Commodities enter super boom cycle, with few bumps in the road ahead

Weak dollar, rising global growth major triggers; several resource commodities up 30-50%

Commodities globally, especially resource commodities, are in a bull phase, and experts say there are signs on the horizon that the supercycle is likely to continue. 

This means that Indian industry will have to deal with high raw material prices, and user industries will see their costs rising though with a lag in some cases.

Kunal Shah, head of research at Nirmal Bang Commodities, said, “The supercycle in commodities is already underway, as there has not been any major investment in the commodities space for the last three years, while global growth getting stronger has led to a boom in resources.” 

China’s economy