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Commodities largely up in Q3 but remain down for full year to date

Posted on 11 October 2012

Commodity prices mostly made a comeback in Q3, led by sharp rises in many agriculture products driven by the drought in the US, but all told prices are mostly down for the full year, as the steady, multi-year rise in input prices has reverse itself since early 2011. Overall, commodity prices had been on the march higher for nearly a decade.
After rising rapidly during the mid-2000s, commodities naturally enough hit the skids in late 2008 and 2009 during the financial crisis, finding a bottom in about November of 2009, according to the often cited Reuters CRB Commodity Index……………………………………….Full Article: Source


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VRS - who has written 36171 posts on Opalesque Commodities Briefing.


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