MIEC Project TB24 Group 2 by sree https://padlet.com/disconnected_sree/MIECpadletwall Chloe Lim Le Yi (04) Kathy Winn (10) Tan Ki Siong (15) Toh Chee Aun (19) Sree Lekha (20) en-us 2017-05-23 05:21:49 UTC 2024-06-01 12:29:05 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Growing.png Article (2) chloe_leyi https://padlet.com/disconnected_sree/MIECpadletwall/wish/176880099 2017-06-19 15:50:51 UTC https://padlet.com/disconnected_sree/MIECpadletwall/wish/176880099 Article (3) chloe_leyi https://padlet.com/disconnected_sree/MIECpadletwall/wish/176880147 2017-06-19 15:51:26 UTC https://padlet.com/disconnected_sree/MIECpadletwall/wish/176880147 Article (2) Analysis kathywinn07 https://padlet.com/disconnected_sree/MIECpadletwall/wish/177278111 There is an increase in demand due to expectations of consumers
Quoted by article "local investors seek to protect their wealth from currency risks, a slowing property market and volatile stocks, according to the Chinese Gold and Silver Exchange Society"

The supply of gold does not change as there are no reported factors that cause a change in the supply curve

This results in an increase in equilibrium price and increase in equilibrium qty]]> 2017-06-23 08:52:56 UTC https://padlet.com/disconnected_sree/MIECpadletwall/wish/177278111 Article (3) Analysis kathywinn07 https://padlet.com/disconnected_sree/MIECpadletwall/wish/177278980 There is a decrease in supply due to bad weather affecting coal exports. Australia's supply curve of coal will be shifted to the right while demand curve remains the same.
This will create a downward pressure on coal prices , lowering the prices to the new equilibrium price.]]> 2017-06-23 09:02:34 UTC https://padlet.com/disconnected_sree/MIECpadletwall/wish/177278980 Article (1) disconnected_sree https://padlet.com/disconnected_sree/MIECpadletwall/wish/177330209 2017-06-24 02:12:20 UTC https://padlet.com/disconnected_sree/MIECpadletwall/wish/177330209 Article (1) Analysis cheeaun2000 https://padlet.com/disconnected_sree/MIECpadletwall/wish/177330364 Libya, being oil-rich, has increased its supply of oil while "Motorists around the globe are not driving enough to shrink crude and gasoline inventories as quickly as expected" , saying that the demand curve of oil had shifted to  the left at a far lesser extent than the shift of the supply curve of oil to the left.

This then causes the equilibrium price to fall, creating a "downward pressure on prices", lowering the prices of oil around the world to the new equilibrium price.

]]> 2017-06-24 02:21:38 UTC https://padlet.com/disconnected_sree/MIECpadletwall/wish/177330364 Thank you for your Padlet submission. You articles are interesting and anlaysis indepth. You may want to mention that oil is a form of "Oligopoly", i.e. it is a cartel (OPEC) and has substantial control over price and output of world wide oil supply. Well, hope to receive your final report. lek2 https://padlet.com/disconnected_sree/MIECpadletwall/wish/177518737 2017-06-27 07:02:41 UTC https://padlet.com/disconnected_sree/MIECpadletwall/wish/177518737