According to the website of Japan's Nikkei Asia Review Magazine on February 10, the global prices of commodities such as crude oil, metals and grains soared, the highest since 1995. According to the report, at the end of January, the rover / core commodity CRB index rose 46% year-on-year, the largest year-on-year increase since comparable data were available in 1995. The index is a comprehensive indicator of changes in global commodity prices. The report noted that commodity prices generally rose, especially for fuels such as crude oil. Among the 22 major commodities, 9 prices rose by more than 50%, of which the prices of coffee, cotton and aluminum rose by 91%, 58% and 53% respectively. The report pointed out that the commodity market is being squeezed in two directions. On the one hand, as the global economy recovers from COVID-19, demand surges. On the other hand, geopolitical factors hinder adequate supply. (compiled / Jin Jinlong) Reference News Network reported on February 10 that according to the website of Japan's Nikkei Asia Review Magazine on February 10, the global prices of commodities such as crude oil, metals and grains soared, the highest since 1995. According to the report, at the end of January, the rover / core commodity CRB index rose 46% year-on-year, the largest year-on-year increase since comparable data were available in 1995. The index is a comprehensive indicator of changes in global commodity prices. The report noted that commodity prices generally rose, especially for fuels such as crude oil. Among the 22 major commodities, 9 prices rose by more than 50%, of which the prices of coffee, cotton and aluminum rose by 91%, 58% and 53% respectively. The report pointed out that the commodity market is being squeezed in two directions. On the one hand, as the global economy recovers from COVID-19, demand surges. On the other hand, geopolitical factors hinder adequate supply. [source: reference information network]