Discover more about S&P Global’s offerings.
The essential perspective on global commodities
Low water levels, high power prices as well as margins and exports under pressure are on S&P Global Commodity Insights' radar this week. 1. Low Rhine levels hamper commodity shipments What’s happening? Water along Germany’s Rhine have fallen below critical levels , hampering commodity deliveries in Europe’s biggest economy. Low water levels increase freight rates and force barges to only part-load
The repercussions of banning chemical fertilizer imports in Sri Lanka with little planning has weighed heavily on the country’s farming industry. Sri Lanka now faces an impending food shortage resulting from reduced domestic production, along with the financial inability to import supply. The plight of agriculture in Sri Lanka started with government’s decision to ban chemical fertilizers in May 2021, which was later revoked in November
S&P Global Commodity Insights editors monitor investments in upstream projects and solar power. Price-wise, eyes are on wheat, polyethylene and cobalt this week. 1. High profits, global energy crisis pressure majors to invest more in upstream projects What’s happening? Shell, BP, TotalEnergies, Equinor and Eni announced over $37 billion in Q2 profits as the key Dated Brent oil benchmark neared $140/b in March before settling above the $100/b mark
