| From Bivinteractive.com: The commodities market ended 2010 on a high note, which is good news for resource companies heading into 2011. According to a Scotiabank commodity price index report released Thursday, price trends in 32 of Canada’s major exports jumped 5.5% in December compared with the month before – and the trend has continued into 2011 with China continuing to demand natural resources.
“While prices retreated on January 20 after news China’s GDP grew by a faster-than-expected 9.8% in 2010:Q4, up from 9.6% in Q3, suggesting the need to tighten monetary policy further to stem inflation, we continue to believe that China’s economy will expand at a healthy clip in 2011,” commented Patricia Mohr, Scotiabank’s vice-president economics..............................................Full Article: Source
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