also rising this week: Inter saw an increase of over 19% last Monday (01) after news broke that Nubank would be entering the stock market with an average price of US$ 11 per share. The aim of the institution is to raise over US$ 3 billion in IPOs to invest in international growth. Itaú, which released profit data for this quarter, grew over 2.3% compared to the same period last year, with a share value increase of 3.98%.

Bradesco reported a 3.47% increase, with a profit of R$ 6.469 billion in the quarter, referencing around 2.38% compared to the same period last year, in 2020. Despite being a traditional institution, the bank has been losing significant market share to other institutions that offer the possibility of a free and fully digital account.


Heating Oil	Dec 21	2.4730	2.5194	2.4636	-0.0301	-1.20%	10:20:28
RBOB Gasoline	Dec 21	2.3981	2.4297	2.3861	-0.0112	-0.46%	10:20:26
London Diesel	Nov 21	717.13	731.25	714.13	-7.12	-0.98%	10:20:26
Aluminum		2,710.00	2,745.50	2,661.75	-9.50	-0.35%	10:20:28
Zinc		3,337.75	3,377.00	3,307.50	-19.75	-0.59%	10:20:28
Lead		2,381.00	2,396.25	2,362.25	+2.00	+0.08%	10:19:41
Nickel		19,662.50	19,790.00	19,222.50	-39.50	-0.20%	10:20:28
London Copper		9,552.00	9,618.25	9,430.00	-3.00	-0.03%	10:20:28

Food Commodities Are Rising, Investments in Minerals and Oil Are Falling

Market Beyond Commodities

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

New microwave that can replace three appliances hits the market: Sharp launches 3-in-1 model that combines air fryer, convection oven, and heating in 0.9 cubic feet for small kitchens

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

The United Kingdom removed approximately 1.8 million cubic meters of sand from the seabed and is depositing it all on 6 kilometers of beaches in Norfolk, in a mega-operation to curb erosion, protect coastal villages, and shield a vital gas terminal against the encroaching Atlantic.

After 16 years and almost 600 prototypes, a Chinese inventor unveils the world’s smallest and cheapest manned jet, at just 3.80 meters long and costing US$7.2 thousand in materials.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

While refrigerators and air conditioners still rely on gases that can leak, a Cambridge startup raises $10 million to create refrigeration with plastic crystals that cool when squeezed.

The solar-powered electric tricycle that carries 272 kilograms of cargo like a truck and requires no license, registration, or insurance already functions as a utility delivery vehicle, coffee on wheels, and a mobile farm base, without spending a liter of fuel.

Luciano Hang claims persecution after Havan was notified for using the Brazilian flag on shopping bags.

Russia will build 10 facilities for recycling construction waste by 2030, including a 462,000-ton-per-year plant in the Kirov region that will transform rubble into laminated wood panels in the largest project of its kind ever planned in the country.

Ypê gets a stay and can resume manufacturing suspicious items, but Anvisa maintains the alert, advises consumers not to use the products, and competitors advance.

Food Commodities Are Rising, Investments in Minerals and Oil Are Falling

Market Beyond Commodities

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

New microwave that can replace three appliances hits the market: Sharp launches 3-in-1 model that combines air fryer, convection oven, and heating in 0.9 cubic feet for small kitchens

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

The United Kingdom removed approximately 1.8 million cubic meters of sand from the seabed and is depositing it all on 6 kilometers of beaches in Norfolk, in a mega-operation to curb erosion, protect coastal villages, and shield a vital gas terminal against the encroaching Atlantic.

After 16 years and almost 600 prototypes, a Chinese inventor unveils the world’s smallest and cheapest manned jet, at just 3.80 meters long and costing US$7.2 thousand in materials.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

The country records its first surplus in six months and hits an all-time export record, with oil and gold sharply rising, while the Middle East crisis triggers inflation in the United States and redraws the map of global energy trade.

Coinbase announces mass layoff of 700 employees, cuts 14% of staff amid AI wave and leads the crypto giant with operations in Brazil to a billion-dollar restructuring.

New import rule raises the quota to 50% in Dionísio Cerqueira, draws more trucks to the border with Argentina, and could unlock R$ 650 million in the Far West of SC

Electronic waste turns into gold for a Brazilian company: with a 100,000 m² factory and an investment exceeding R$ 100 million, the company recycles up to 300 tons per day and transforms scrap into a billion-dollar business expanding in Latin America.

While refrigerators and air conditioners still rely on gases that can leak, a Cambridge startup raises $10 million to create refrigeration with plastic crystals that cool when squeezed.

The solar-powered electric tricycle that carries 272 kilograms of cargo like a truck and requires no license, registration, or insurance already functions as a utility delivery vehicle, coffee on wheels, and a mobile farm base, without spending a liter of fuel.

Luciano Hang claims persecution after Havan was notified for using the Brazilian flag on shopping bags.

Russia will build 10 facilities for recycling construction waste by 2030, including a 462,000-ton-per-year plant in the Kirov region that will transform rubble into laminated wood panels in the largest project of its kind ever planned in the country.

Ypê gets a stay and can resume manufacturing suspicious items, but Anvisa maintains the alert, advises consumers not to use the products, and competitors advance.