Zero-COVID hits commodities

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The May 2022 edition of our Commodity Market Outlook focuses on industrial metals, covering recent market developments and our pricing outlook for copper and iron ore for 2022 and 2023. As usual, we also provide an update on our latest views on broad commodity markets.
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Commodities to outperform in 2022

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The February 2022 edition of our Commodity Market Outlook focuses on industrial metals, covering recent market developments and our pricing outlook for copper and iron ore for 2022 and 2023. As usual, we also provide an update on our latest views on broad commodity markets.
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Gold is on your side

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The January 2022 edition of our Commodity Market Outlook focuses on gold, covering recent market developments and our pricing outlook over the coming year.  As usual, we also provide an update on our latest views on broad commodity markets.
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Omicron a positive for commodities

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The December 2021 edition of our Commodity Market Outlook report offers two-year price forecasts for all the key sectors (oil, industrial metals, gold) we cover on a regular basis. As usual, we also provide an update on our latest views on broad commodity markets.
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Oil rally maxing out

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The November 2021 edition of our Commodity Market Outlook report focuses on crude oil, covering recent market developments and our pricing outlook over the coming year. As usual, we also provide an update on our latest views on broad commodity markets.
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Copper at a turning point

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The October 2021 edition of our Commodity Market Outlook report focuses on industrial metals, covering recent market developments and our pricing outlook for copper and iron ore over the coming year. As usual, we also provide an update on our latest views on broad commodity markets.
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Retail spending weakened in mid-2021

By Press
FOR IMMEDIATE RELEASE MONTREAL, QC, September 1, 2021 (Press Release) – Numera today released the latest update of its Global Retail Sales Tracker, which confirms global goods consumption weakened in mid-2021. The slowdown primarily reflects a normalization of expenditure patterns in the United States, where households are allocating a greater portion of their disposable income to contact services. This 'substitution' effect is still not visible in EMs, where retail spending continued to recover on the back of stronger away-from-home traffic.
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Production recovering amid Delta concerns

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FOR IMMEDIATE RELEASE MONTREAL, QC, August 26, 2021 (Press Release) – Numera today released the latest update of its Global Industrial Tracker, which shows global production continues to recover despite rising concerns about the Delta wave of COVID infections. Worldwide industrial output rose 0.9% month-over-month in June after a tightening of restrictions in Asia caused global output losses of 0.3% the previous month. The June gain pushed industrial production to just 0.6% below its pre-pandemic path. This compares to a…
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Manufacturing resilient to Delta

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FOR IMMEDIATE RELEASE MONTREAL, QC, August 25, 2021 (Press Release) – Numera today released the latest update of its Global Manufacturing Tracker, which reveals manufacturing output remains resilient to the Delta wave of infections. After contracting 0.8% month-over-month in May, global factory output rebounded in June, rising 1.1%. Inflationary pressures eased somewhat in June, but remain elevated by historical standards. Global PPI inflation came in at 11% annualized, versus 20%+ over the 3 previous months.
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