Wed, Jul 23, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Index, Trading more

Scotiabank’s Commodity Price Index loses further ground in September

Posted on 31 October 2013

Scotiabank’s Commodity Price Index fell in September, declining 2.8% month over month (m/m) and 3.8% year over year (yr/yr). While the All Items Index will likely fall further over the balance of 2013, the correction in commodity prices, especially in metals and minerals, since April 2011 should be largely over by year-end.
“Traditionally, junior mining companies have been important contributors to mineral exploration across Canada, finding and delineating deposits, before selling them to senior producers for development,” said Patricia Mohr, Scotiabank’s Vice President of Economics and Commodity Market Specialist. “However, equity capital raised by junior mining companies on the TSX Venture plunged in 2012 and has moved even lower in 2013 year to date. (Press Release)


 Article link

This post was written by:

VRS - who has written 36088 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

July 2014
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031