More Commodity Inflation Beckons as War Boosts Coal: Bloomberg Survey

Already elevated commodity prices set to rise further: survey
Coal, not renewables, seen likely to fill Europe shortfall

The war, and pandemic fueled shortage of raw materials appears poised to fuel what’s already the biggest surge in commodity prices in decades, according to the latest MLIV Pulse survey conducted June 6-10. Bloomberg TV guests give their view for commodities on this week’s MLIV Pulse.Source: Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Ben Purvis

June 12, 2022 at 11:30 PM UTC

Updated on

June 13, 2022 at 12:32 PM UTC

This article is for subscribers only.

The global commodity business can get a whole lot more expensive -- and dirtier, too.

The war- and pandemic-fueled shortage of raw materials appears poised to fuel what’s already the biggest surge in commodity prices in decades, according to the latest MLIV Pulse survey conducted June 6-10. At the same time, demand for fossil fuels is only expected to rise as Europe seeks to shift away from Russian energy, dashing any immediate hopes that high prices will foster a shift to cleaner renewable sources.