Raw material prices climb 40% and offer opportunities for Brazil

From April last year (the peak of the pandemic) to date, the dollar prices of 19 main agricultural, steel and energy commodities had increased by an average of 40%, according to the CRB index.

RIO DE JANEIRO, BRAZIL - Although Covid-19 is still a long way from being eradicated worldwide, countries' economies in general have been rebounding reasonably quickly from the sharp decline triggered by the pandemic.

China, a kind of engine of the world, is the greatest example of this. One of the main impacts of this is the increase in demand - and, consequently, in prices - for raw materials.

From April last year (the peak of the pandemic) to date, the dollar quotes of the 19 main agricultural, steel and energy commodities had increased by an average of 40%, according to the Commodity . . .

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