Australian LNG Commodities Iron ore price

Commodities are crashing (not)

David Llewellyn-Smith

Tuesday 10 May 2022

Some commodities are starting to break down but the indexes are still very strong. GSCI

Metals are coming off sharply and have just about erased the Ukraine jump:

But softs are still firm:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.