FlowBank

1259 days ago

COVID-19 pandemic has led to severe disruption of mining activities across a large number of countries

Something to keep in mind when assessing the demand/supply situation for global commodities. Could there be some consequences on the global inflation outlook as well? source: GlobalData

#Commodities
Percentage of global production on hold by commodity (mid-2020)

1259 days ago

The CRB Raw Industrials index is surging. A new super-cycle in the making?

CRB Rind Index is showing demand for raw industrial materials - source: Bloomberg, The Market Ear 

#Commodities
CRB Rind Index

1260 days ago

Goldman believes that we are moving towards a structural bull market in commodities. Now forecast a 12-month return of +28%, their most bullish assumption for any asset class.

Goldman now forecasting a 12-month return of 28% for commodities - most bullish assumption for any asset class out there. "Nearly all commodity markets are in, or moving toward, a deficit with inventories drawing. Given that inventories are drawing this early in the cycle, we see a structural bull market for commodities emerging in 2021.In our view, the bull market is driven by three major themes: 1) structural under-investment in the old economy; 2) Policy driven demand; 3) macro tailwinds from a weakening dollar and rising inflation risks

#Commodities
Goldman Sachs is bullish on Commodities

1262 days ago

Gold chart is at a critical juncture

Source: The Market Ear 

#Commodities
Gold Technical chart

1267 days ago

Natural gas prices have rallied by almost 80% from their 25 year lows in June this year, backed by strong demand

Source: @leadlagreport 

#Commodities
Natural Gas prices
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