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Day: January 29, 2023

Commodity trade costs surge as industry seeks up to $500bn in extra finance – Financial Times

High interest rates, volatile prices and the war in Ukraine have made it significantly more expensive to finance commodity trade, forcing the industry to hunt for an extra $300bn to $500bn in working capital to keep raw materials moving around the world. Changing trade patterns have made the global flow of raw materials less efficient and more […]

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