The World Bank's April 2022 report on commodity markets outlook indicates that prices for most commodities are expected to rise in the second half of 2022, driven by strong demand and supply disruptions. Agricultural commodities, including grains and oilseeds, are expected to see the largest price increases due to droughts and other weather-related issues. Energy prices are also expected to rise due to tight supply and increasing demand from China and other emerging economies. The report notes that these price increases could have significant impacts on poverty and inequality, particularly in developing countries that are heavily reliant on commodity exports.
