Lat time I wrote about wheat in Egypt crisis post.
The commodity since then is making new highs and is at fresh 52 week highs.
It has been just 9 days since then and the commodity has moved up 8% since then. Good to know that kind of move especially when one is trading India which is making new lows now.
There are couple of global events and clomate factors behind this kind of move. Here is the chart:
The commodity since then is making new highs and is at fresh 52 week highs.
It has been just 9 days since then and the commodity has moved up 8% since then. Good to know that kind of move especially when one is trading India which is making new lows now.
There are couple of global events and clomate factors behind this kind of move. Here is the chart:
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