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.
