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Commodities Briefing - Categorized | Commodity Crisis, Market Moves, Research more

Commodity supercycle is basically over, says Citi

Posted on 16 April 2013

Citi Research has called an end to the supercycle for commodities but that shouldn’t come as a surprise given that it warned of a supercycle “sunset” back in March of last year. In a report dated Friday, Citi said it expects 2013 to be year in which “the death bells ring for the commodity supercycle after its duly noted sunset.” A supercycle refers to decades-long price movements.
The commodities sector saw broad losses on Monday, with gold futures logging their biggest one-day drop since the 1980s on Monday, and oil futures finishing at their lowest settlement level of the year………………………………………..Full Article: Source


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