S&P sceptical over claims of new commodities supercycle

SKY-high commodity prices have sparked talk of a new supercycle in recent weeks, but analysts at S&P Global Market Intelligence remain unconvinced.

S&P sceptical over claims of new commodities supercycle S&P sceptical over claims of new commodities supercycle S&P sceptical over claims of new commodities supercycle S&P sceptical over claims of new commodities supercycle S&P sceptical over claims of new commodities supercycle

The so-called commodities supercyle may not come to pass. Image: iStock/peterschneider.media

Speaking on a webinar last week, S&P commodities analyst Jason Sappor said new copper volumes coming onstream would steady the demand-supply balance by 2022, suggesting the current bull run