Commodities risk ‘across the board’ losses on trade war hit


SINGAPORE: Raw materials just capped the longest run of weekly declines this year as the US-China trade war heated up. More losses may follow.

Should the dispute escalate, “we expect commodity prices to weaken across the board,” Commonwealth Bank of Australia said in a note.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Ringgit closes slightly lower against US dollar
Inta Bina bags RM170mil construction job
PETRONAS Gas commits to sustainability, announces total dividend of 72 sen per share
Crest Builder bags RM486mil condo job
Axis-REIT optimistic of maintaining its current performance for FY24
KIP REIT aims for RM2bil AUM
ATX Semiconductor to boost investment in Melaka to RM952mil
Haily gets RM109.5mil residential construction job
Malaysia’s vehicle sales dip 10% year-on-year in March
FBM KLCI ends at near 2-year high

Others Also Read