Commodity prices continued their recovery in the first quarter of 2021 and are expected to remain close to current levels throughout the year, lifted by the global economic rebound and improved growth prospects. However, the outlook is heavily dependent on progress in containing the COVID-19 pandemic as well as policy support measures in advanced economies and production decisions in major commodity producers.
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Commodity Markets Outlook, April 2021 (English). Global Economic Prospects|Commodity Markets Outlook Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/782901618928712786