2024 commodity market outlooks

Discover what's ahead with Fastmarkets' market intelligence and insights into 2024 and beyond

You’re ready to plan for the year ahead, and want your business to be more competitive and strategic than ever. Whether you work in procurement, you’re a trader or the CEO of a company, you need a forward-looking view of the commodity markets and what 2024 holds.

To help you get a better idea of how the next 12 months and beyond will look, we’ve put together several 2024 commodity market outlooks and previews across the agriculture, forest products and metals and mining spaces. From understanding evolving trends in green steel to the surge in demand for biofuels and feedstocks, as well as why demand for pulp in China is growing, we’ve got you covered. Read on below to find out more. 

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Read the latest outlooks for 2024

Browse market insights and analysis from our expert editorial team and price reporters working across the metals and mining, forest products and agriculture markets.

Fastmarkets looks ahead to 2024 and beyond at some key developments for the battery materials market as the clean energy transition faces a challenging global economic and geopolitical backdrop

Softwood lumber traders worldwide begin 2024 with a glimmer of hope that a post-pandemic new normal might finally emerge after several years of upheaval. Plateauing interest rates and encouraging signs in the U.S. housing market in late 2023 provided a reason for guarded optimism in North America. U.S. and Canadian exports to China increased last […]

The rise in capacity-building in the past years in both China and Indonesia quickly turned nickel market once in short-supply into an oversupplied one, not only in China, but also globally

Oversupply caused by growing refining capacity in China overturned the fundamentals of the Chinese Class-1 nickel market in 2023 and the effects are expected to be extended and amplified in 2024, sources told Fastmarkets

The Asian aluminium market is expected to continue its recovery in 2024 after it struggled to meet expectations in the prior year, market participants have told Fastmarkets

Another year is behind us, with no shortage of discussion topics when reflecting on the US residential construction and wood products markets in 2023. In many ways, the year played out how our team expected as we laid out in last year’s “Predictions” piece. Here is how our predictions played out throughout 2023: Want to […]

Prices to watch in 2024
Understand the price data behind the stories

Read more about Mexican scrap price volatility here.

Stay up-to-date with the volatility in lithium prices here

Find out more about what’s ahead for global pulp markets here.

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Our price reporters and editorial team provide regular market intelligence and insights into the biggest issues facing the commodity markets

Fastmarkets combines the commodity intelligence of these familiar names:

Metal Bulletin • American Metal Market • Scrap Price Bulletin • Industrial Minerals • RISI • FOEX • The Jacobsen • Agricensus • Palm Oil Analytics • Random Lengths • FastMarkets and more

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