Commodities
Construction commodities remain central to the global economy, with their prices driven by supply-demand trends, economic outlook, and geopolitical shocks. In 2025, while there was a moderation and general stabilisation in commodity prices, volatility persisted especially in metals. Although tariff-related developments continue to influence markets, their effect has been more limited than initially anticipated, and substantial front-loading of demand occurred in the first half of 2025.
At Linesight, we closely monitor the trends and developments in the commodities market to provide our clients with the most up-to-date and accurate information.
Data points for commodity price trends
The first chart, 'Price change comparison against Q1 2024', is a line graph that tracks price movements over time, using Q1 2024 as the base value for each commodity in each country. Each line represents the percentage change from this base value at various time points. For instance, a 10% copper value in Q2 2025 for Country A, with a base price of 100 in Q1 2024, would correspond to a price of 110 in Q2 2025, indicating a 10% increase.
The second chart, 'YoY % price change', positioned below the line graph, is a bar chart showing the expected annual change from Q4 2024 to Q4 2025. This YoY price change chart is supported by a ratings table for the level of impact on the construction industry. The level of impact rating reflects a combination of factors: price change (compared to recent past beyond the last quarter), the importance of the material, and the general state of the supply chain in terms of stability.
Also included is a table showing a forecast for the level of price change from Q1 2026 to Q2 2026.
This approach provides a concise overview of projected price movements for each commodity over the next year, enabling readers to compare short-term trends with the longer-term trajectory depicted in the line chart.
Disclaimer
This report contains information, data, and analysis related to the construction industry. While we strive to provide accurate and up-to-date information, it is important to note that the market is subject to various factors, uncertainties, and changes that may impact the accuracy or reliability of the report's contents. By using the report, you acknowledge and agree that Linesight assumes no responsibility or liability for any inaccuracies, errors, omissions, or losses that may arise from your reliance on the information presented in the report.
It is essential that users exercise their independent judgment, conduct their own research, and seek professional advice before making any decisions based on the information contained within the report.
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© Linesight