As the 2000s rolled in and 2001 brought a recession, a decline in global tissue demand, increased competition, and
excess supply. Together, these trends led to reduced operating rates.
Around 550 million liters of quality wine in France and table wine in Spain are earmarked as unwanted surplus and would be subject to "crisis distillation", the usual method for disposing of
excess supply, European Commission officials said.
The reason I'm interested in the transformation of actions and the simultaneity of production and deproduction is because I think that the appearance in Western societies in the twentieth century of both an
excess supply of the goods that fulfill basic human needs and mankind's endangering of the specific disposition of "nature" in which human life seems possible renders the hegemony of the dominant mode of production questionable.
UNITED KINGDOM -- Arabica coffee prices, which surged 60% last year, should continue to rise, while prices of lower-quality Robusta beans will remain damped due to
excess supply, predicts the International Coffee Organization (ICO), reports the Financial Express.
In any business,
excess supply and low demand means one thing - cut prices.
He added: "With the
excess supply of unsold properties increasing, further house price falls are inevitable over the coming months."
He thinks the supply-demand situation in oil is near balance, after
excess supply conditions back in 2014-2016, but prices have declined due to demand worries.
Local flat steel producers' have been suffering from slow demand due to macro headwinds and
excess supply after expansion of existing manufacturers (i.e., ISL 450K CRC and ASL 250K HDGC).
Kenya's foreign reserves which hit a high of $10.06 billion (Sh1.06 trillion) the week ending May 30, have been dropping for the past five weeks as the country fight to stabilise the shilling due to
excess supply of local currency in the market.
Earlier, the Department of Agriculture said the Philippines has an
excess supply of 2 million kilograms of mangoes.
The department has advised fruit growers to alert it once they expect a bumper harvest to give the agency enough time to prepare measures that could absorb any
excess supply.
To prevent
excess supply and market support, the Organization of the Petroleum Exporting Countries (OPEC) has been holding back supplies since the beginning of the year to support the market.
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