Is commodity demand slowly beginning to get the upper hand? Ivan Glasenberg, the CEO of mining and marketing company Glencore, has for long contended that the problem is not on the demand side but on the oversupply side. “Demand’s there,” Glasenberg told Mining Weekly last week. “The problem is that we supplied too much into the market. The mining industry increased production over the so-called stronger-for-longer period and we oversupplied the market, and that’s what had this very negative effect on commodity prices.” Now that supply is getting a little tighter, it should bode better for commodity prices. Many are holding thumbs that supply finally hops out of the front seat.