Overseas
January 7, 2022
CRU's Multi Commodity Outlook: Peak of the Price Cycle?
Written by CRU Americas
By CRU Research Analyst James Mills and Multi Commodity Analyst Alex Christopher, Jan. 6
The synchronized rise in commodity prices in 2021 prompted some market commentators to speculate the beginnings of a “supercycle.” At CRU, we are more cautious. In the past year, commodity prices have been more volatile than in the preceding years, with most commodities ending 2021 with higher prices than they started with, many significantly so. CRU expects 2022 will be a more moderate year for commodity prices. Lower price volatility and smaller price gains are expected for some commodities while for others, where we believe the price cycle has peaked, we expect to see prices decline.
