marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
raw materials
12/05/2024
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By Arsenio Toledo
TRADE WAR: China bans export of raw materials to U.S. for high-tech and military applications
The Ministry of Commerce of the People’s Republic of China (PRC) has announced a ban on exports to the United States of several raw materials that could be manufactured for high-tech and military applications. Among the raw materials that were banned were gallium, germanium and antimony. The Commerce Ministry announced the move after Washington, D.C. expanded […]
11/16/2022
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By Ramon Tomey
Heinz Tomato Ketchup sees 53% PRICE INCREASE in the UK
As inflation continues to pound consumers all over the world, many food companies have passed on higher manufacturing and raw material costs by increasing the prices of their products – including tomato ketchup. A study done by consumer organization Which? found that prices of food items from big manufacturers have increased by huge percentages. According to its data, the price […]
06/01/2022
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By Mary Villareal
Lumber prices fall as rising interest rates affect housing industry
Another sign of how rising interest rates are deflating markets that boomed during the Wuhan coronavirus (COVID-19) pandemic can be seen in lumber prices, which have started crashing down. Wood prices were a leading indicator of the supply chain problems and inflation following the pandemic lockdowns. Prices shot up in the summer of 2020 as […]
11/12/2021
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By Matthew Davis
Food prices to rise as nitrogen shortage forces American farmers to scale back on fertilizers
Food prices are expected to rise even more due to a shortage of nitrogen fertilizer, which will prevent farmers from getting what they need for their fields in the future. According to executives at the CF Industries Holding Inc., the lack of fertilizers will lead to a smaller corn yields that will push the prices of food further. If […]
10/26/2021
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By Ramon Tomey
Unilever raises product prices due to rising costs of raw materials
Consumer goods company Unilever has raised prices due to rising raw materials costs. The multinational firm warned that inflation would continue for at least the next 12 months. Unilever said on Oct. 21 that it increased its prices by 4.1 percent in the third quarter of 2021. The price hikes serve to pass rising material costs […]
06/03/2021
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By Nolan Barton
Extended global supply shortage seen as China’s factories squeezed
A factory of Huizhou Baizhan Glass Co. Ltd., maker of glass lamp shades for companies including Home Depot Inc., is being stretched to its limits with sales doubling their pre-pandemic level. But the company based in the southern Chinese province of Guangdong, which makes about $30 million in annual revenue, doesn’t plan to expand operations. […]
05/18/2021
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By Ramon Tomey
Supply shortages are leading to price hikes, worsening inflation
Economic analysts have raised the alarm bells on possible supply shortages for raw materials. These shortages, alongside logistical hurdles, have forced many firms to warn about a possible price hike. Because of these foreboding signs, many are bracing for possible inflation to occur amid the ongoing COVID-19 pandemic. According to data from JPMorgan Chase & […]
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