The Commodities Outlook panel looked at expectations for 2021 and beyond for individual sectors. The panel kicks off with a discussion on the current record-high prices for commodities and what is influencing this trend. Panellists discuss how money flows, strong Chinese demand, and a positive European and North American economic background is helping to drive current prices.
Looking at the lasting impacts from the pandemic, panellists highlight the constraints around supply and the drive to control one’s own supply chain as a key issue.
Panellists go on to discuss how close we are to reaching the next supercycle – and where they expect commodities to move from where we are now. Looking at individual commodities, the discussion goes on to look at copper, nickel, precious metals, and more. The impact of high container shipping prices comes into the discussion as to whether this poses a threat to the overall recovery.
Moving on from this, panellists round out the discussion with a look at renewables, ESG, and the commodities benefiting from these major industry themes. They answer whether they think the current rally is caused by the energy transition, how companies are looking to decarbonize their operations, and the impact that the global energy transition will have on the demand for metals.
- Jason Chang, CEO and Managing Director, EMR Capital
- Clyde Russell, Asia Commodities & Energy Columnist, Thomson Reuters
- Luke Smith, Portfolio Manager, Global Resources, Ausbil Investment Management