In this Commodities Watch, we take a closer look at commodity markets where supply shortages during the pandemic have been most severe and, consequently, where price increases have been most extreme. While there isn’t a single cause of these shortages, there is one common theme: in all cases, prices now appear to be close to a peak (if they haven’t peaked already). That said, low stocks will mean that these markets remain vulnerable to a renewed surge in prices for some time yet.
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