03.02.2011 - Commodity prices to rise in 2011 —WTO
From Thecitizen.co.tz: Economic recovery will make food, metals and other raw materials more expensive in 2011, the head of the World Trade Organisation (WTO) said this week. Addressing a United Nations conference, WTO director-general Pascal Lamy said the prices of crude oil, copper, gold, corn and soybeans would rise most this year, with less pronounced increases in natural gas, zinc and cattle. "2011 will see the prices of most commodities rise, as the rise in global GDP bolsters demand, led by emerging economies," he said, estimating worldwide economic output would increase four per cent in 2011..............................................Full Article: Source
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