The trading opportunity that could create resilience in materials

By Marcus Cooper, Spencer Holmes, and Roland Rechtsteiner

The market is characterized by a significant imbalance. For some commodities, such as copper, lithium, and boron, supply will fall well short of demand by 2030.2 Inadequate capital expenditures and delays in bringing new capacity online are likely to contribute to price spikes and to inject uncertainty and volatility into the markets. Meanwhile, rising protectionism, geopolitical disruptions, and concentrated supply chains could disrupt trade flows and give rise to regional markets.