Commodities prices likely to drop in 2024, 2025 but will be above pre-pandemic level, says World Bank report

[ad_1] Prices of commodities will likely decline marginally in 2024 and 2025 but they will remain 38 per cent above pre-pandemic levels, the World Bank has said in its latest Commodity Markets Outlook. In all, disinflationary tailwinds from moderating commodity prices...

India to account for large share of global commodity demand by 2029: Australia

[ad_1] India will account for a significantly larger share of world commodity demand by 2029, though Chinese demand will likely continue to shape commodity markets over the next 5 years, the Australian Office of the Chief Economist (AOCE) has said.“......