18 Jan 2021 | 13:15 UTC — London
Infographic: A new supercycle? Why commodities prices are surging in 2021
From LNG in Asia to scrap metal in Turkey and Brent crude, commodity prices assessed by S&P Global Platts have surged to new highs.
The rally has triggered speculation of a new supercycle in commodities driven by stimulus spending and a weaker US dollar. "A key factor is growth being observed in the East led by China where we see demand above 2020 levels," said Chris Midgley, head of Platts Analytics.
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