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Rising demand in China and dollar devaluations is driving up commodity prices

Posted on 25 October 2010

From WSJ : China, the world’s second largest economy and the number one energy consumer in the world, is driving up global commodities prices. Markets will se rise in oil, natural gas and metals prices.
Oil demand increase worldwide comes most from China. China is making priority to invest in energy, food and metals. Copper prices recently rose to the levels that prevailed before the 2008 financial crisis while prices for tin hit record highs……………………………………….Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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