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How the world’s 7 bln people affect commodities prices and metals demand

Posted on 01 November 2011

Well, today — give or take — the world is 7 billion people big. That, at least, is what the UN has been saying. The fact that the world’s population hit 7 billion is almost less astounding than the fact that it was 6 billion only 12 years ago! That means, of course, that each milestone is coming exponentially faster.
Perhaps the more worrisome issue is how to stretch our finite commodities resources over the exploding population’s needs. The obvious commodities in this case – agricultural crops and water – will be the most immediately strained in the upcoming decades. But how will raw industrial materials – minerals, ores and oils – and the industrial metals that depend on them be affected?……………………………………….Full Article: Source


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VRS - who has written 36568 posts on Opalesque Commodities Briefing.


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