The end of 2013 marked another year of dismal returns for commodity investors. The prospects for supply have been the key driver of most commodity prices, especially for agriculturals. The main exception is precious metals, where sentiment has been undermined by Fed tapering and a reduction in safe haven demand. Notable developments in December included a sharp weather-related rise in US natural gas prices and another jump in the price of steel.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services