📢We have something exciting to look forward to in the New Year!
Our panel full of experts will come together in January 2024 from across the commodity world to answer the key question:
‘Does AI enhance human analysis in the commodity world?’
Today on Digital Frontier:
@alys_key examines the smart tools that help commodities buyers and traders do their jobs, featuring Vesper and @chaipredict
https://t.co/I2cUV7o6SW
Interesting observation, although also worth noting that the Baltic Dry Index has actually slightly decreased this week so not all freight types are being equally affected by the Red Sea situation.
Oh boy.
Global freight rate for containers just surged 61% this week.
Not the time to celebrate the end of inflation.
A second wave is likely underway.
H/t @dailychartbook
Day ahead #power prices across (Northern) Europe spikes on a combination of falling temperatures and calm weather reducing output from renewables, thereby raising demand for more expensive #natgas and coal
Brent Crude prices rose 3% on Wednesday due to heightened geopolitical risks in the Red Sea. This shift indicates a tilt away from weak macroeconomic demand as the main market driver. Read more: https://t.co/Bz4UseM0g7
Come along to our virtual event to discuss the implications AI has on human analysis and decision making. If you have any questions, don’t hesitate to reach out to us!
Register today via this link: https://t.co/c1cN4SSQws
See you there!
📢We have something exciting to look forward to in the New Year!
Our panel full of experts will come together in January 2024 from across the commodity world to answer the key question:
‘Does AI enhance human analysis in the commodity world?’
Edward Fuchs @fuchsed, Can Yentur @yentur, James Chivall @ButtonChivall, Stephen Butler and @TristanFletcher will provide valuable insights with four key themes:
- Trust
- Market evolution through technology
- How AI impacts business strategy
- What if everyone uses AI?
Given the prevalence of sugar, and its role in driving wider food cost inflation, it is worth examining some of the key reasons behind its recent rise. Read more here: https://t.co/ZRT9LVfH53
Over the Easter bank holiday weekend, many consumers will have noticed the higher cost of Easter eggs compared to previous years. A key ingredient for the Easter sweet treats has surged in price recently; sugar.
We're delighted to announce that ChAI has been shortlisted for the Procurement Technology Provider Award in the World Procurement Awards 2023, organised by @ProcurementLDRS. We'd also like to congratulate to the other impressive companies which have also been shortlisted.
Can You Predict Commodity Prices More Accurately than AI?
ChAI provides price forecasts across a range of commodities and time horizons, and we want to offer an opportunity for people to test our their predictive ability against AI - and their fellow market participants
To get involved, fill out the form below within the next week with your price predictions for Brent, Copper and Sugar. We'll publish results each month and announce those who correctly predicted the price range for all 3 commodities. Find the quiz here: https://t.co/J3kFCNdwAb
Can You Predict Commodity Prices More Accurately than AI?
ChAI provides price forecasts across a range of commodities and time horizons, and we want to offer an opportunity for people to test our their predictive ability against AI - and their fellow market participants
Topics covered include: what is with Generative AI, what are the behind the scenes factors driving change, how are fintechs being invested and indeed how is investment in Fintech being affected by AI?
Visit the link below to listen to the full conversation.
Last week our CEO Tristan Fletcher joined Mike Baliman on the @LondonFintech for discussion around an AI/ML and what has changed since 2019 in these fields...
In this week’s article, we look at how this situation has developed up to this point, and what might be next for nickel. Read here: https://t.co/sKDmhwW6JM
Nickel has consistently made the headlines in commodities news over the past year, and this looks set to continue. This morning, news broke that the CME Group is planning to launch a nickel contract to rival that of the LME...
The image below shows ChAI’s price forecast for LME Steel Rebar prices, made over 2 months ago on December 16th. To understand more about ChAI’s forecasts, and the data that drives them, get in touch via our website.
Steel prices have been on an uptrend so far in 2023. While many other metals have lost the momentum of price gains made in the opening weeks of the year, steel prices have continued to edge upwards. Indeed, this week the global CEO and MD of Tata Steel was quoted...
saying the volatility in steel prices of the last year is “new normal” and companies must find ways to adapt to it. Read more on that story here: https://t.co/UUDvmqg0Rp
Companies are able to understand their future exposure and plan how to mitigate it with ChAI...