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Infographic: A new supercycle? Why commodities prices are surging in 2021

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Infographic: A new supercycle? Why commodities prices are surging in 2021

  • Author
  • Paul Hickin    Robert Perkins    Diana Kinch    Henry Edwardes-Evans    Charlotte James
  • Commodity
  • Agriculture Energy Electric Power LNG Natural Gas Oil Metals Shipping
  • Topic
  • Infographics

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.

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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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Infographic: A new supercycle? Why commodities prices are surging in 2021