Thanks to the fall of world prices for steel, white tin, copper and chrome in 2014, world prices for main food products will decrease. This is stated in a special study of the UN.
The ongoing fall in the cost of raw materials will entail a reduction in the cost of the production of palm oil, fruits, vegetables and meat. In addition, containers and packaging costs will be reduced.
Thus, most consumer goods and food will become cheaper in the coming year after falling prices for agricultural crops and raw materials in world markets.
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Metallurgy news
- 23 April 2025
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