Our Scans · (FS.5.03) Commodity Markets · Weekly Summary

• [New] Growth in mining and quarrying will depend on developments in global commodity prices and the opening of new mining sites. Asian Development Bank
• [New] In the past year, numerous commodity markets faced major disruptions due to factors like the Russia-Ukraine war, rising US and European interest rates and volatile economies. Spend Matters
• [New] Advanced economies are forecast to witness weaker inflationary pressures in 2024 thanks to the softer price growth of services and weaker inflationary pressures on the commodities supply side. Euromonitor
• Risks: - Slower global growth, higher commodity prices, and geopolitical turbulence may impact growth and stability. Bankopedia
• Global factors such as slower growth, higher commodity prices, and geopolitical tensions pose risks. Bankopedia
• Upside risks remain, including regional geopolitical tensions, volatility in international commodity markets, and global financial conditions. Dailynewsegypt
• Worsening global fragmentation will impact global growth via trade, investment, commodity prices and productivity channels. Euromonitor
• The price of global cereal commodities actually drove up the Food Price Index in December as disruptions to Black Sea grain transport occurred. Statista Daily Data
• Some commodity importing economies could see external liquidity strains ease, benefiting credit profiles, with lower commodity prices more than offsetting the effect of weaker Chinese demand. BusinessToday
• The Russian invasion of Ukraine constituted another negative shock to the global economy by pushing up commodity prices further, hurting global risk sentiment, and exacerbating supply bottlenecks. Board of Governors of the Federal Reserve System
• Asian countries are particularly vulnerable to commodity price volatility, especially in hydrocarbons, and disruptions to trade routes in the Middle East. India Briefing News
• With the price of maritime transport up 163% globally, Israel could be affected through higher import costs or by supply chain disruptions and a rise in commodity and energy prices. The Times of Israel
• Geopolitical developments continue to pose risks to commodity markets and global trade. AmericaEconomia
• Geopolitical Tensions: A host of global tensions continue to roil commodity markets, the result of which are the counterforces of supply chain disruptions and reduced risk appetite for commodities. Fitch Solutions
• Russia's ongoing war on Ukraine and the widening of the conflict in the Middle East could contribute to higher commodity prices and disrupt global trade, in turn pushing up goods inflation in the U.S. Board of Governors of the Federal Reserve System
• ISG is keeping an eye on geopolitical developments and the risk they hold for global commodity prices and transportation costs. Marcus by Goldman Sachs
• Other factors include the disruption of the global supply of grain commodities caused by the war in Ukraine. Wealth of Geeks
• If Washington fails to fund its mammoth deficit, prices of all commodities could skyrocket or even reach hyperinflation triggering a crash of the U.S. economy. MR Online
• Because Australia and Canada export large amounts of commodities, they will sometimes run surpluses when the prices of the commodities they export are especially high, but they generally run deficits. Carnegie Endowment for International Peace
• Rising geopolitical tensions - which could disrupt trade and investment flows - could push up food and commodity prices and delay the much-needed easing of monetary conditions worldwide. allAfrica.com
• Global commodity prices in the December half had been softer than expected, though demand in China was healthy despite weakness in housing, while India remained a bright spot. Forbes
• Supported by a boom in the economies of East Africa, rising consumption, commodity exports, and foreign direct investment are anticipated to propel Africa's economic growth. BizWatchNigeria.Ng

Last updated: 16 April 2024