The Recent Commodity Price Surge: A Boon for Latin America and the Caribbean?



This study reviews and analyses the evolution of commodity prices between the start of the Covid-19 pandemic and mid-2021, a period during which commodity prices have increased, in some cases very substantially.

It presents the key factors driving these price increases and discusses potential impacts for Commodity-Dependent Developing Countries (CDDCs) in the Latin America and the Caribbean (LAC) region.