What is Driving Down Commodity Prices?

Commodity prices are far lower today than they were at their peak levels from 2022. So, what is the biggest reason why commodities haven't rallied? Slow growth in China says Erik Norland, CME Group Chief Economist.
#cmegroup #economics #commodities

[@juhishah]

Hi. Thanks for the informative video. Putting the Red Sea conflicts in the valuation might change the dynamic of the world trade supply in the upcoming months.

[@jaym9846]

Going to stock up on a year's supply of chocolate bars. Prices are going up each weekend.

[@serena-yu]

China's own consumer market is small. China imports oil to produce commodities that will sell in the US and Europe. Therefore the drop of oil prices still boil down to weakening consumption in US and Europe.