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

• [New] Exxon aims to be well-positioned to capitalize on a potential rebound in commodity prices, which analysts suggest could occur as early as 2026. Energy Reporters
• [New] Disinflationary forces like tighter credit, falling commodity prices, or global growth slowdowns could reduce inflation risk premiums embedded in gold. investing.com
• [New] Industrial commodity prices in annual terms will be lower in 2026 than any year since 2020, although the decline from 2025 levels is minor. Seeking Alpha
• [New] Amid global currency fluctuations and rising geopolitical risks, gold's status as both a financial asset and a commodity remains unshakable. chinadailyhk
• [New] 5-year breakeven inflation expectations at 2.74% remain stubbornly above the Fed's 2% target, creating a paradox where falling energy prices fail to anchor inflation expectations - potentially reflecting tariff concerns or fiscal dominance fears that transcend commodity price signals. Mariemont Capital
• [New] Successful mining diversification will fundamentally transform Botswana's economic structure, reducing vulnerability to single-commodity price shocks whilst creating multiple revenue streams that enhance overall economic stability and growth potential. Discovery Alert
• [New] Global commodity prices will dictate farmer profitability, making global demand-supply dynamics a key watch point. The Chronicle-Journal
• [New] Commodity price volatility represents the primary risk for Gold Fields and Harmony Gold, as gold price fluctuations directly impact revenue and profitability regardless of operational excellence. Value Sense Blog
• [New] Strategic imperative is clear: companies adopting AI Agents during 2025-2026 will establish significant efficiency, speed and capabilities advantages that will be difficult for competitors delaying until 2027-2028 to replicate when technology is mainstream but also commodity. Technova Partners
• Regulatory evolution and commodity price cycles will require agile management, a proactive approach to innovation, and diligent engagement with Zambia's ecological and social frameworks. Farmonaut
• Inflationary pressures continue to be low in the context of global slowdown and falling commodity prices (energy and food), but uncertainty prevails over the profile of US inflation, which is expected to be around 4% at the end of 2025 or the beginning of 2026. Coface
• Broader global economic indicators, particularly in major consuming nations like China, will dictate demand across all commodity classes, while inflation rates and central bank monetary policies will shape investor sentiment and commodity pricing. Mammoth Times
• While the World Bank projects a general decline in overall commodity prices for 2025 and 2026, specific commodities like natural gas may see price increases due to seasonal demand and tightening balances. Mammoth Times
• Any breakthroughs or escalations in U.S.-China trade talks will directly impact agricultural commodity flows and prices, influencing planting decisions for future seasons. Mammoth Times
• Silver's dual role as a monetary metal and a critical industrial commodity, particularly in the green energy transition (solar panels, electric vehicles), is creating structural supply deficits, with 2025 projected to be the fifth consecutive year of shortfall. The Chronicle-Journal
• In the short term, the sheer volume of anticipated harvests will likely lead to an abundant global supply, exerting downward pressure on international commodity prices, particularly for soybeans. The Chronicle-Journal
• High risk premia persist across commodity markets, sustaining the possibility of price shocks that could ripple through global supply chains. Ksapa - en
• Anticipated tariff measures, particularly from the U.S. administration, could significantly influence global trade flows and commodity prices, potentially exacerbating supply constraints and leading to higher premiums. The Daily Press
• The Caucasus and Central Asia are forecast to grow by 4.4%, helped by higher commodity prices and remittance inflows.
• Rail freight, a cornerstone of Australia's bulk commodity transport system, is projected to grow by 5.7%, reaching around 460 billion tonne-kilometres by 2050. Travel And Tour World
• Challenges Ahead Despite progress, several structural challenges persist in global commodity markets: Supply Chain Fragmentation: Geopolitical rivalries threaten trade connectivity. TradingView

Last updated: 04 November 2025