bad effects of Russia-Ukraine war on World

Edible oil prices skyrocketing

Vegetable oils and oilseeds prices are skyrocketing. This includes sunflower and soyabean oil. 

Palm oil in Malaysia has also hit all-time-high.

Brent crude oil prices

Raw materials have become costlier for synthetic textile manufactures due to a sharp increase in crude oil prices

Raw materials have become costlier for synthetic textile manufactures due to a sharp increase in crude oil prices.

Agri-commodities can be diverted for production of ethanol (sugar and corn) or bio-diesel 

Effect of war on fertilisers

The ongoing tension on the Black Sea due to the Russia-Ukraine war is impacting fertiliser prices as well.

With supplies chocked, more quantities will have to be procured from countries like Canada, Jordan and Israel.

International prices of other fertilisers like urea, di-ammonium phosphate, complexes have gone up in one month.

Effect on Stock Market

The market cap of BSE-listed companies dropped significantly by Rs 6.28 lakh crore as investor wealth declined

US House of Representatives Speaker Nancy Pelosi said the House was exploring legislation to further isolate Russia from the global economy.

Effect on commodity Market

Energy and commodity prices-including wheat and other grains-have surged due to the war.

Effect on global economy

due to war global Economy is haighly impacted

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