# Commodity Trends and Egypt Equity – Dailynewsegypt

> Naeem Research reports Q2 2019 commodity price changes affecting Egyptian listed companies, with corn up 3% quarter-over-quarter, urea up 3%, and wheat down 3% on increased supplies. Crude oil averaged about $68 per barrel, up 7% quarter-over-quarter on geopolitical risks, and iron ore rose 20%.

- Date: 2019-07-14 · published 2019-07-14T12:00:00.000Z
- Category: market · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/58407-commodity-trends-and-egypt-equity-dailynewsegypt
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Quarterly averages show corn firming on demand and acreage concerns while wheat eased, a backdrop rather than a fresh shock for feed buyers.

## Read by commodity

- WTI: bullish ▲
- CORN: bullish ▲
- UREA: bullish ▲
- WHEAT: bearish ▼

## Sources

- dailynewsegypt.com: https://dailynewsegypt.com/2019/07/14/commodity-trends-and-egypt-equity/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.