PanXchange Hemp Market Report April 2021


Using methods that are both creative while remaining scientific and methodical, PanXchange has managed to find short-term variables that can be pared down into useful numbers. Information from retail estimates and other sources lean towards a slight increase in that projected demand. Factor in more efficient production and better yields; that increase seems minimal compared to the near doubling of the retail estimate to 3.5 billion.

Hot Commodities: Oil, CowCredits, and America’s Hottest Commodity

This edition discusses how the Paris Agreement will affect oil prices; meanwhile, oil gains are capped by pandemic surges. As well, after $130 billion in storm damages, the Fed urges Texans to ‘winterize’ the grid. Carbon markets have a new partner in crime — cows with a quest to curb planet-warming burps. America’s hottest commodity award goes to lumber, thanks to the pandemic and increased DIY projects. Finally, in September, Procter & Gamble announced they would raise prices.[/vc_column_text][vc_empty_space height="45px"][title-section title="Paris Agreement Spells ‘Terminal Decline’ For Oil Prices"][/title-section][vc_column_text]The shift to electric vehicles, higher levels of plastic recycling, and the expansion of eco-friendly alternatives are expected to cut oil demand dramatically in the long term.

Hot Commodities: Food and Agriculture Commodities Update

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Africa Newsletter 04-02-21

Traders are still facing challenges with importing maize into Kenya after the Agriculture Ministry confirmed that most have failed to conform with the new guidelines that include aflatoxin tests allowing maximum 10 parts per billion, registration of all traders and issuing details of the warehouse of where the grains were held.