Paul Nyakazeya, Group Digital Editor 
INTERNATIONAL demand for commodities is likely to remain subdued in the first half of the year, equities research firm IH Securities says.
In an equity strategy paper for 2023 titled: An Economy at Crossroads, IH said that supply chain disruptions were likely to persist because of the continued Russia/Ukraine war.
“… demand risks are in the driving seat for now. Considering Russia and Ukraine contribute significantly to the production of wheat, fertilisers, and fuel, the Russia-Ukraine crisis resulted in supply disruptions of the aforementioned commodities thus, pushing their prices up,” IH said.
The decision by China, a key commodity consumer, last December to pivot from a stringent zero-Covid strategy was however, seen as offering some respite.
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