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Sugar prices spiked in the 1970s because of Soviet Union demand/hoarding and possible futures contracts market manipulation. The Soviet Union was the largest producer of sugar at the time. In 1974, Coca-Cola switched over to high-fructose corn syrup because of the elevated prices. [6] [7] [verification needed] Sugar prices 1962–2022
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The term "peak coal" is now used primarily to refer to a peak and subsequent decline in global and national coal consumption. In 2016 experts estimated that China, the world's largest coal consumer, reached peak coal in 2013, and that the world may have passed peak coal. [9] However, in 2017, for the first time in four years, demand for coal ...
Prices were at or near an all-time high in late 2010 due to people using the precious metals as a safe haven for their money as both the de facto value of cash and the stock market prices became more erratic in the late 2000s. The period from 1999 to 2001 marked the "Brown Bottom" after a 20-year secular bear market at $252.90 per troy ounce. [64]
Inner Mongolia and Shanxi told coal miners to lift combined annual production capacity by more than 160 million tonnes, while China's cabinet said market coal-fired power prices may now fluctuate ...
The prominence of coal power in Russia has been declining since 1990, although Russia has among the largest coal reserves in the world. [2] Russia is the fifth largest consumer of coal in the world and is the sixth largest producer of coal. [3] It is also the world's third largest coal exporter, vying with Australia and Indonesia for markets. [4]
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