Thanks to the fall of world prices for steel, white tin, copper and chrome in 2014, world prices for main food products will decrease. This is stated in a special study of the UN.
The ongoing fall in the cost of raw materials will entail a reduction in the cost of the production of palm oil, fruits, vegetables and meat. In addition, containers and packaging costs will be reduced.
Thus, most consumer goods and food will become cheaper in the coming year after falling prices for agricultural crops and raw materials in world markets.
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Metallurgy news
- 31 December 2025
14:00 TUIK: In January-November 2025, the value of steel exports from Turkey increased by 5.5 percent 14:00 ADMIB: High demand from the EU supported Turkish steel exporters in November 13:00 Indian company SSWL invests $47 million to expand steel wheel plant in Gujarat 13:00 Exports of tool steel from the United States in August 2025 increased by 8.5% compared to July 12:00 China's Ministry of Finance reduces the VAT rate for real estate transactions in an attempt to support real estate in 2026 12:00 TUIK: The cost of steel imports to Turkey decreased by 5.1 percent in January-October 2025 11:00 US trade bar exports fell 16.3 percent in August 2025 compared to July 11:00 India: Odisha puts 35 mineral blocks up for auction next year
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