As we are seeing major fluctuations in the commodity markets, we are expecting the nations to take the initiative and balance the commodity market as the commodity futures are trading with great volatility, and that is never good for any nation or any commodity for that matter.
The movement of commodity prices depends on the demand of the finished goods which it serves as raw material this is the core factor that affects the commodity market while there are a plethora of other factors like the recent global events like the attacks on oil regions in Saudi, political unrest in Hong Kong, strikes in Chile and much more. The government policies also affect the nature of commodity trading, and we are expecting that these changes should be governed, keeping in mind what is the impact of them on the commodity markets since these are the markets that this news is hitting pretty hard. The growth of the commodity market is very hard to predict, and even if we do, there is very little chance of it being right and a huge chance of being wrong as we do not know what might happen tomorrow and change the markets.
So as the uncertainty rises in the commodity markets, the issues for the nations will also rise as these commodities are being traded at much higher prices, and the end consumer can only bear so much burden as the income is also shrinking as the prices rise.
Tags : commodities trading well, major fluctuations, policies , higher prices,