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Commodities Briefing - Categorized | Commentaries, Commodity Crisis, Investment, Market Moves more

Five beneficiaries of lower commodity costs

Posted on 10 November 2008

From Washingtonpost.com: Government officials are considering stimulus packages as a way to put more money in consumer pockets. But if commodity prices continue their decline, consumers may not need the extra boost quite so much.

Prices of commodities, which are the raw materials that go into the goods consumers use, have fallen precipitously over the past three months. The most dramatic move has been in the price of oil, which peaked at $147 a barrel on July 11 and closed November 5 at $65.39….. Full Article: Source


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VRS - who has written 37188 posts on Opalesque Commodities Briefing.


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