Commodity Prices To Moderate Further? "Group of 20 finance ministers meeting in Venice on Saturday signaled alarm over threats that could derail a fragile global recovery, saying new variants of the coronavirus and an uneven pace of vaccination could undermine a brightening outlook for the world economy. China’s state media also cited several analysts Monday saying domestic growth will slow in the second half because of an uncertain global recovery.
China’s slowing recovery also reinforces the view that factory inflation has likely peaked and commodity prices could moderate further."
https://www.bloomberg.com/news/articles/2021-07-11/china-s-fading-first-in-first-out-rebound-sends-global-warning