You need stuff to make stuff and that is where commodities come into play.
6 years and two items rule the roost. Iron Ore and Coffee.
Not sure why Visual Capitalist left out Lithium as that seems to be the news over the past few years of “green energy” conversations… Nothing green about green energy, but that is a topic for another day…
Over the past 6 years, some of the key commodities that have seen significant price fluctuations and market attention include: crude oil, gold, copper, lithium, aluminum, natural gas, and various agricultural commodities like corn and soybeans; with particular emphasis on energy and battery metals due to the growing focus on renewable energy and electric vehicles.
Key points about these commodities:
Oil: Price volatility largely driven by geopolitical tensions and supply chain disruptions.
Gold: Considered a safe-haven asset, often seeing increased demand during economic uncertainty.
Copper: Critical for infrastructure and electric vehicle production, with prices rising due to increased demand.
Aluminum: Used in various industries including construction and transportation, also seeing price fluctuations related to energy costs.
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