Global commodities experience a two-year largest rally due to supply constraints, surging demand, and speculative activity.

Global commodities experience the largest rally in two years, driven by supply constraints, surging demand, and speculative activity. Key charts to watch include agricultural commodities, energy markets, and raw materials like cocoa, copper, and zinc. The US barbecue season may affect beef and pork demand, while OPEC+ plans to review oil output curbs on June 2, coinciding with the Atlantic hurricane season.

May 26, 2024
3 Articles