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Commodity markets to bottom in 2009: Forrest

Posted on 03 February 2009

From Theaustralian.news.com.au: Fortescue Metals Group chief executive Andrew Forrest has tipped commodity markets to bottom in 2009. “2009…I think will be the bottom of the market,” Forrest said.

Forrest said the drivers of the mining boom remain intact and that stimulus packages being put in place by the Chinese government will quickly boost its economy and turn around demand for commodities….. Full Article: Source


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VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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