The “safer” commodities will be those with day-to-day demand, like food, and those that can not be easily flooded into the market to meet rising demand, including coffee, cocoa and metals with restricted supply, said Christopher Ecclestone, a strategist at Hallgarten & Company LLC.
“People still need to eat, use metals and burn fuel no matter how bad the economy gets,” said Sam Kirtley, chief executive officer of SK Options Trading.
However, commodities like copper, iron ore, coal, lead, zinc and nickel may be “particularly vulnerable to a slowdown or double dip,” remarked Evan Smith, co-manager of the U.S. Global Investors Global Resources Fund.
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Max Chen contributed to this article.