Prices are skyrocketing – but how long should this last?

By: Trademagazin Date: 2021. 05. 03. 10:00

Analysts and experts have been speculating for several months about whether a new commodity supercycle could be launched, which could lead to persistently higher commodity prices or only a temporary increase, which will subside as the coronavirus epidemic eases.

Of course, it is difficult to do justice for the time being, but there is no doubt that many raw materials have become considerably more expensive in recent times, and this year’s figures do not suggest that this process has slowed down. Copper prices, for example, are slightly lower than they were more than ten years ago, and the price of timber and maize suitable for construction has gone up, but ethanol, pork, palladium or oil, among others, could be mentioned.