Commodity markets are in a 'super squeeze' — and higher prices could be here to stay
Publishing timestamp: 2024-01-25 23:31:08
Summary
The article discusses the concept of a "super squeeze" in commodity markets, where higher prices are driven by supply constraints rather than robust demand. It mentions geopolitical risks, climate change, and lack of investment as factors contributing to the squeeze. The article also highlights the increasing demand for energy transition metals and the potential shortage of these metals in the future. It concludes by mentioning the volatility of commodity markets and the potential impact of a global economic downturn.
Sentiment: MIXED
Tickers: HSBA-GB,
Keywords: business news, hsbc holdings plc, commodity markets, ukraine, agriculture, gaza, breaking news: economy, china, economy, environment, energy,