Commodities Chart Pack Oil rises, despite trade woes Commodity prices drifted down in March, despite a relatively stable US dollar. However, given the slump in developed market equities, commodity prices held up relatively well. This was largely due to... 3rd April 2018 · 1 min read
Commodities Watch Taking stock of the first quarter In this Commodities Watch, we review developments in the first quarter of this year and draw conclusions about what they mean for our price forecasts. 29th March 2018 · 1 min read
India Economics Update Prospects for the rural economy are bright After taking a significant hit in the aftermath of demonetisation in late 2016, India’s rural economy has regained momentum in recent months. Future prospects for the rural economy look bright, in... 28th March 2018 · 1 min read
Commodities Weekly All quiet on the commodities front There were few large moves in commodity prices this week. China’s activity data for the first two months of the year, published on Wednesday, were reasonably strong but failed to give a material lift... 16th March 2018 · 1 min read
Commodities Weekly Trump’s tariffs become reality The big news this week was confirmation of President Trump’s tariffs on US steel and aluminium imports on national security grounds. This sent US steel prices even higher, but weighed on prices in... 9th March 2018 · 1 min read
Commodities Chart Pack Agriculturals bucked the trend Commodity prices fell sharply in the wake of the sell-off in global equity markets in late-January, but have recovered much of the lost ground. The key sub-sectors of the S&P GSCI are now close to... 1st March 2018 · 1 min read
Commodities Outlook Is the party over? Commodity prices started 2018 on a high, bolstered by optimism about global growth prospects and the ongoing depreciation of the US dollar. However, we think there are now clear signs that growth in... 9th February 2018 · 1 min read
Commodities Watch Are biofuels doomed? Biofuels have become an important source of demand for many agriculturals over the past decade. In this Commodities Watch, we argue that concerns about the environment and the diversion of food... 2nd February 2018 · 1 min read
Commodities Chart Pack Dollar weakness bolsters commodities Commodity prices trended higher in January, with all the major sub-sectors of the S&P GSCI recording gains. Energy led the way, rising by 4.5% m/m. Dollar weakness was the main driver of the rally in... 1st February 2018 · 1 min read
Commodities Weekly Commodity price rally stalls The prices of many industrial commodities, including oil, fell this week despite the ongoing depreciation of the US dollar. The dollar was volatile, but ended the week lower. On Thursday, the... 19th January 2018 · 1 min read
Commodities Update Little to cheer about in the January WASDE The USDA’s latest set of estimates provide little reason to revive bullish sentiment in the grains and soybeans markets. Estimates of global corn, wheat and soybeans ending stocks for the 2017/18... 15th January 2018 · 1 min read
Commodities Weekly A cautious start to the year The prices of most commodities trended higher this week, supported by a weaker US dollar. Falling US stocks and heightened geopolitical risk pushed the oil price higher. In contrast, industrial metals... 5th January 2018 · 1 min read
Commodities Watch High stocks remain a problem for cotton After a strong start to the year, the price of cotton has drifted lower since. In this Commodities Watch, we will discuss the main drivers of the cotton market and how they will affect prices in 2018... 8th November 2017 · 1 min read
Commodities Chart Pack Commodities on a tear October was another strong month for the prices of industrial metals and oil as optimism about demand prevailed while prospects for supply deteriorated. We are more cautious, however. There are now... 1st November 2017 · 1 min read
Commodities Update Commodities defy stronger dollar Despite a stronger US dollar, the S&P GSCI commodity index trended higher. With the exception of agriculture, all the other sub-indices recorded gains. 18th October 2017 · 1 min read
Commodities Weekly All eyes on China The more industrial commodities have had a good week, which was vindicated to some extent on Friday by data showing a surge in China’s commodity imports in September. Meanwhile, the minutes from the... 13th October 2017 · 1 min read
