Global Commodities: Mid-Year Commodities Outlook: Illiquid Fragility

Natasha Kaneva is joined by Shikha Chaturvedi, Greg Shearer, Tracey Allen and Ted Hall to discuss the outlook on global commodities. As conditions of acute scarcity persist across all commodities, world is entering the traditional peak demand season with inventories 19% below historical average. This lack of inventory buffer leaves the market vulnerable with outsized impact on prices amidst any shock to supply. Speakers Natasha Kaneva, Head of Global Oil and Commodities Research Shikha Chaturvedi, Head of Global Gas Research Gregory Shearer, Head of Metals Research Tracey Allen, Head of Agricultural Research Ted Hall, Vice President of Global Oil Research   This podcast was recorded on June 17, 2022. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4123032-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2022 JPMorgan Chase & Co. All rights reserved.