The Year in Commodities

The video discusses the rise in raw materials, highlighting the Bloomberg Commodity Index. Tina Davis from Bloomberg explains that the rise is not solely due to oil but also industrial and precious metals, influenced by global events like China's economy, Brexit, and the Trump election. The discussion covers supply and demand dynamics, particularly in coal and iron ore, and the commodity cycle's impact on prices. The outlook for 2017 is positive, contingent on Chinese demand and the dollar's performance. The video also examines China's role as a major consumer and the recovery of companies like Glencore. Key risks include OPEC's actions, the dollar, and potential trade wars.

What factors contributed to the rise in industrial and precious metals in the past year?

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How did the reopening of US steel facilities impact the iron ore market?

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In what ways has Chinese demand influenced the commodities market?

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What are the potential risks to commodity prices in the upcoming year?

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What role does OPEC play in the future of oil prices according to the discussion?

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