Five Key Charts to Watch in Global Commodity Markets This Week
Freshly-laid chicken eggs in baskets at a farm in Pleasureville, Kentucky.
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Volatile weather and the US bird-flu outbreak are making the upcoming holiday menu more expensive as the price of coffee, cocoa and eggs soar. Meanwhile, OPEC expects oil demand to climb in 2025, driven by China, India and other Asian nations. Electricity use also is rising, with a key North American agency revising its projections significantly upward. Also revised higher is demand for coal, contrary to earlier estimates that said its use peaked last year.
Here are five notable charts to consider in global commodity markets as the week gets underway.