... effectively severs gold pricing from the dominance of Western financial institutions and is aimed at strengthening the country's financial independence. New Exchange: Gold Bullion Trading in St. Petersburg The St. Petersburg International Commodity and Raw Materials Exchange (SPbMTSB), in collaboration with the state-owned company "Goznak," plans to begin trading physical gold in the form of bullion in the third quarter of 2025. Trades will be conducted on a “one lot — one bar” basis in ...

... Northeast China's power grid. In 2023, exports totaled approximately 3.1 billion kWh. Increasing exports will require significant investments in additional generating capacity, the analyst warns. Potential Areas for Growth Tereshkin sees the supply of raw materials for petrochemical production as the most promising area of energy cooperation with China, as petrochemicals are a key driver of China's hydrocarbon demand. Between 2019 and 2023, China's liquid hydrocarbon demand grew by 2.26 million barrels ...

... the lifting of sanctions can facilitate the development of online platforms for the sale of oil products and other strategically important goods. An example of such a platform is Open Oil Market, the first independent marketplace for oil products and raw materials, which is now actively preparing for an IPO on the Moscow Exchange. The easing of sanctions adds confidence in the potential of such projects, because Russian companies will be able to significantly expand their influence in both the domestic ...

... striking aspects of the ISM report was the surge in the Prices Index. In April, prices paid by service organisations jumped to 65.1 from 60.9, marking the highest level in roughly two years. This steep rise indicates that cost pressures — from wages to raw materials and supplier pricing — have intensified. Respondents to the ISM survey cited higher input costs and ongoing supply constraints (including import tariffs on certain goods) as factors driving up prices. Such persistent price pressures in the ...

... their reports. Moderna, experiencing a sharp decline in revenue following a boom in vaccine demand, is likely to report a loss for the quarter. Conversely, Regeneron is expected to show stable income thanks to sales of its flagship drugs. Industry and Raw Materials: In this segment, results will be released by chemical and technology conglomerate LyondellBasell, industrial gas leader Linde, and engineering firm Fluor. Their reports will provide insight into industrial and construction demand. Moreover,...