McKinsey: Survey of Resource Markets and Interactive Tool

The McKinsey Global Institute (MGI) and McKinsey’s sustainability and resource productivity practice have released their first annual survey of resource markets (energy, metals, and agriculture). The survey, Resource Revolution: Tracking Global Commodity Markets, finds that “despite recent falls, commodity prices are still near their levels of early to mid-2008, just before the global financial crisis hit.” This post provides a link to “MGI’s Commodity Price Index – An Interactive Tool,” a tool that tracks commodity prices over time. McKinsey believes that “resource markets will be shaped in coming years by a race between emerging-market demand and the resulting need to increase supply from a more challenging geology and the twin forces of supply-side innovation [3-D and 4-D seismic technologies] and resource productivity [reduce the wastage of food and water].”