Tag: global commodities market

How COVID-19 is severely impacting demand for Africa’s soft commodities

The World Bank says both the demand and supply of side of the global commodities market has been affected by the COVID-19 pandemic. Independent Commodities Expert, Edward George joins CNBC Africa for a look at what to expect from the soft commodities markets in the second half of the year.

How the US-China trade war is disrupting commodity markets

The World Bank says agricultural prices are expected to fall 2.6 per cent this year on average, amid ample stocks but foresees a 1.7 per cent rise in 2020 on expected cuts in U.S. crop plantings and higher costs of energy and fertilizers. For a focus on the global commodities market, Damilola Akinbami, Head of Research at Financial Derivatives joins CNBC Africa for more.
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