Base metals prices forecast to rise sharply in 2021, less so in 2022
As the world’s economies start to pick up following the impacts from the Covid-19 pandemic, CPM Group’s director of commodities and asset management Carlos Sanchez expects…
Outlook 2021
Roskill forecasts demand for cobalt to double by 2030
Cobalt watchers can expect demand for the blue metal to double by 2030, says Ying Lu, senior analyst at Roskill. The forecast comes even as this…
Precious metals and PGM prices forecast to rise next year
Although a change in the U.S. government is unlikely to ease tensions between Washington and Beijing, says CPM Group vice-president of research Rohit Savant, incoming president Biden’s…
Critical materials markets 2021 outlook
For 20 years, analyst Jon Hykawy has been looking at the global critical materials markets and providing advice to companies about the sector. The president…
Scotiabank’s Marc Desormeaux looks at 2021 and the continuing impact of Covid-19 on metals markets
For Scotiabank senior economist Marc Desormeaux, forecasting what the 2021 global commodity markets will be like, especially for industrial metals, is heavily predicated on the…
Diamond industry forecast for 2021 and beyond
Global diamond production this year fell by more than 20% to about 113 million carats due to planned production declines by the major producers and…
Chinese rare earth metals surge in price
BMO Capital Markets says that a surge in the price of Chinese rare earth metals in November is a reflection of the geopolitical tensions between…
Bank of America sees ‘further upside’ potential for silver in 2021
Describing silver as a “metal important for future technologies” (MIFT) in a new report on the outlook for commodities in 2021, Bank of America said…