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Commodities Briefing - Categorized | Agriculture, Price Watch more

ANZ downbeat on farm commodity prices - for now

Posted on 08 November 2012

Australia & New Zealand Bank urged caution – for now - among investors expecting gains in agricultural commodity prices, flagging factors such as a weak Brazilian currency, and slow economic growth in capping values.
The bank said that it expected prices of commodities overall “to improve in the coming months”, helped by signs of improving economies in the US and China, a huge buyer of raw materials, which “appears to be turning the corner”………………………………………..Full Article: Source


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