Rising Commodity Prices: Review, Prospect and Retrospect

Rajendra Rampersaud

Commodity prices that have always been the victims of the vagaries of the boom-bust cycle are experiencing the longest rally in the current decade.  The prices of both minerals and food commodities have risen simultaneously after a dip due to the global financial crisis. The quick recovery of the world economy after the global financial crises witnessed even faster increases in the prices of commodities that were accompanied