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

Bull market in commodities at an end, for now

Posted on 14 October 2008

From IHT: The global financial panic and the economic slowdown have put at least a temporary end to the commodity bull market of the last seven years, sending prices tumbling for many of the raw ingredients of the world economy.

Since the spring and early summer, when prices for many commodities peaked amid fears of permanent shortage, wheat and corn — two cereals at the base of the human food chain — have dropped more than 40 percent. Oil has dropped 44 percent. Important metals like aluminum, copper, nickel and platinum have declined by a third or more…… Full Article: Source


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