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© Reuters. A mix harvests wheat in a subject close to the village of Suvorovskaya in Stavropol Area, Russia July 17, 2021. Image taken July 17, 2021. REUTERS/Eduard Korniyenko
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LONDON (Reuters) – Costs of uncooked supplies akin to oil, wheat, aluminium and nickel have soared to multi-year highs since Russia invaded Ukraine on Feb. 24 and Western sanctions disrupt air and sea shipments of commodities produced and exported by Russia.
See for a Factbox on Russia manufacturing and exports of key uncooked supplies.
Following are particulars of worth beneficial properties for the reason that shut on Feb. 23.
ENERGY
hit $119.84 a barrel on Thursday, a acquire of practically 24% since Feb. 23 and the best since Might 2012 and West Texas Intermediate rose to $116.57 a barrel on Thursday, up greater than 26% and the best since September 2008.
Dutch fuel costs hit a file 208 euros a tonne on Friday, up from 84.25 euros a tonne on the shut on Feb. 23, whereas British fuel touched an all-time excessive of 490 pence a therm on Friday, up from 200 pence a therm.
Newcastle coal jumped to a file $440 a tonne on Thursday, climbing 85% for the reason that Feb. 23 shut.
GRAINS
Wheat costs touched a 14-year peak of $12.09 a bushel on Friday, a acquire of practically 37% since Feb. 23, corn reached $7.82-3/4 a bushel on Friday, the best since Sept 2012 and an increase of 15% since Feb. 23.
METALS
Aluminium costs hit a file $3,867 a tonne on Friday, a 17% rise since Feb. 23, nickel touched a close to 14-year peak of $30,295 a tonne, climbing 24% since Feb. 23.
reached $10,694 a tonne, near the file excessive of $10,747.50 seen in Might 2021.
Palladium rose to 10-month excessive at $2,970.5 an oz for a 20% acquire since Feb. 23.
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