The recent upturn in most commodity prices appears at odds with the negative trend in global manufacturing. Of course, supply factors could explain the divergence, and probably do in the case of oil. However, we think supply fears could prove unfounded if demand remains subdued.
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