The global commodity rally is far from over

On May 6, according to dow Jones news, one of the world’s largest commodities traders trafigura group’s chief economist, Saad Rahim rich financial group in the United States to host a conference call, commodity price increases, there is a lot more space, because we are still in the early of bullish period, some of the key factors of demand has not yet play a role.

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‘The key fundamentals driving the tightening will be strong demand growth, particularly outside Asia’s largest countries, and severe supply constraints, meaning there is a lot of upside potential for commodity prices over the next one to three years,’ said Fraser Financial Group.

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“Rahim explained why, arguably, there is a greater risk of shortages at the moment, due to extended lead times for new projects, lack of investment to increase supply, and a very positive demand outlook,” the bank said.

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