Commodity prices have been gradually cooling since the beginning of June, signaling a reversal after the strong increases seen over the past two years. According to Agriseco’s assessment, there will be three main groups of beneficiaries from this reversal: plastics, cement, and cattle.
Commodity prices have continually increased in the first quarter of the year. Normally, after the Tet holiday early in the year, purchasing power is weak and businesses cut prices to stimulate demand, but this year prices are increasing due to rising gasoline prices. Businesses are trying to reduce profits and intermediary stages to stabilize sale prices.
