5 Worst Performing Commodities in 2023

In this piece, we will take a look at the five worst performing commodities in 2023. If you want to take a look at what’s been happening in the commodity markets over the past year, then head on over to 10 Worst Performing Commodities in 2023.

5. Aluminum

Returns During H1 2023: -24.79%

Aluminum is an important metal due to its strength and weight. It is used predominantly in fabricating the fuselages and other components of passenger aircraft due to its favorable characteristics. It is also used in making electrical components due to its electrochemical properties and raw aluminum is also combined with other chemicals to create aluminum compounds. China was the world’s largest aluminum producer in 2022 having produced 40 million metric tons. The market is expected to grow to $277 billion by 2030 end.