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Deutsche Bank sees ‘subdued’ commodity prices as supercycle ends

Posted on 19 June 2013

Deutsche Bank AG (DB) said commodity prices are poised to remain in “subdued territory for years to come” after a bull run that drove prices up almost fourfold in the last 12 years.
Banks from Citigroup Inc. to Goldman Sachs Inc. have called an end to the commodities supercycle as the economy in China, top user of raw materials, grows at a slower pace and the country shifts to consumer-driven growth. The Standard & Poor’s GSCI Index of 24 raw materials fell 2.5 percent this year after almost quadrupling since 2001………………………………………..Full Article: Source


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