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    April 30, 2021

    CRU: Beware the Bubble – This is Not Yet a Commodity Supercycle

    Written by Jumana Saleheen

    By CRU Chief Economist Jumana Saleheen and CRU Head of Fertilizers Chris Lawson, from CRU’s Steel Monitor

    Commodity prices have continued an upwards tear in 2021. Steel and its raw materials have seen the sharpest gains, but less well-known commodities such as fertilizers are also attracting attention. With such steep price rises, calls for a new commodity supercycle are inevitable. Analysts backing a new supercycle are citing support from government stimulus packages, perceived underinvestment in commodity supply and a transition to a brave new “clean and green” world.

    Jumana Saleheen

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