MicroStockHub
A composite of the leading commodity futures and forwards on the U.S. and the U.K. exchanges moved 4.68% higher in Q4 and 3.83% higher in 2022.
While the base and precious metals led the asset class higher in Q4, energy and animal proteins posted double-digit percentage gains in 2022.
Nickel, silver, platinum, tin, and lead were the leaders in Q4, with over 20% gains. In Q4, fourteen commodities posted over 10% gains, while nine were over 10% lower. Coal, natural gas, and coffee led the way on the downside in 2022’s final quarter.
Eighteen commodities moved over 10% higher from the closing levels on December 31, 2021, as of December 30, 2022. Eleven raw materials posted double-digit percentage losses. Coal for delivery in Rotterdam, the Netherlands, nickel, heating oil, and frozen concentrated orange juice posted over 20% gains in 2022, while lumber, oats, tin, the…