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Prices, drivers, context
Raw Materials
Track the prices, market drivers, and sectors exposed to every raw material.
21Materials6Categories
Prices, drivers, context
Raw Materials
Track the prices, market drivers, and sectors exposed to every raw material.
21Materials
6Categories
Macro & SectorsFocus
The macro connection
Raw materials are the first link in the macro chain
A commodity price is never an isolated number. Its origin determines what happens next to inflation, rates, currencies, growth and sector margins.
Choose the origin of the move
Scarcity raises prices while weakening growth
War, weather, outages or transport constraints reduce available supply. This is the most stagflationary route because costs rise while real purchasing power falls.
Physical shock
Production, inventories or transport capacity fall.
→Costs and prices
The commodity rises; users absorb the cost or pass it on.
→Inflation
Headline inflation rises first; wages and services decide persistence.
→Policy and economy
Central banks face a trade-off as consumption and margins weaken.
↩ The final effect feeds back into demand, inventories and the next commodity-price move.
Category
Precious Metals
2 materials
Gold
Gold usually acts as the market's classic hedge when inflation, real rates, or macro stress take center stage.
real yieldscentral-bank buying
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Silver
Silver is a hybrid commodity that responds to both safe-haven demand and industrial activity.
industrial demandgold/silver ratio
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Category