India will emerge as the new growth bright-spot for commodities demand, driven by a robust expansion in the country's underlying economy. India will be a particularly important driver of energy demand over the next ten years, and we forecast especially large tonnage increases in the consumption of refined fuels and coal, albeit less than that seen in China over the past decade.
Below we recap the key global commodity price themes that we set out for 2017 and highlight whether these have played out. Elsewhere, we have also recently outlined some of the key trends we expect to unfold over the next 12 months
We expect Asia to drive global biomass capacity expansion over the coming decade as India and China rapidly expand their sectors by utilising residue from substantial agriculture, livestock and forestry sectors
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