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Rabobank 2013 commodities outlook

Posted on 29 November 2012

Rabobank 2013 Commodities Outlook: Agri markets to remain volatile as fundamentals ‘rebalance on a tightrope’. Volatility in agri commodity prices looks set to continue into 2013, according to a report from Rabobank’s Agri Commodity Markets Research department. This will be particularly true for grain and oilseeds markets, with a supply squeeze in the first six months expected to push prices higher, before an expected production rebound leads to a weakening in prices in the second half of the year.
The report says soymeal is the commodity likely to show the largest price decline by the end of 2013. In contrast, Rabobank analysts expect palm oil to be the strongest performer, as Chinese imports and biofuel demand drive prices higher after the sell-off in 2012………………………………………..Full Article: Source


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