Commodities outlook 2024

After three years of extreme volatility, commodities prices are set to broadly stabilise in 2024. However, adverse weather conditions, escalating geopolitical tensions and soaring shipping costs are among the risks to watch to commodity price forecasts.

EIU’s report provides businesses with foresight of the global trends and threats to watch throughout the year for 2024’s commodities market outlook.

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Topics included in this report:

Why prices for base metals will take a pause, despite decarbonisation investment

Icon of a globe behind a magnifying glass enclosed in a circle

How El Niño will continue to affect the soft commodities price outlook

The security of global commodity supply chains amid geopolitical tensions

Commodity forecasts for high energy prices amid still-tight markets

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