Sat, Jan 25, 2020
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Financial, Listings/IPO/Stock Market more

Commodity Rout Erases $2 Trillion From Stock Values

Posted on 21 August 2015

Prices have plunged after years of overinvestment led to a supply glut at the same time that economic growth is slowing in China. The value that commodity producers have lost in the past year almost equals India’s entire economy.
Slumping prices for raw materials have wiped out $2.05 trillion from the shares of mining and oil companies since the middle of last year, data compiled by Bloomberg show. That compares with India’s $2.07 trillion gross domestic product………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 48800 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2020
S M T W T F S
« Nov    
 1234
567891011
12131415161718
19202122232425
262728293031