Dominic Schnider, UBS wealth management, head of commodities & APAC FX and macro gave an interview about this take on commodities and the global commodities index. He said "demand has been robust in the developed world, that's the main story" He continued by saying "global growth will be above trend in the 1st Q this year. The supply side (in commodities) is still challenged" and we "could see a 10% increase in the broader commodities indices this year". Elsewhere "A driver in commodities sector could be that in world is yield starved". On Base metals, he noted that they are under-supplied and copper could head ... (full story)