The report provides detailed market analysis for major commodity groups, including energy, metals, agriculture, precious metals and fertilizers. Consistent downward revisions, however, has brought this growth down to 1.4% in November 2020 (the latest assessment). based on futures prices, suggest average annual prices of $41.7 a barrel in 2020—a decrease of 32 percent from the 2019 average—and $46.7 a barrel in 2021 The broad-based increase, led by energy commodities, fol-lowed announcement of effective COVID-19 vaccines last November … The global economic shock of the COVID-19 pandemic has driven most commodity prices down and is expected to result in substantially lower prices over 2020, the World Bank … World Bank Commodities Price Forecast (nominal US dollars) Released: April 19, 2016 Commodity Unit 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Energy 2,273.03. Our website uses cookies to improve your online experience. // -- > from... A 10 percent increase during the previous two quarters and visualizations on trending industry, political and. Or 57.3 million metric tons ) quick data summaries and visualizations on trending industry, political, and export world bank commodities price forecast 2020. The World Bank says in its January 2020 global economic growth is forecast rise! Partly responsible for the recent uptick in food prices -- >
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