Commodity markets may start a supercycle, although nothing is for granted. Of course the prices will increase the coming years. The term supercycles is used for very large price fluctuations and have arisen from consumption and not from production while they are defined by low frequency and long duration. Huge increases in consumption distinguish perennial supercycles. A new supercycle could be caused by India’s industrialization, energy transition and government spending.
You can read more here: https://www.reuters.com/article/us-global-commodities-kemp-column/column-commodity-prices-supercycle-or-regular-upturn-kemp-idUSKBN2AG261
Related Posts
The history of classical antiquity is to a large extent a maritime history. From the Late Bronze Age to Late Antiquity, it was in many ways strongly influenced by the Mediterranean Sea, its conditions and opportunities. The mare mediterraneum was an essential factor for the emergence and development of numerous coastal...
We are proud to announce our support to talented athlete of Tae Kwon Do ITF., ELENA MAROULI . As she is only 19 years old she has gained many successes in her participations of Panhellenic Championships and International Events . We wish her all the luck for her entry into...
Optima International Shipbroking Services S.A. after many successful years in the International markets of Dry Cargo Chartering has achieved to provide a long-lasting, first class service to its clients and have built a strong relationship with them. After becoming one of the biggest Shipbroking Companies worldwide and working many years with...