Global commodities to confront growing inflation pressure
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Update time : 2022-07-14 18:08:20
The London Metal Exchange (LME) experts said that the global economy began to confront the inflation crisis, and commodities prices would keep fluctuating.
With the Russian-Ukrainian War and the post-pandemic period's economic stagnation, the world's economy is now facing inflation, volatile commodity prices, and related crisis management. Moreover, the international monetary policy, inflation, and its duration may all persist longer than anticipated.
Separately, it is difficult for the European economy to reduce its dependence on Russia in the short term, which could exacerbate the inflation situation.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
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