No all-clear for the industry

mine in South Africa

A boom in demand meets a limited supply – this drives up commodity prices.

(Photo: mauritius images / Sunshine Seeds / Alamy)

Zurich, Dusseldorf High prices for energy, plastics and metals remain a significant cost risk for German industry. Industry experts are convinced of this in an interview with the Handelsblatt newspaper – although commodity prices have fallen across the board since their boom last March.

Lars-Peter Häfele, Managing Director of the purchasing consultant Inverto, says: “We are observing a certain normalization in raw material prices across the board – albeit at a high level.” price peaks for individual raw materials can quickly return.”

Ehsan Khoman, commodities expert at Bank MUFG, takes a similar view. With a view to the still high prices for crude oil, gas and diesel, he warns: “The energy crisis is far from over.”

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