ENTITY

Platinum (PLATINUM COMDTY)

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Analysis
Materials • United States
Platinum is a chemical element with symbol Pt and atomic number 78. It is a dense, malleable, ductile, highly unreactive, precious, gray-white transition metal. Its name is derived from the Spanish term platina, which is literally translated into "little silver". Platinum is a member of the platinum group of elements and group 10 of the periodic table of elements. It has six naturally occurring isotopes. It is one of the rarer elements in Earth's crust with an average abundance of approximately 5 μg/kg. It occurs in some nickel and copper ores along with some native deposits, mostly in South Africa, which accounts for 80% of the world production. Because of its scarcity in Earth's crust, only a few hundred tonnes are produced annually, and given its important uses, it is highly valuable and is a major precious metal commodity.
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bullish•Gold
•18 Apr 2023 01:05•Syndicated

Soft commodities dominate 2023 - US orange crop falls to 86-year low

USDA on Tuesday pegged the 2022-2023 U.S. orange crop at 62.25 million boxes (2.57 million tonnes), an 86-year low and down 23% on the year.

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bullish•Copper
•11 Apr 2023 07:56•Syndicated

Between Chilean Copper Woes & Brazilian Sugar Rush

As the new season commences in April, Brazil is predicted to manufacture 40.3 million tonnes of sugar, marking the second highest yield ever recorded.

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bearish•Natural Gas
•04 Apr 2023 02:46•Syndicated

Scary: Oil market business conditions are worsening fast - due to policy mistakes

Oil businesses fear lower prices and a shortage of workers The quarterly Dallas FED Energy survey showed some pretty interesting result.

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bullish•Gold
•28 Mar 2023 07:54•Syndicated

Goldman Sachs jumps back into the supercycle boat // Trafigura CFO sees more Volatility ahead

Goldman Sachs jumps back into the supercycle boat Goldman Sachs expects a commodities supercycle driven by China and the capital flight from energy...

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bullish•Crude Oil
•14 Mar 2023 08:59•Syndicated

Our Oil Price Analysis // FED is Willing to Break the Market

Despite Bonneville Power Administration's (BPA) renewable output slipping 12% in Q4, it remained the footprint with the most renewable market share...

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