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Hit on commodities seen as short-term

Posted on 30 November 1999

Mark Carney

Southwest airline southwest airlines 913

The Japanese earthquake of March 11 and tsunami took a toll on some commodity prices in mid-March, but the negative fallout is likely to prove temporary as Japan gears up its economy again, Scotiabank’s commodities expert Patricia Mohr said.

Scotiabank’s commodity price index, covering 32 of Canada’s major exports, rose 1.1 per cent in February from January, for the eight consecutive monthly gain and reaching 49 per cent above the cyclical low set in April 2009……………………………………..Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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