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 COMMODITY RISK SUITE LYSCALE RISKGRADE COMMODITY RISK SUITE [Listed Non-Oil Commodities as below] | | | BAN | BAUXT | COAL | COCOA | CNUTS | COF | COTT | COPP | GRNUTS | IRON | JUTE | MEAT | PEP | SUGAR | TEA | TIMBER | TIN | TOBACCO | COMMRISK COMP | | Timeline | | | | | | | | | | | | | | | | | | | | | 1 | | | | | | | | | RM1 | | | | | | | | | | | | 2 | | | | | RM2 | | | | | | | | RM2 | | | | | | | | 3 | | | | | | | | | | | | | | | RM3 | | | | | | 4 | | | | | | | | | | | RM4 | | | | | | | RM4 | | | 5 | RM5 | | | | | | | | | | | | | RM5 | | | | | RM5 | | 6 | | | | | | RM6 | | | | | | RM6 | | | | RM6 | | | | | 7 | | RM7 | | | | | | | | | | | | | | | | | | | 8 | | | | | | | | | | RM8 | | | | | | | | | | | 9 | | | | | | | | | | | | | | | | | RM9 | | | | 10 | | | | | | | RM10 | | | | | | | | | | | | | | 11 | | | | RM11 | | | | | | | | | | | | | | | | | 12 | | | | | | | | | | | | | | | | | | | | | 13 | | | | | | | | RM13 | | | | | | | | | | | | | 14 | | | RM14 | | | | | | | | | | | | | | | | | | 15 | | | | | | | | | | | | | | | | | | | | | 16 | | | | | | | | | | | | | | | | | | | | | 17 | | | | | | | | | | | | | | | | | | | | | 18 | | | | | | | | | | | | | | | | | | | | | 19 | | | | | | | | | | | | | | | | | | | | | 20 | | | | | | | | | | | | | | | | | | | |
DAILY UPDATE Despite efforts induced by the Ouagadougou Political Accord aimed to restore peace in the Ivory Coast, the West African state still controls a sizeable chunk of the World demand of cocoa (35-40% of global output). By ricochet, the political risk indicence is hampering the overall Risk Magnitude of the Cocoa commodity both within and internationally at large. Cocoa Risk is set RM11 and still rising due to the fact of wide implications of governement mismanagement at local levels against angry producers. The risk indicence of Cocoa is also affecting African originated soft commodities such as Coffee (RM6), Timber (RM6), Cotton (RM10). Copper (RM13) and Tin (RM9) exhibit rationale expectations patterns with uncontained volatility. Factors that elucidate these occurings can be found in exploring deeper within each geographical spreads and its peripheral influences. The forecast outlook is anticipated to be bleaker for soft commodities in general within the next coming 60 days, while hard commodities are still open to major fluctuations. Hard commodities, such as Iron (RM8) |
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