Commodity bull market still has ‘upside momentum’

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Commodity bull market still has ‘upside momentum’ 🔒

The second commodity bull market in two decades, which has partially shielded SA against the economic shocks of the Covid-19 pandemic, still has further momentum due to lack of new supply to meet future demand.

As the world transitions to environmentally friendly sources of energy, it will require significantly higher quantities of certain metals such as copper, nickel and cobalt, said John Gilchrist, fund manager at PSG Asset Management...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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