30 January 2024
Samsung’s 2024 commodity market outlook suggests a cautiously optimistic view for key commodities. The previous year, 2023, did not meet profitability expectations in the commodity sector, primarily due to more resilient supply chains than anticipated. However, for 2024, the fundamentals for most commodities appear neutral to mildly bullish. Despite concerns over slow economic growth impacting demand, the market could benefit from potentially lower interest rates. Samsung C&T Trading & Investment Group, known for its involvement in various commodities, anticipates diverse performance across its portfolio in the coming year.