Commodity prices fall 30%-60% will moderate inflation

The assorted charts show the declines and mean reversions in commodities ranging from Wheat, Corn, Oats, Soybeans, Copper, Steel, Iron Ore, Australian Coking Coal, Silver, Urea, Tin, Nickel, Cotton, Aluminium and the Baltic Dry (shipping) Index.

These lower prices also equate to lower inputs for those buying at today’s price whilst buyers at higher prices are needing to move inventory of costlier produced product in the face of being undercut by latecomers or the patient.

July 27, 2022

by Rob Zdravevski

rob@karriasset.com.au