Metals Focus Steel prices unlikely to forge ahead Absent major fiscal stimulus in China, global steel demand growth will be weak in the next few months. Accordingly, we forecast price declines in major steel markets towards year-end. Only when... 29th August 2023 · 11 mins read
Event Drop-In: The natural gas market in the European winter 6th September 2023, 3:00PM BST A mild winter 2022/23 helped Europe dodge a bullet of high gas prices. Will the economy’s luck run out this winter, driving up demand and prices, or have the ripple effects of Russia's invasion of...
Event Drop-In: China’s troubled outlook – How great is recession and financial risk? 17th August 2023, 1:30PM BST Property developers on the brink. A slip into deflation. Activity at a standstill. Markets are growing nervous as bad news piles up around the Chinese outlook, but how grim is the economic situation…
Commodities Chart Pack Commodities Overview Chart Pack (Aug. 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 9th August 2023 · 1 min read
Energy Chart Pack Energy Chart Pack (Aug. 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 9th August 2023 · 1 min read
Caroline Bain discusses commodities prices on BBC Radio's Today programme Caroline Bain appeared on BBC Radio’s Today programme (from 2:44:45) to discuss global wheat and oil prices in light of the collapse of the Black Sea grain deal and attacks on Russian shipping. 8th August 2023 · BBC Radio 4
Metals Chart Pack Metals Chart Pack (Aug. 2023) We expect targeted stimulus in China to put a floor under base metals prices in the remainder of 2023. But the slowdown in developed economies (DMs) will prevent significant gains. Prices should start... 8th August 2023 · 1 min read
Commodities Focus Lower agriculturals supply will mean higher prices for longer The outlook for global agricultural supply has deteriorated since the start of the year as a result of extreme weather, the end of the Black Sea Grain Initiative, the prospect of an El Niño weather... 4th August 2023 · 13 mins read
Commodities Weekly China stimulus may not be all that the market hopes Most commodity prices rose this week on hopes of Chinese fiscal stimulus and a “soft landing” in developed markets. That said, a stronger US dollar later in the week meant that the prices of precious... 28th July 2023 · 5 mins read
Green Transition Chart Pack Green Transition Chart Pack This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 20th July 2023 · 1 min read
Industrial Metals Update El Niño likely to add to supply woes The widely-differing impact of El Niño across continents means that the net effect on global mining output is not clear cut. On balance, though, the likelihood is that it will lead to lower ore output... 18th July 2023 · 3 mins read
Higher food prices and more hunger: Collapse of Black Sea grain deal poses a massive threat Richer nations are less exposed to the fallout than some countries in the Middle East and Africa, Caroline Bain, chief commodities economist at Capital Economics, told CNN. “A renewed rise in... 18th July 2023 · CNN
Commodities Weekly A last-minute Black Sea grains deal is not guaranteed For the most part, commodity prices rose this week. A weaker US dollar in the wake of a lower-than-expected June CPI reading in the US was a key factor boosting prices. Not surprisingly, the prices of... 14th July 2023 · 5 mins read
Energy Update Asia LNG price premium to TTF to persist The spot price of Asia LNG should trade at a premium to Europe’s TTF natural gas benchmark at end-2023 given stronger demand growth in Asia and the fact that LNG is more costly to produce. 12th July 2023 · 5 mins read
