In this week’s podcast, Ehsan Khoman, Head of Emerging Markets Research (EMEA), shares his highlights from this latest commodities research report, wherein he believes that despite the recent easing in commodity prices, the energy and food crises are not being resolved. That is, recessions driven by high prices are not long-term solutions to the permanent structural challenges facing commodities. Ehsan believes that the commodities supercycle is only in its first innings.
Why? The permanency of the dynamics surrounding deglobalisation, decarbonisation, the structural rise in demand induced by government policies around redistribution and the reduction in capital availability given structural underinvestments in commodity supply capacity over the years will resurface as soon as demand recovers once again. Click here for the full report. (PDF)
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