Global Industry Overview - Key Themes For Commodities In 2017 - JAN 2017

BMI View: While we expect commodity prices to average higher year-on-year in 2017, several factors will limit the pace of gains to far slower than that seen in 2016. Our key themes for 2017 are as follows:

  • Higher prices in 2017, but no repeat of 2016 surge

  • The return of commodity-driven inflation

  • Further Gains In 2017
    BMI Commodities Price Index, % Chg y-o-y
    Note: Commodities Index % change is simple average of % change of 25 major commodities forecast by BMI . Source: BMI, Bloomberg

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