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Commodities Briefing - Categorized | Commodity Crisis, Market Moves more

Commodities drop on demand concerns amid Europe discord on debt

Posted on 25 September 2012

Jonathan BarrattCommodities fell, heading for the first monthly decline since May, as discord over Europe’s debt crisis and fading business optimism in China pointed to a deeper slowdown that may reduce demand for energy, metals and grains.
The Standard & Poor’s GSCI Spot Index of 24 raw materials fell 0.9 percent to settle at 657.68 at 4 p.m. New York time, led by cocoa, silver and aluminum. The gauge slid 4.4 percent last week, the most since June 1, and has dropped 2.6 percent this month………………………………………..Full Article: Source


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