30.08.2010 - Key commodity prices set to spike, warn analysts
From Asianinvestor.net: Banks and fund managers forecast continuing growth in demand for natural gas and oil and a supply crisis in iron ore, copper and coal, leading to sharp price rises in those commodities. Analysts cite a combination of reasons for their outlook. One is that there will be supply issues for raw materials due to a fallout from the 2008 financial crisis, when a vast number of mining projects were derailed. Moreover, environmental clearance will become harder to get in future, particularly in light of the recent BP oil spill in the Gulf of Mexico...........................................Full Article: Source
Print