Global Commodities: It costs a lot

The situation in the Strait of Hormuz is not exclusively affecting the energy side of commodity markets. Namely, agricultural commodities are becoming a point of convergence for high freight rates, fuel costs and disrupted logistics. Today, we run you through these cost effects, as well as update you on our base metals outlook in the run up to LME Week

Speakers: 

Greg Shearer, Head of Base and Precious Metals Research

Tracey Allen, Head of Agricultural Commodities

This podcast was recorded on October 16, 2026.

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