The prices of nickel, wheat and corn also run. The market fears that war and sanctions could disrupt supplies that we would not be able to replace promptly
by Sissi Bellomo
Gas prices up 40% in a matter of minutes, oil running over $ 100 a barrel, gold at a year’s high and aluminum even at an all-time high, accompanied by the nickel rush and on the agricultural markets for wheat, corn and soy.
It is war in Ukraine. And raw materials – already very expensive – react with further, strong increases. The Russian invasion, feared and evoked several times by the US, nevertheless took the markets by surprise. And while the missiles fly over Kiev it is no longer alone …
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