The World Bank is expected to rise in commodity prices in 2017
Economy News _ Baghdad:
Last updated 02/05/2017
- 12:06
The World Bank predicted rise in industrial commodity prices, especially energy and minerals during 2017 and 2018

The bank said in a report seen by the "Economy News", oil prices Sthom around $ 55 a barrel this year to rise to $ 60 a barrel in 2018

As for commodity prices of natural gas and coal bank, it expects to rise 26% this year and 8% in 2018

The report noted that the rise in natural gas prices in the United States will pay the price of gas worldwide to rise by 15% this year while pay restrictions on the supply of China's coal prices to rise 6%.

And the prices of goods excluding energy minerals, as prices of agricultural commodities and fertilizers to grow expect the report this year as the first increase in five years

The report also predicted that steel prices grow by 16% supported by higher demand, especially from China