Energy prices eased by 1.8% in October, led by coal (-12.5%) and oil (-3.4%). Non-energy prices were down by 1.6%.
Metal prices went down 2.7%, led by nickel (6.9%) and lead (5.3%).
Precious metals fell by 0.5%.
News
November 6, 2023
Dacia totalled 493,511 private and utility vehicle sales in the first 9 months of 2023, up 16.7% on the same period in 2022. The brand’s four pillar models show positive growth over the first 9 months of the year: Spring up +40.6%, Sandero up +18.3%, Duster up +4.1%, and Jogger up +76.1%.
Dacia's private vehicle market share was stable in Europe over the first 9 months of 2023, despite a slight contraction of the retail market (private customers in European mix down from 44% to 40%*).
November 3, 2023
Qualcomm introduced the next steps with the launch of their Snapdragon 8 Gen 3 mobile SoC on the first day of the 2023 Snapdragon Summit last week.
Qualcomm has revealed its new top-end mobile processor that will power the next wave of Android flagships in 2024. But this time around, the focus is not just on raw performance and camera enhancements. Instead, Qualcomm is turning its attention to generative AI and bringing it to smartphone users with an on-device approach.
November 2, 2023
The latest conflict in the Middle East has introduced significant uncertainty into commodity markets that have been coping with the effects of an extraordinary series of shocks in recent years. Before the conflict began, voluntary oil supply withdrawals by OPEC+ producers pushed energy prices up 9 percent in the third quarter. As a result, the World Bank’s commodity price index rose 5 percent over that period and is now 45 percent above its 2015-19 average. For now, the impact of the conflict on commodity prices has been muted.
November 1, 2023
European new vehicle registrations increased by 10% to 1,155,648 units in September, marking the slowest rate of growth recorded this year. In comparison to September 2020, when the pandemic was impacting the market, total volume was down by 11%.
The demand for electric vehicles was high considering the lack of affordable EVs on the market. Last month, EV registrations totalled 186,380 units accounting for 16.1% of the market – an increase of 13% when compared to September 2022.
October 31, 2023
Ford is strengthening its offering to families and businesses alike with production now under way of the all-new Ford Transit Courier and all-new Ford Tourneo Courier, at Ford Otosan’s Craiova plant, in Romania.
The all-new Transit Courier will bring enhanced connectivity and productivity for compact van customers; while all-new Tourneo Courier is a five-seat multi-activity vehicle with a distinctive SUV-inspired design and plenty of room for passengers and their belongings within a compact city-friendly footprint.
October 30, 2023
Infineon Technologies AG, Hyundai Motor Company and Kia Corporation have signed a multi-year supply agreement for silicon carbide (SiC) and silicon (Si) power semiconductors. Infineon will build and reserve manufacturing capacity to supply SiC as well as Si power modules and chips to Hyundai/Kia until 2030. Hyundai/Kia will support the capacity build-up and capacity reservation with financial contributions.