commodity prices

A large number of businesses have stopped because of the VOC-19 pandemic and the current economic outlook is negative for the global economy. As a result of China's closure of production and suspension of deliveries to global value chains and as intermediate inputs, many more countries have stopped much of their production.
International trade is suffering on both the export and import sides. Given the prospect of loss of real demand for inputs, the reaction on the stock market has not been one of over-pricing of commodities.
The trend in the prices of the main commodities has been downward since 201. Lower commodity prices have a direct impact on primary export economies, such as most Latin American economies.