The commodities market has moved to the forefront amid a period of global volatility. Shifts in demand and supply, geopolitical tensions, tariff uncertainty under the Trump administration, and heightened investor risk aversion have driven mixed outturns in commodity prices over the past five years. Looking ahead to 2026, performance will be shaped by six major forces: geopolitics, interest rate policy, de-dollarisation, sector-specific growth trends, evolving supply dynamics, and the accelerating green-energy transition.