23.12.2010 - Prices soar as investors rush for commodities
From Theaustralian.com.au: Commodity prices are breaking records in an investment stampede inspired by extreme weather, demand from China and rising speculation. The price surge is sweeping almost all commodity markets -- both minerals and farm goods -- and raises the prospect of government and Reserve Bank forecasts proving conservative. Copper hit a record $US9392 a tonne yesterday, while cotton is also at record levels and sugar is at a 30-year high..............................................Full Article: Source
Print