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The Deputy Minister of Energy of Kazakhstan stated that in the first 11 months of 2025, Kazakhstans total oil production reached 91.9 million tons, with exports reaching 73.4 million tons.On December 17th, Jinlu Electronics stated on its interactive platform that its PCBs are used in charging equipment for new energy vehicles. In the new energy vehicle PCB market, the company has accumulated a wide and high-quality customer base across the industry chain, including OEMs, Tier 1 suppliers, and EMS factories.The US dollar rose above 1,480 against the South Korean won for the first time in eight months.December 17th - According to data from China Tungsten Online, tungsten powder prices rose by 10,000 yuan/ton today, reaching a new high of 1 million yuan/ton, a 216.5% increase compared to the beginning of the year. In addition, the latest price for 65% black tungsten concentrate is 420,000 yuan/standard ton, a 193.7% increase compared to the beginning of the year; the latest price for ammonium paratungstate (APT) is 620,000 yuan/ton, a 193.8% increase compared to the beginning of the year.December 17th - ING Senior Economist Min Joo Kang wrote in a report that the Bank of Japan is more likely to raise interest rates on Friday due to strong Japanese exports. Exports rose for the third consecutive month in November, and core machinery orders surged for the second consecutive month in October. The data suggests the economy is recovering from the contraction of the previous quarter. The market will be watching comments from Bank of Japan Governor Kazuo Ueda. Given growing concerns about rising market interest rates, we expect Ueda to refrain from delivering any hawkish messages at the press conference.

What commodities should i choose to trade

LEO

Oct 25, 2021 13:27

If you wish to trade commodities, gold and crude oil will probably be your first choices to start.

Gold is an important hedging tool in the market. When the world encounters political instability or economic downturns, people will worry about currency depreciation, and gold will often become one of the options against currency depreciation.


When an international emergency breaks out, the price of gold will experience large fluctuations. Unlike currency pairs, the price of gold is affected not only by the countries involved, but also by global factors. Therefore, gold provides investors with more investment opportunities.


With regards to crude oil, investors would easily understand the reasons for fluctuations in its supply and demand by reading international news. Like gold, oil prices are affected by global factors, which provides more opportunities for you to trade.