Goldman points to commodities super-cycle so which ASX mining shares will benefit?

The long-suffering commodity markets may have turned a corner after a China-fuelled commodity boom. The gains come amid calls by Goldman Sachs of a new long-term bull market propped by ultra low interest rates, supply constraints and a weak US dollar. 

Here are the ASX mining shares that are set to benefit from higher commodity prices. 

A wild year it was for commodities 

2020 was a wild year for commodities, as it was for other assets in a world ravaged by COVID-19. In an event like no other, oil prices crashed in April, falling into negative territory for the first time ever. 

But it wasn’t just oil, the Bloomberg Commodity Index, which tracks 23 commodity futures markets hit an all-time low in April 2020 based on data…