What are the main factors that affect commodity prices? This is a topic that people who do commodity investment and trading are very concerned about. At the same time, the price of goods also directly affects our lives. Commodities are everywhere in the world economy, and daily necessities include commodities. The factors affecting commodity prices are detailed as follows:

First, supply and demand are the primary factors affecting commodity prices.

Supply and demand factors are fundamental and decisive factors affecting commodities, such as natural disasters and financial crisis, which will lead to the increase or decrease of demand. However, after entering the information age, the contradictory information between supply and demand is often artificially amplified by operators with ulterior motives, and the degree of amplification is often more than n times, which leads to the skyrocketing and plunging of commodity prices.

2. The influencing factors of US dollar and exchange rate on commodity prices:

There is a negative correlation between the dollar exchange rate and commodities, and the positive correlation between the dollar exchange rate and commodities mostly occurs when the dollar appreciates. Generally speaking, copper and Brent crude oil are closely related to the fluctuation of US dollar exchange rate, while the negative correlation of gold and the dollar exchange rate is much stronger than other commodities.

Extended data:

Trend: According to the latest report of Commodity Supply and Demand Index (BCI) from commodity data provider in February/October, 55 commodities of 100 tracked by BCI have increased, among which energy has the highest increase, with the highest increase of 2. 14%.

This reflects the far-reaching impact of international oil prices on China, but the price of coal, which consumes more than 70% of energy, continues to fall, indicating that the virtual heat in the commodity market is still there, and it will take time for the downstream to recover.

Among the 100 commodities tracked by the business community, 55 commodities rose in February, and the average increase of 100 commodities was 0.35%. Energy and nonferrous metals became two bright spots in February, with the highest average increase of energy (2. 14%) and the lowest average increase of nonferrous metals (-1.87%).

Interlocking: The prices of oil, agricultural products and precious metals are constantly pushed up by each other in the global chain reaction, which makes people worry that high-priced commodities will trigger long-term inflation.

Baidu encyclopedia-bulk goods