UBS' Gordon Sees Crude Prices Near $80 a Barrel in 1Q 2019

The video discusses recent trends in commodity prices, focusing on metals and crude oil. It examines the impact of US-China trade policies on metal markets and China's economic policies on commodities. The dynamics of the crude oil market are explored, highlighting factors like speculative positioning and US production. The video also touches on the influence of weather events, such as El Nino, on agricultural commodities.

Discuss the implications of the El Nino event on agricultural commodities.

What is the overall outlook for commodities in the coming year?