“What’s in a name? That which we call a rose by any other name would smell just as sweet.” William Shakespeare uses this line in his play Romeo and Juliet to convey that the naming of things is irrelevant.

Commodities are not irrelevant, but that category of “commodities is really wide ranging and includes many different “markets”., each having their own supply/demand factors.

This chart from @LizAnnSonders is great in illustrating how much disparity in just the first few weeks of 2023 there is… +15% for tin and -41% in natural gas.

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