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Five Key Charts to Watch in Global Commodity Markets This Week
Global food prices are fresh off their biggest annual decline since 2015. However, disruptions at vital trade corridors including the Red Sea and Panama Canal will continue to pressure commodities, including everything from grains and edible oils to crude oil and gas. In Europe, higher-than-normal natural gas inventories are keeping a lid on price increases even as a cold front descends on the region. Here are five notable charts to consider in commodity markets as the week gets underway. Shipping: Ongoing tensions in the Red Sea are forcing many cargo vessels to avoid the key corridor that cuts transport times ... (full story)