The research report points out that with the slowdown of population growth and the maturity of developing economies, the growth of global aggregate demand for commodities may slow down and the demand for some commodities may rise. In addition, the transition to clean energy can be challenging. The construction of renewable energy infrastructure and the production of electric vehicles require specific types of metals, and the demand for these metals is likely to surge in the coming decades, driving up prices and bringing huge benefits to exporting countries. Although renewable energy has become the lowest cost energy in many countries, fossil fuels will remain attractive, especially in countries with abundant reserves. In the short term, due to insufficient investment in low-carbon technologies, the supply-demand relationship of energy products may still be greater than supply, so the price will continue to remain high.
Post time: May-26-2022