The Inelasticity of Rubber in 2021
Before the inception of automobiles in 1896, rubber was indigenous to Central and South America. It was used for making rubber balls, glues, and sandals. Thereafter it was almost exclusively grown in Asia. Even today 70% of the global supply comes from just three countries– Thailand, Indonesia, and Malaysia. With […]
The 2021 Blue Gloves Supply Challenge
In March 2020 some two dozen nations including Russia, Turkey, Iran, Pakistan, India, China, Kenya, Morocco, France, UK, Netherlands, Finland, and the Czech Republic, banned their medical supplies export which included gloves. The price for nitrile gloves, a name synonymous with medical gloves, shot up by as much as 300-1,200 […]
Dark times past for Coal?
Coal, supplier of 30 percent of the worlds’ energy, which had seen a year-on-year increase in production for more than a decade and had the experts predict a more than double growth by 2030; witnessed a sudden fall in demand in 2019 as the lockdown during the Covid-19 brought many […]
Investors spot food industry’s White Gold
Sugar has been a coveted commodity for many centuries. It had helped America win its independence from Britain. At present, two countries, namely- Brazil and India, produce over half of the worlds’ sugar. They also consume 80% of their produce. This heavy dependence on just two countries for the global […]
Will Leather still feel nice in 2021?
The leather goods market is expected to garner a CAGR of 6.2% between 2020-2025. However, this dustproof, fireproof, crack-proof, fashion material had to weather the effects of lockdowns in 2019. The demand for fashion goods decreased across the EU, UK, the US, and Japan. This forced tanneries in Bangladesh and […]
China resurrects Copper trade in 2021
Besides other disruptions, the 2020 pandemic is also credited with abruptly dragging down most of the commodity prices in the market. Copper and zinc, the two raw materials essential for any industrial activity, slipped into double-digit places due to worldwide lockdowns. As many countries inch back towards normalcy and pledge […]