Commodity Prices Under the Impact of Geopolitical Uncertainties

The overall commodity index has increased by 7% since the beginning of January 2025, driven by especially metals, whereas meat, vegetable oil and sugar prices have been decreasing since December 2024. The expected higher U.S. tariffs imposed on goods from all imports create uncertainty and could keep the container index on the downward trend. Despite these geopolitical uncertainties, we will continue towards a seamless and efficient trading environment in close collaboration with our customers.

This Market and Business Update intends to give you an indication of the expected price development of the most important commodities within provisions and stores, freight rates, supply chain obstacles and challenges in major ports - including Rio de Janeiro, Macaé, Vitória and Recife.

Read the full Update here