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Commodities Briefing - Categorized | Commentaries, Commodity Crisis, Market Pulse more

The softs side of recession

Posted on 27 November 2008

From WSJ: “Soft” commodities are toughing out the hard times. Sugar, cocoa and coffee have outperformed energies, metals and even grains this year. The resilience is thanks to the recession argument that “people still have to eat.”

In recent weeks, all three commodities have shown resilience after a period of falling prices. Sugar and cocoa are among the few commodities up for the year, 7.3% and 11%, respectively, while the overall Dow Jones-AIG Commodity Index is down 35%. Coffee is down 17%….. Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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