At their core, Freeport - McMoRan Inc. (NYSE: FCX) and Alcoa Corp (NYSE: AA) are
reliant on commodity prices to support their top and bottom lines.
Not exact matches
But no sooner had China's industrial base started to show some positive effects from the pickup in global
commodity prices — which has allowed its factories to push through some
price increases after many years of producer
price deflation — than several of the industrial materials most
reliant on Chinese demand started to come under pressure during April.
Oil
prices have recently stabilized, helping to boost
commodity prices to their highest levels since December 2015, along with prospects for countries
reliant on commodity exports.
Energy companies that I consider coin flips are often
reliant on near - term
commodity prices for survival.
Property
prices in other cities are significantly lower
on average, but because Canada is
reliant on imports for much of its produce, the
price of basic
commodities can stack up too.