The Year in Commodities

The video discusses the rise in raw materials, highlighting the Bloomberg Commodity Index. Tina Davis from Bloomberg explains that the rise is not solely due to oil but also industrial and precious metals, influenced by global events like China's economy, Brexit, and the Trump election. The discussion covers supply and demand dynamics, particularly in coal and iron ore, and the commodity cycle's impact on prices. The outlook for 2017 is positive, contingent on Chinese demand and the dollar's performance. The video also examines China's role as a major consumer and the recovery of companies like Glencore. Key risks include OPEC's actions, the dollar, and potential trade wars.

What were some of the global events that influenced the rise in industrial and precious metals in 2016?

• The US presidential election and Brexit

• The Paris Climate Agreement

• The FIFA World Cup

• The launch of a new iPhone

What was a significant factor in the price increase of metallurgical coal in 2016?

• A decrease in global demand

• A price of $300 per metric ton

• A surge in supply from new mines

• A new environmental regulation

What is a potential consequence of increased supply in the commodity market?

• A sustained price increase

• A decrease in market competition

• An increase in consumer demand

• A drop in prices

Which country's demand is crucial for the commodity market, as discussed in the video?

• Russia

• Brazil

• China

• India

Aside from Chinese demand, what is another major risk factor for the commodity market?

• The US stock market performance

• The price of gold

• OPEC's production decisions

• The stability of the Euro