Remember those straightforward days of managing supply and demand? That was the simple way in which we could price all the commodities we needed around the world. Now, however, things seem to be changing, as the old “norms” are being replaced as new factors come into play. We can of course simply divide the commodity world between soft and hard commodities, but increasingly we are seeing new pressures on their pricing, which previous specialists have not had to take into account. These changes could be a result of climate change,

the virus, political uncertainty and instability and of course the broader expectations of the global economy. The combination of a pandemic, major economic heart attacks, meteorological menaces and some political ineptitude has forced change as a matter of urgency. Only now are we being able to see the effect of this – and how we should be reacting.

https://www.neweurope.eu/article/changing-commodities/

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