India Economics Weekly Coal India strike raises risk of power outages Next week's three-day strike by workers at Coal India in dispute over wages raises the risk of power outages across the country, given that coal stocks are already at their lowest level this year... 29th September 2023 · 5 mins read
Commodities Outlook Looser monetary policy to support prices in 2024 We expect most commodity prices to struggle over the rest of this year as developed economies flirt with recession, the US dollar remains strong and investor risk appetite moderates. That said, we... 26th September 2023 · 28 mins read
Commodities Overview Chart Pack Commodities Overview Chart Pack (Sep. 2023) Prices will remain buffeted by weak global economic growth and a strong dollar, at a time of mounting supply risks and some policy stimulus in China. These conflicting pressures suggest that prices... 8th September 2023 · 1 min read
Commodities Update China’s surge in commodity imports likely to moderate China’s commodity import volumes rose strongly in August compared to July. Crude oil imports were probably supported by the ongoing recovery in the aviation sector, which we expect to continue in... 7th September 2023 · 2 mins read
Energy Chart Pack Energy Chart Pack (Sep. 2023) Our Energy Chart Pack has been updated with the latest data and our analysis of recent developments. Energy prices will remain historically high over the remainder of this year. OPEC+ output cuts... 6th September 2023 · 1 min read
Energy Update China’s demand for oil and natural gas will stay alight China’s energy demand has been a bright spot in the gloom of an ailing property sector and disappointing economic growth. We think China’s crude oil and natural gas demand will rise further next year... 30th August 2023 · 3 mins 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
Commodities Update China’s commodity imports falter but won’t collapse China’s commodity import volumes fell in July compared to June. Policy support should help lift metals imports over the next few months. And although crude oil imports fell sharply, we think that... 8th August 2023 · 2 mins read
Commodities Weekly Wrap US crude exports rise; China’s demand to drive prices There wasn’t a consistent direction to commodity prices this week. Natural gas prices in Europe and Asia rose, indicating stronger competition for LNG cargos. Meanwhile, most industrial metals prices... 30th June 2023 · 4 mins read
Commodities Outlook Energy prices to buck the downbeat trend We expect most commodity prices to struggle this year against a backdrop of a stronger dollar and deteriorating investor risk appetite. Energy-related commodities will be the exception. We expect... 29th June 2023 · 31 mins read
Commodities Weekly Wrap US data the key driver of prices next week Dealmaking was a major driver of commodity prices this week. The 11th hour extension of the Black Sea Grain Initiative alleviated fears of Ukraine’s grain exports being cut off from world markets... 19th May 2023 · 6 mins read
Energy Update Clean tech race to hit EU coal and gas demand The EU’s Net-Zero Industry Act announced last week aims to keep the manufacture of clean technologies within the EU and shows that global fracturing will take place within blocs as well as between... 24th March 2023 · 4 mins read
India Economics Weekly Coal shortages remain a key downside risk Efforts to improve the stability of coal supply have had some success over the past 18 months but shortages remain a key downside risk to the economic outlook. The upcoming summer months could be a... 10th March 2023 · 5 mins read
Commodities Outlook The global recession isn’t done with commodities yet Tight financial conditions and China’s biggest COVID outbreak yet mean global economic growth will slow further in the first quarter of next year, dragging most commodity prices lower. The slowdown... 16th December 2022 · 2 mins read
Commodities Update China re-opening optimism boosts commodity imports Rather surprisingly, commodity imports generally ticked up in November, despite the wider deterioration in China’s trade position. However, we think this reflects undue optimism about an imminent pick... 8th December 2022 · 2 mins read
Commodities Weekly Wrap We will know more about oil supply next week Commodity prices generally rose this week as Fed Chair Jerome Powell’s comments that smaller interest rate rises were likely led to a depreciation in the US dollar. Prices were also supported by news... 2nd December 2022 · 6 mins read
