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Commodity curve flattens as Chinese growth dips

Posted on 27 November 2012

Growth in China has slowed from a peak of more than 14 percent in 2007, according to the International Monetary Fund (IMF), to an estimated 7.8 percent this year. The sharp deceleration has changed the outlook for commodities and the companies that produce them.
The impact on prices can be seen in the Thomson Reuters Jefferies CRB commodities index, which plunged from a peak of 473 points in July 2008 to a trough of 200 in December that year. It recovered to 370 points in April last year before falling to 307 last week………………………………………..Full Article: Source


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VRS - who has written 36109 posts on Opalesque Commodities Briefing.


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