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Our global outlook

To identify opportunities and challenges for our business, we monitor the social, financial and geopolitical trends that will shape commodity markets in the short, medium and long term.
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Commodity trends

Commodity markets are volatile. That’s why we monitor global trends both on the supply and demand side that will affect the commodities in our portfolio in the short, medium and long term.
thinkbigcrop 2020
Decarbonisation trends

Opportunities and risks will arise from a number of global megatrends, such as the electrification of transport and the global imperative to become more effective stewards of land, water and the environment.
BHPTowerx 2020
Economic trends

Global economic growth is one of the main drivers of demand for our commodities.
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BHP Commodity Outlook
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Our market outlook

These are some of the global trends that we think will bring opportunities and risks to our portfolio in the short, medium and long term.

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BHP's economic and commodity outlook

Half year 2022

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Disclaimer

Data and events referenced in this report are current as February 2, 2021. The data is compiled from a wide range of publically available and subscription sources, including Bloomberg, Platts, Wood Mackenzie, CRU, Thomson Reuters, Argus, CREIS, Fertecon, FastMarkets, SMM, AME, Parker Bay, MySteel, LME, COMEX, SHFE, ICE, DCE, SGX and I.H.S Markit, among others.