ππ Commodities Market Weekly Update (Feb 24 - Mar 2) ππ°
Markets faced a sharp decline this week, with energy and agricultural commodities taking a significant hit. Here are the biggest losers:
π» Top Declines:
1οΈβ£ #Sugar #11 $SB -13.2%
2οΈβ£ #NaturalGas $NG -9.8%
3οΈβ£ #WinterWheat $KE -8.4%
4οΈβ£ #Wheat $ZW -5.9%
5οΈβ£ #SoybeanOil $BO -5.8%
6οΈβ£ #Corn $ZC -4.4%
7οΈβ£ #HeatingOil $HO -4.5%
8οΈβ£ #LeanHogs $LH -4.1%
9οΈβ£ #Soybeans $ZS -2.7%
π #RBOBGasoline $RB -2.8%
Even #CrudeOil $CL slipped -0.6%, while #BrentCrude $BZ fell -1.9% π
With inflation concerns, supply chain disruptions, and shifting demand, commodities remain highly volatile.
π Whatβs your outlook on the commodities market? Are we in for a rebound, or will the downward trend continue? Letβs discuss in the comments! π
#Markets #Investing #Commodities #Trading #Finance #Energy #Agriculture
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