The 2015 commodity market slump.
This week Jack Matthews looks at the recent slump in global commodity prices. Over the last 12 months oil and iron ore prices have declined by over 50%, copper by 21%, aluminium by 18%, sugar by 17% and coffee by almost 40% (why have none of my favourite coffee bars reduced their prices!).
Jack uses some basic macro and micro approaches to analyse and evaluate the causes of this slump - demand side weakness, supply side strength or a combination of the two. He also considers the likely outlook for commodity prices.