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What is a hot commodity right now?
Posted: Thu Aug 14, 2025 8:11 pm
by Festus
There are times when a hot commodity takes on a different meaning as dictated by market trends, but lithium has been very much in demand in recent years due to its prime role in electric vehicle batteries, making it important in the energy and technology sectors.
Re: What is a hot commodity right now?
Posted: Wed Aug 20, 2025 5:01 am
by Bola
Festus wrote: Thu Aug 14, 2025 8:11 pm
There are times when a hot commodity takes on a different meaning as dictated by market trends, but lithium has been very much in demand in recent years due to its prime role in electric vehicle batteries, making it important in the energy and technology sectors.
The other hot commodity is copper and this is because of its uses in renewable energy and construction.
Re: What is a hot commodity right now?
Posted: Wed Aug 20, 2025 5:03 am
by MarketMavin
Bola wrote: Wed Aug 20, 2025 5:01 am
Festus wrote: Thu Aug 14, 2025 8:11 pm
There are times when a hot commodity takes on a different meaning as dictated by market trends, but lithium has been very much in demand in recent years due to its prime role in electric vehicle batteries, making it important in the energy and technology sectors.
The other hot commodity is copper and this is because of its uses in renewable energy and construction.
The demand for lithium are increasing in tech right now. It's used for electric vehicles which are kind of hot right now.