News Digest:

The Refinitiv CoreCommodity CRB Index, a composite gauge of prices for 22 major commodities including crude oil, metals and grains, surged 46% in 2021, marking its highest annual jump since 1995.

Takeaway:

With demand rebounding strongly amid an economic recovery, and supply getting hit by geopolitical events, labor shortages, etc., prices of nine leading commodities rose by over 50% last year.

End Notes

Source: https://asia.nikkei.com/Business/Markets/Commodities/Global-commodity-prices-soar-50-fastest-pace-in-27-years