Market Overview- Copper – Commodity Trading Major

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Unexpected increase in supply comes as concern over world economy hits several commodities

Beans and chocolate prices set to rise as a result of new levies

The industry has made a comeback and is one of the biggest sources of growth for large operators

Executive tells staff it is not ‘commercially viable’ for group to keep unit focused on low-emission trucking

Oil group has started up two of its promised 10 major projects in past seven weeks

Trafigura, Vitol, Gunvor and Mercuria in major expansion drive as they deploy windfall profits from energy crisis

President Bola Tinubu replaces NNPC board as country tries to boost production

Plus more bad hard data

Biggest inflow since onset of pandemic pushes bullion to fresh highs as traders hunt for haven assets

Sector once known for wanton capital allocation is now generating cash and embarking on share buybacks