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[World Bank: Overall commodity prices are expected to surge by 23% in 2026] On October 28, the World Bank stated that due to global shocks, overall commodity prices are expected to surge by 23% in 2026, followed by a 7% decline in 2027. Metal prices are expected to rise by 25% in 2026, reaching new highs, with aluminum, copper and tin all reaching record highs. Affected by the war in the Middle East, global energy prices are expected to rise by 32% in 2026, reaching the highest level in four years. Global oil supply is expected to fall by 5.2% in 2026, the largest decline in more than 40 years outside of the 2020 global recession.
Futures Market Intelligence 🕐 2026-10-28 21:35
#Futures Market Intelligence #Crude oil market dynamics #Overseas commodities #nonferrous metals #Energy Industry News #Nonferrous·Copper
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