Thu, Oct 23, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Commodity Crisis, Index more

Revenue from Australia’s commodity exports to plunge

Posted on 04 March 2009

From News.com.au: The value of Australia’s commodity exports will plunge 17 per cent in fiscal 2010 due to lower returns from mineral and energy exports. At the same time, the Australian Bureau of Agricultural and Resource Economics said the Australian dollar would drift lower in fiscal 2010 to average at US68 cents, and 55 on a trade-weighted index basis.

In its first outlook statement for the fiscal year that starts July 1, the Federal Government’s chief commodities forecaster said it expected the value of commodity exports to fall to $161.7 billion, from a revised estimate of $195.7 billion for this financial year….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 37608 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031