Once the world gets the Covid-19 pandemic under control, poaching of elephants could skyrocket again because of the accumulated demand for ivory in the world's black markets. Daniel Stiles, an independent investigator who specialises in illegal trade in wildlife and wildlife products, warns that a recent rise in black-market prices for ivory in Vietnam and China are disturbing signs. He says this in a report that forms part of a series by the Global Initiative against Transnational Organised Crime (GI-TOC). In this report, market dynamics as well as the trade prices of illegal wildlife and wildlife products are examined. Stiles says although elephant poaching rates have reached their lowest point since 2003, that could all change within the next two years as there is still a strong demand for ivory.