Many growth-oriented commodities are likely to perform better than in 2017

The positive correlation between global economic growth and commodity consumption is well recognised. The year 2018 is likely to witness broad-based and continued strong expansion in the world economy with some forecasts placing GDP growth at 4 per cent, up from 3.7 per cent in the previous year. In other words, the macro underpinnings of demand look constructive. By implication, this year, ma...