From biscuits to fuel, Ukraine war driving up prices of everything

The Ukraine crisis has led to a rally in commodity prices. Consumer goods companies, hit with high input costs, are now passing on the price rise to customers. Will there be more price rise in FMCG?

In tatters due to prolonged pandemic, the global supply chain was recovering when Russia struck Ukraine with all its might.

Last week, the 145-year-old London Metal Exchange was forced to suspend nickel trading and cancel trades after prices doubled overnight to $100,000 a tonne amid a market panic triggered by Russia’s actions. The exchange described the current events as unprecedented.

Russia accounts for 10% of global nickel supply, 6% of the…read more

--

--

--

Im a blogger

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

FALSE: The Ethiopian army is not using these vehicle-launched assault bridges in the conflict with…

FALSE: This image doesn’t show a June 2022 bus accident in Ethiopia

Pakistani Nationalism and A Resurgent Pakistan in the 21st Century

Gambian government says it will prosecute exiled ex-ruler Jammeh

Gambian government says it will prosecute exiled ex-ruler Jammeh

Eggs roll nutrition into the diets of nearly 10,000 Mozambicans

HOAX: This post advertising free vehicles from Kenya’s First Lady is fake

Truth Prevails: India’s Lies Exposed

That Time I Was Asked To Join A Violent Gang

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Priya Shah

Priya Shah

Im a blogger

More from Medium

When the People of Ukraine (Allegedly) Told a World Power to F*ck Off in the Most Brilliant Way

WW3? Let’s Take an Idea of World War 1 first…

some soliders running

Put in Bus

GA COVID-19 Report January 13, 2022