Almost all commodity prices saw sharp declines during the past three months as the COVID-19 pandemic worsened. Mitigation measures have significantly reduced transport, causing an unprecedented decline in demand for oil, while weaker economic growth will further reduce overall commodity demand.
All commodity groupings except fertilizers and precious metals fell in February.
Mobile robots have gained huge prominence in manufacturing plants owing to its benefits such as safety of humans and demand for high efficiency. The advancements in technology have enabled manufacturers to develop robots suitable to their operational needs and carry out their implementation for their applications.
Researchers have invented a way to integrate 'breadboards' -- flat platforms widely used for electronics prototyping -- directly onto physical products. The aim is to provide a faster, easier way to test circuit functions and user interactions with products such as smart devices and flexible electronics.
Energy commodity prices reversed course in January, declining 3,1%. Non-energy prices extended their gains, up 1,1% in January.
Taking a thin film common in cell phone touchscreens, researchers have used liquid metal chemistry to shrink it from 3D to 2D. The ultra-thin and ultra-flexible electronic material could be printed and rolled out like newspaper, for the touchscreens of the future.
The use of robotics in manufacturing and industrial settings continues to advance, expand, and evolve at a rapid pace. According to one McKinsey study, the market for industrial robotics has increased by double digits each year since 2012, and will continue this growth at least through 2021.