The biggest commodity story of 2020 was one of decline. As the coronavirus pandemic halted travel, oil prices fell off a cliff, then briefly went subterranean
Existing, occurring, or done under the earth’s surface.
Beneficiaries included iron ore and copper, used in steel and electricity projects, as well as soft commodities such as wheat, soyabeans and pork.
A person who derives advantage from something, especially a trust, will, or life insurance policy.
That might also weaken the dollar, which would make oil and other commodities denominated in dollars cheaper for buyers in emerging markets, lifting demand and pushing commodity prices even higher.
(of sums of money) be expressed in a specified monetary unit.
Sceptics expect more muted growth.
A person inclined to question or doubt accepted opinions.