MMT
919 posts




US warns EU to pass trade deal or risk losing ‘favourable’ access to LNG ft.trib.al/CgyPj4q


What we are seeing now is the exact opposite of a commodity bull cycle: a supply crisis with unprecedented disruptions in the supply chains of crude oil, LNG, jet fuel, marine fuel, diesel, energy, nitrogen and phosphate fertilizers and basic raw materials. In a commodity bull cycle, high prices are sustained by population and economic growth, which incentivizes production and becomes the solution to high prices. What is happening now is a real shortage, demand rationing, supply chain disruptions. Corn and soybeans stocks are at the origin in the US Midwest, Brazil, and Argentina. Growing these crops has become more expensive for farmers who are already selling below the cost of production due to skyrocketing fertilizers and transporting them to ports has become difficult due to the soaring price of diesel, with no guarantee that they will reach their destinations by sea due to the uncertainty surrounding marine fuel availability. Chicago futures as the name indicates reflect the price of corn and soybeans in Chicago, but the shortage will not happen in Chicago, it will happen at the destination, this is not something solvable by higher futures, the disruption is in the physical markets, truck transportation, bunkering, supply chains, logistics.












🚨SUGAR LAND, TEXAS🚨This is not Islamabad, Pakistan, or New Delhi, India. This is Sugar Land, Texas. Third World Aliens are slowly taking over Texas and America. Why is the third-largest statue in the US this??! Stop the INVASION! Follow: @Carlos__Turcios




















