2000s commodities boom
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The 2000s commodities boom was the rise, and fall, of many physical commodity prices (such as those of food, oil, metals, chemicals, fuels and the like) during the early 21st century (2000–2014), following the Great Commodities Depression of the 1980s and 1990s. The boom was largely due to the rising demand from emerging markets such as the BRIC countries, particularly China during the period from 1992 to 2013, as well as the result of concerns over long-term supply availability. There was a sharp down-turn in prices during 2008 and early 2009 as a result of the credit crunch and sovereign debt crisis, but prices began to rise as demand recovered from late 2009 to mid-2010.
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See also
- 2000s energy crisis
- 2007-2008 world food price crisis
- Late-2000s recession
- Dot-com bubble
- Tantalum capacitor
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