Commodity Prices

The UN welcomes the extension of the initiative, which has moved 25 million metric tons of grains and foodstuffs, helping to bring down food prices and stabilize global markets.

Projecting global growth slowing to 2.2% in 2023, UNCTAD outlines actions to avert crisis and support developing countries exposed to cascading crises of debt, health and climate due to inadequate financial support.

Commodity importers are hit hardest while fossil fuel exporters register temporary windfall gains.

Many economies of the region are facing growing pressure on their external debt positions and the rising cost of living is a growing challenge to policymakers.

Almost 60% of Africa's low-income countries are already in debt distress or at high risk of it and millions of Africans are falling back into poverty amid acute risks of food insecurity.

The series explores how major economic events affect developing countries. In the first episode, Secretary-General Rebeca Grynspan talks about the global cost-of-living crisis.

The war in Ukraine has had immediate effects on world food markets. Both Ukraine and Russia are global players on agricultural commodities that are essential for food security, such as wheat, barely, corn or sunflower oil and seeds.

Experts discuss recent trends in global commodity markets and explore how commodity-dependent developing countries could achieve inclusive growth.

New edition of UNCTAD Commodities at a Glance series focuses on constraints and opportunities for coffee growers in East Africa, with special emphasis on the sustainability of supply.

High prices for basic farm goods and industrial raw materials, with the complex effects that these cause on the economies of numerous poor countries, are not expected to decline any time soon, the Global Commodities Forum has been told.