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// By Gavin Wendt
Resource Markets Since Pandemic Outbreak What’s Happened, Why and Where We Are Right Now
T
he resources sector has performed strongly for the past two years, recovering strongly from the pandemic lows of early 2020, and this momentum culminated in a very strong Q4 2021 performance, which in turn has generated positive momentum into 2022. This scenario is reflected in the robust performance of the Bloomberg Commodity Index over the past couple of years.
we initially saw China doing most of the heavy lifting as far as commodity demand was concerned, boosted by government stimulus measures. This led to record prices of iron ore, in particular. The bulk commodity has been a key ingredient in China’s economic growth policy for decades, used in residential construction and steel production on a mammoth scale.
In the immediate pandemic environment of 2020,
Iron ore prices have eased significantly from their
24 MicroCap Review Magazine
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