Commodities 2023 key themes: Political uncertainty to keep markets volatile
Uncertainties around both supply and demand, driven to a large extent by politics rather than economics have been a key feature of commodity markets this year – sanctions on Russia, Moscow’s response and China’s Covid policy, to name but a few. At the same time, central banks are ratcheting up interest rates, depressing demand. We explored the outlook for commodity prices amid this high level of uncertainty and discussed the risks to our baseline.
+44 (0) 203 910 8034
Private: Kiran Ahmed
Kiran joined Oxford Economics as an Economist in August 2007. She works on the Industry and Global Macroeconomic Services as well as on consultancy work. Her work for the Industry Service primarily involves the basic metals and engineering sectors, and for the Global Macroeconomic Service includes forecasts for commodity prices and the several East Asian economies.
+44 (0) 203 910 8142
Private: Stephen Hare
Stephen is part of the Industry team where he is responsible for the extraction sector forecasts and contributes to the monthly commodity price forecasts for iron and steel. Stephen joined us in January 2018 after completing his MSc in finance and econometrics at Queen Marys University of London.
Private: Diego Cacciapuoti
Diego is part of the Industry team where he contributes to the forecasting and monitoring of commodities and he is responsible for the monthly precious metals and agricultural price forecasts. Prior to joining Oxford Economics, Diego gained work experience at Record Currency Management and completed an MPhil in Economics at the University of Oxford. Diego is fluent in English, French, and Italian
+44 (0) 203 910 8046
Private: Toby Whittington
Toby joined Oxford Economics in July 2014 as an Economist with the Industry team. He is currently responsible for the intermediate goods sector forecasts as well as contributing to Industry consultancy projects. Toby was educated at Birkbeck College, University of London, where he gained a first-class degree in Financial Economics, followed by a MSc degree in Economics. His MSc dissertation investigated the transmission mechanism between the Bank of England’s quantitative easing programme and UK interest rates.
Global Economic Model
Our Global Economic Model provides a rigorous and consistent structure for forecasting and testing scenarios.Find Out More
Global Industry Service
Gain insights into the impact of economic developments on industrial sectors.Find Out More
Global Industry Model
An integrated model covering 100 sectors across 77 countries and the Eurozone.Find Out More
Industry and Product Market Forecasting
Oxford Economics helps you translate what the broader questions around key economic and sector trends, risk, technology disruptors, as well as policy and regulatory changes mean for your organisation. Our models and forecast datasets can be customised to fit your unique needs, helping you quantify key correlations for sales and market demand forecasting and more generally support your overall decision-making process.Find Out More