World Bank: commodity prices are expected to remain strong in 2021. Metals are expected to rise by another 30%.

Telah Terbit: Apr 21, 2021 11:30
[world Bank: commodity prices are expected to remain strong in 2021 and metals are expected to rise by another 30 per cent] the World Bank (World Bank) said on Tuesday that global commodity prices recovered in the first quarter, driven by strong economic growth, and are expected to remain near current levels in 2021. Energy prices this year are expected to be more than 1/3 higher than in 2020, and the average price of oil is expected to be $56 a barrel, the report said. By 2022, oil prices will rise to $60 a barrel, "roughly the same as the average price in 2017-19". Metal prices are expected to rise by 30%.

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[world Bank: commodity prices are expected to remain strong in 2021 an - Shanghai Metals Market (SMM)