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Commodities Briefing - Categorized | Financial, Market Moves more

Inflation in commodities market: Just a myth?

Posted on 11 February 2013

Everyone is currently worried about inflation with the central banks printing like there is no tomorrow. But the actual inflation numbers are much less than people think inflation is in their everyday lives. For example, Let`s look at Cocoa prices, literally at the bottom of their five year range at 2,227 per ton, well below the 3,800 per ton level established in March of 2011.
If we take Rough Rice which closed at $16.34 per cwt. it is well below the highs of $22.65 and $19.02 per cwt. established in April 2008 and September 2011 respectively……………………………………….Full Article: Source


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This post was written by:

VRS - who has written 38089 posts on Opalesque Commodities Briefing.


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