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Commodities Briefing - Categorized | Index, Price Watch more

Commodity prices move higher in March, weakness ahead for industrial metals: Scotiabank

Posted on 30 April 2013

Commodity prices nudged up slightly in March just ahead of the steep sell-off in gold mid-April. Scotiabank’s Commodity Price Index rose 1.6 per cent month over month. Traders are bracing for more uncertainty following a reality check in China’s economic growth, which rose less than expected at 7.7 per cent in the first quarter of 2013.
Oil and gas was the strongest sub-category as prices rose 6.8 per cent from February. Natural gas reached its highest level since July 2011 as the winter dragged on in North America………………………………………..Full Article: Source


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