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Credit Suisse lowers price targets on commodities

Posted on 04 April 2013

Prices of metals and oil dropped after the investment bank also downgraded estimates and outlook for the coming year. Commodity markets were lower in early trade Wednesday after Credit Suisse analysts said they are expecting weakness in commodity markets over the next few years.
The analysts slashed their price targets for nearly every commodity for 2013 and 2014 because of both lower demand forecasts and, more so, higher supply forecasts………………………………………..Full Article: Source


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