Categories: Editor's Picks

World Bank forecast 5% fall in 2022 metal prices

• Sharp rebound in commodity prices is turning out to be more pronounced than previously projected.
• Crude oil prices are expected to be $74 a barrel in 2022.
• Energy prices are expected to remain elevated in 2022.

World Bank says metal prices are forecast to fall 5 percent in 2022 as global growth softens and supply disruptions are resolved.

Meanwhile Copper has been trading above the $10,000 mark on the London metal Exchange this week on the international commodity market.

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