Goldman Sachs: Due to high oil prices and tight inventories, commodity prices may continue to rise

$Crude Oil Product(BK2721.US)$ $Copper(BK2510.US)$ $Microsoft(MSFT.US)$ According to a Futu report, Goldman Sachs said that high oil prices may promote a general rise in commodity prices, and energy-intensive commodities such as aluminum, cotton and copper are most likely to be boosted. As commodity inventories are becoming increasingly tight, input cost inflation has pushed up the prices of these three commodities, and supply chain issues are also exacerbating commodity price inflation. Temporary shocks seem to continue. Frequent small shocks lead to persistent commodity price inflation. This phenomenon is beginning to take shape.

Article excerpted from the US Stock Research Agency