One of the biggest commodities booms in decades is looking for a fresh reason to power higher.
Markets from copper to oil to corn surged recently as monetary stimulus and a recovery from the pandemic tightened supplies, fueling a debate about whether raw materials are in a new supercycle.
But the rally is now wavering on worries about faster inflation, Federal Reserve hints at easing stimulus and China’s warning over measures to cool price spikes.
Read more: https://www.mining.com/web/the-great-commodities-boom-of-2021-is-facing-its-first-big-test/