Wed, Aug 27, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Moves more

The end of the commodities super cycle

Posted on 07 December 2012

Has the so-called commodities super cycle, which has benefited economically backward but resource-rich countries for the better part of two decades and contributed to an astonishing increase in global trade, run its course?
Economists are arguing that, with the prices of such elemental goods as coal, oil, copper and grains having fallen dramatically, the cycle is over. In the past two years, coal prices have fallen by 40.3 percent from their peak, oil is off by 19.1 percent despite Gulf tensions and copper has declined by18.5 percent. Grain price declines have been relatively moderate, with corn and soybean prices showing drops of around 10 percent………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36638 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31