Commodities

 Biggest Commodity Price Shock In 50 Years

OTAVIANO CANUTO May 04, 2022 Seeking Alpha

Summary

- Commodity prices stabilized in April. However, the previous commodity price shock, intensifying trends that have been present since mid-2020, have already led to significantly higher price levels in 2022.

- The new jumps made the increase in energy prices in the last two years the biggest in the last fifty years, since the oil shock in 1973.…

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Biggest Commodity Price Shock In 50 Years

The current commodity price shock should remain there in the med