Sun, Apr 20, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Research, Trends more

World Bank issues commodities outlook

Posted on 07 February 2013

The World Bank has just released its latest Commodity Market Outlook and the short version of the report is that commodity prices should “ease marginally” this year. But as the report notes in its first sentence, it was the volatility that hurt in 2012.
The good news is that the World Bank sees crude oil prices down 3% to an average of $102 a barrel and food prices down 3% as well. There are risks to these prices, of course, and when one of those risks appears on the horizon, commodity prices go up. When the risk recedes or fails to materialize, the price drops. That’s volatility for you………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930