(Bloomberg) – Warren Buffett is raising his bet in Japan after easing the ceilings of his company's holders. US President Donald Trump aims to plan to collect tariffs in Mexico, Canada and China. And Germany's newly elected leadership has the prolonged power that awaits them.
Most of them read from Bloomberg
As this begins, here are five notable charts to consider in the global commodity market:
diesel
The diesel market has shown signs of normalization in recent years after exports of sophisticated Russian products have strengthened fuel supply. Although US diesel demand is high and stocks are lower than in 2024 and 2023, pump and futures market prices are cheaper. It points to a more balanced market. And while Russian products are under sanctions, the country is increasing the amount of fuel.
food
Just as Trump is poised to launch tariffs on Mexico, Canada and China, the US is hoping to import more agricultural products again than it exports. It has generated a record deficit this year, according to the US Department of Agriculture. The US has brought in more food than it has been shipped each year since 2023. This is a tough turn for a country that once used abundant food as a tool for three-dimensional representation.
Japanese market
Investors can look after the confusion over US policy changes and ask Buffett for direction. Berkshire Hathaway plans to increase its holdings of Japan's trade housing, which draws much of its profits from overseas production of fossil fuels and metals, but has diversified for decades. They maintain record profit outlook for this fiscal year despite the strengthening of the yen, with some expanding exposure to products.
copper
Copper is emerging as a hot topic after Trump targets red metal as the next tariff target as mining companies gather in Toronto for one of the largest conferences in the industry. Potential taxation has created opportunities for profit as the gap between US prices and other parts of the world widened. US copper prices traded at a premium of up to $1,300 per tonne in February, compared to the cost of shipping metals to the US at $300, less than a tonne. Some traders ship copper from far from Asia.
