In a new report, analysts at Goldman Sachs analysts explained their bearish outlook for commodity prices over the next year. While most commodity prices have been on the rise since March, analysts believe that the rally will be short-lived.

Price Pressures Intensify

According to the report, commodity prices will continue to be weighed down by a stronger dollar, low oil prices and softening Chinese construction demand. “The recent rise in commodity prices is clearly at odds with our lower-for-longer bearish view across the complex,” analysts explain in the report.

Copper Hit Hardest

The report singles out copper as the commodity that will be…

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