Knoema.com - Prices http://knoema.es 2022-12-29T05:48:01Z /favicon.png Knoema es su Autopista personal hacia el conocimiento China: Is Pork a Barrier to Economic Stimulus? //knoema.es/lzsappb/china-is-pork-a-barrier-to-economic-stimulus 2022-12-29T05:48:01Z Alex Kulikov knoema.es://knoema.es/user/1847910
China: Is Pork a Barrier to Economic Stimulus?

(September 2019)  Pork prices in China have increased 82 percent over the last year, presenting an unconventional potential threat to the monetary easing policy Beijing announced earlier this month.​ According to the Ministry of Agriculture and Rural Affairs of China, the growth rate of pork prices is accelerating: before this month's wild increase, the average price of pork jumped 19.3 percent year-on-year in July and 47.6 percent in August as the African swine flu ​outbreak ​further diminished pig stocks to only 39 percent of the​ inventory one year ago.Prices for other meats​,​ such as beef and lamb​,​ have also​ increas​​​​​ed this year—though to ​lesser extent than pork—contributing to ​an increase in the ​overall consumer price index for meat ​by ​11 percent year-over-year in August, according to China’s National Bureau of Statistics. Growing meat prices, together with fresh fruits and vegetables, ​also ​contributed to​ inflation of the​ ​broader food price ​index​, which recorded a six percent year-over-year​ increase​. Pig meat is one of the most important foods in ​the​ daily diet of people living in China​,​ accounting for ​12 percent (about ​368 kilocalories​) of ​each person's ​daily energy intake​,​ according to the Food and Agriculture Organization. T​o meet this consumption demand, China produces around 54 million tonnes of pork annually​, which is five times more than the US, the second largest producer of pork globally. ​While ​Chinese domestic supply of pork relies primarily on domestic production, ​​the swine flu will force China to turn to other suppliers, such as Spain, Germany, Canada, and (potentially, despite the trade war) the United States.   Rising pork prices ​have had a negligible effect on overall consumer price inflation to date​, which remained stable at 2.8 percent in August.​ The threat to China's economy comes from the unabated and accelerated growth rate in pork prices in tandem with the central bank's implementation of new policy measures effective September 16 to support monetary easing. The People's Bank of China cut the reserve requirement ratio by 50 basis points to support the slowing Chinese economy. Lower reserve requirements will enable increased lending to businesses and households, reducing borrowing costs, and (if all goes to plan) stimulating more investment. But on the flip side of more investment is ... rising inflation, which given current pressures, may accelerate beyond the Bank's targets.  

Alex Kulikov knoema.es://knoema.es/user/1847910
RS Metrics | MetalSignals — Predictive Signals for Commodities from Satellite Imagery //knoema.es/uzumefc/rs-metrics-metalsignals-predictive-signals-for-commodities-from-satellite-imagery 2022-10-26T06:23:16Z Nikolai Kuznetsov knoema.es://knoema.es/user/6481950
RS Metrics | MetalSignals — Predictive Signals for Commodities from Satellite Imagery

(19 March 2021) In December 2020, Zinc prices rose to the highest level since April 2019, boosted by concerns over falling Chinese production while hopes for a US stimulus deal buoyed market sentiment. Satellite analytics from RS Metrics show that the zinc output of monitored Chinese smelters dropped by 17% M-O-M in December. Supply constraints have helped fuel a 46% rebound in zinc prices from a March 2020 low even as demand took a hit due to the pandemic. Iron ore prices reached a ten-year high of $160 per tonne by the middle of December. Demand growth, particularly in China, is driving the increase in the cost of raw material. Supply constraints in Brazil have also tightened the market. Iron ore inventory at port storage facilities in Brazil monitored by RS Metrics dropped by 20% M-O-M in December. RS Metrics MetalSignals monitors production, inventory levels, and activity level of 500+ global smelter, storage, and production facilities, most of them on a weekly basis. Charts below display the global, regional, and country-level inventory levels over 2019 and 2020.

Nikolai Kuznetsov knoema.es://knoema.es/user/6481950
Historical Gold Price Trend in India //knoema.es/aqlqsqc/historical-gold-price-trend-in-india 2018-10-05T12:44:08Z Nematullah Khan knoema.es://knoema.es/user/1975840
Historical Gold Price Trend in India

Nematullah Khan knoema.es://knoema.es/user/1975840
The Largest Commodity Price Changes of 2016 //knoema.es/pzmeiid/the-largest-commodity-price-changes-of-2016 2018-08-29T10:30:04Z Alex Kulikov knoema.es://knoema.es/user/1847910
The Largest Commodity Price Changes of 2016

Sustained swings in commodity prices attract the attention of a variety of people around the world from traders, researchers, and analysts to policymakers and interested citizens. Commodity prices respond to changes in demand and supply forces as well as irrational exuberance of the markets. In today’s viz we opt to set aside price theory to focus instead on uncovering the largest price changes of 2016 for a selection of internationally traded commodities as well as the largest historic prices changes during the period monitored by the World Bank for the same commodities.   Largest commodity price increases Palm kernel oil. The price of palm kernel oil showed the greatest growth among the examined commodities during 2016, increasing by almost 42 percent. When some markets banned trans fats because of negative attributed health consequences, manufacturers needed a cheap replacement with a similar texture and melting point, among other characteristics. Palm oil was the solution. Sugar. Prices for sugar, сoconut products and some fruits have been consistently rising based on tight supply stemming from dry weather conditions and violent storms in several producing countries, including Thailand and regions of the Caribbean. Coal. Between January 2016 when coal prices reached a 10-year low and November 2016, coal prices rebounded by 100 percent. Contributing to the increasing price of coal were threats from the All India Coal Workers’ Federation to strike. Despite claims by Coal India that it had ample inventory to prevent any market shortfalls, markets remained responsive to potential supply disruptions. China, traditionally a leading coal producer and consumer, has also begun increasing coal imports as it reduces domestic coal production to support its environmental objectives, further tightening the global supply-demand balance.   Largest commodity price decreases Natural gas. Natural gas prices (Europe) showed the biggest decrease among all commodities during 2016, recording a 37 percent decrease. The price adjustment for liquefied natural gas (Japan) was close behind with a decline of 33.8 percent. Not only are LNG prices typically linked to crude oil prices, but natural gas and crude prices alike have been affect by a sluggish global economy, energy efficiency gains, and energy substitutes that have limited growth in energy consumption and constrained demand for traditional fossil fuesl. Depressed prices complicate final investment decisions for global LNG facilities with a history of ballooning costs—particularly in Australia—in the face of uncertain demand given competition from coal and renewable energy, among other factors. Fertilizers. Prices for fertilizers continue to decline, although the market could already be nearing bottom. In 2016, urea prices declined by 27 percent, reaching the lowest value since 2004. Other common fertilizers, including TSP and DAP, showed similar declines. While conditions within the agriculture industries of some countries—stemming from weather disruptions and crop diseases to conflict and shifts in consumption, for example—forced some fertilizers producers out of the market, industry analysts report inventory remains high globally.

Alex Kulikov knoema.es://knoema.es/user/1847910
The Real Value of $100 in Each State, 2014 //knoema.es/skrlpjc/the-real-value-of-100-in-each-state-2014 2016-08-22T11:23:50Z Alex Kulikov knoema.es://knoema.es/user/1847910
The Real Value of $100 in Each State, 2014

This dataviz shows the real value of $100 across states. Prices for the same goods are often significantly cheaper in such states as Missouri or Ohio than they are in states like New York or California. As a result, the same amount of cash can allow you to buy comparatively more in a low-price state than in a high-price one. Let's take Ohio, for example. It is a low-price state, where, $100 will buy you stuff that would have cost $111.98 in a state at the national average price level. In other words, it means that Ohioans are, for the purposes of day-to-day living, 11 percent richer than their incomes suggest. The states where $100 is worth the most are Mississippi ($115.34), Arkansas ($114.29), Alabama ($113.90), South Dakota ($113.64), and West Virginia ($112.49). In contrast, $100 is effectively worth the least in the District of Columbia ($84.67), Hawaii ($85.62), New York ($86.43), New Jersey ($87.34), and California ($88.97).

Alex Kulikov knoema.es://knoema.es/user/1847910
Petrol, Diesel,LPG Price Monitor - Weekly //knoema.es/ymwbcsd/petrol-diesel-lpg-price-monitor-weekly 2016-04-05T13:15:21Z Balaji S knoema.es://knoema.es/user/1000220
Petrol, Diesel,LPG Price Monitor - Weekly

Balaji S knoema.es://knoema.es/user/1000220
Seven Big Summits: UN General Assembly Special Session on the World Drug Problem //knoema.es/ckevjxe/seven-big-summits-un-general-assembly-special-session-on-the-world-drug-problem 2016-01-15T06:17:00Z Alex Kulikov knoema.es://knoema.es/user/1847910
Seven Big Summits: UN General Assembly Special Session on the World Drug Problem

Event date: April 19 - 21 Three weeks after the Nuclear Security Summit, the action will shift to New York, where the United Nations will hold its first special session on the global drug problem since 1998. Eighteen years ago, the slogan was “A Drug-Free World: We Can Do It.” Its focus was on prohibition, eradication, interdiction, prosecution, and incarceration. This year's summit will be different: frustrated by the futile “war on drugs” and its attendant criminal violence, a number of national governments (particularly in Latin America and Europe) are experimenting with decriminalization and harm-reduction strategies. In the United States, Colorado, Washington, and a dozen other states are similarly turning to public-health approaches. Canada's new Liberal government, meanwhile, is considering legalizing marijuana. The summit will test whether the reformist constituency within the United Nations extends beyond the Western Hemisphere and Europe. The Nuclear Security Summit | UN General Assembly Special Session on the World Drug Problem | World Humanitarian Summit | Group of Seven Summit | Group of Twenty Summit | Habitat III | Conference of Parties to the UN Framework Convention on Climate Change

Alex Kulikov knoema.es://knoema.es/user/1847910