Commodity Bull Market in 2021? | Why are Platinum, Wheat, Sugar and Cotton Prices Soaring?
Are we going to see a commodity bull market in 2021? Platinu, wheat, sugar and cotton have all flow slightly below the radar, but the commodity market seems to have entered a bullish cycle, as their’s and other commodity prices have been soaring. Watch our full analysis and exclusive commodities 2021 outlook!
According to Goldman Sachs, we’re well into a commodity bull market cycle at the moment. And from the looks of it, it’s a long-term commodity bull market. So after a crushing 2020, the Bloomberg Commodity Index is finally seeing gains.
A weaker dollar also happens to be contributing to the commodity prices bull market. The cotton commodity price, for example, is up 4% since the beginning of the year. Then there’s the sugar commodity price that has hit a 4-year high this month. And it’s a similar story with the wheat commodity price, where futures surged reaching a near 6-year high.
Watch the full video on the commodity bull market 2021 and find out what the best performing commodities are likely to be throughout the year.
Give us a thumbs up if you liked our commodities 2021 analysis, and leave us a comment down below with your thoughts on the current market situation. And to be notified about our next commodity bull market video, be sure to subscribe to the Capital.com channel and hit the bell button before you go!
#Commodities
#Commodities2021
#CommodityMarket
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Видео Commodity Bull Market in 2021? | Why are Platinum, Wheat, Sugar and Cotton Prices Soaring? канала Capital.com
According to Goldman Sachs, we’re well into a commodity bull market cycle at the moment. And from the looks of it, it’s a long-term commodity bull market. So after a crushing 2020, the Bloomberg Commodity Index is finally seeing gains.
A weaker dollar also happens to be contributing to the commodity prices bull market. The cotton commodity price, for example, is up 4% since the beginning of the year. Then there’s the sugar commodity price that has hit a 4-year high this month. And it’s a similar story with the wheat commodity price, where futures surged reaching a near 6-year high.
Watch the full video on the commodity bull market 2021 and find out what the best performing commodities are likely to be throughout the year.
Give us a thumbs up if you liked our commodities 2021 analysis, and leave us a comment down below with your thoughts on the current market situation. And to be notified about our next commodity bull market video, be sure to subscribe to the Capital.com channel and hit the bell button before you go!
#Commodities
#Commodities2021
#CommodityMarket
***
Explore trading and start investing with Capital.com.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Видео Commodity Bull Market in 2021? | Why are Platinum, Wheat, Sugar and Cotton Prices Soaring? канала Capital.com
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