{"id":25991,"date":"2017-06-05T10:04:50","date_gmt":"2017-06-05T10:04:50","guid":{"rendered":"http:\/\/fdcng.com\/?p=25991"},"modified":"2017-06-05T10:04:50","modified_gmt":"2017-06-05T10:04:50","slug":"fdc-commodity-update-june-01-2017","status":"publish","type":"post","link":"https:\/\/fdcng.com\/fdc-commodity-update-june-01-2017\/","title":{"rendered":"FDC COMMODITY UPDATE – JUNE 01, 2017"},"content":{"rendered":"

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Download PDF<\/a><\/div> [\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]The PMI for the month of May shrank by 8.3% to 54. Whilst it confirms that the economy is still expanding, the slowdown indicates that the forex supply euphoria may be reaching an anticlimax.<\/p>\n

The carrying cost of huge inventory in a high interest environment is beginning to choke manufacturers. Therefore the new strategy is to be Naira long and inventory short.<\/p>\n

The attached bulletin addresses price movements in the domestic and global commodities market.<\/p>\n

Enjoy your read![\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

[vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]The PMI for the month of May shrank by 8.3% to 54. Whilst it confirms that the economy is still…<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[18,110],"tags":[],"_links":{"self":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25991"}],"collection":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/comments?post=25991"}],"version-history":[{"count":1,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25991\/revisions"}],"predecessor-version":[{"id":25992,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25991\/revisions\/25992"}],"wp:attachment":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/media?parent=25991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/categories?post=25991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/tags?post=25991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}