18.03.2011 - Global demand for commodities still strong
Commodity prices are expected to remain high supported by supply constraints, continuous strong demand as well as Japan's massive reconstruction after last week's earthquake and tsunami. “The market is in a panic mode and the situation may continue in the short term. “However, over the medium-term, Japan, after this terrible disaster, will need massive reconstruction and that will support demand for commodities for building, all kinds of commodities and specifically energy,” Amudi Asset Management product specialist, global resources, Sudeshna Andre said..............................................Full Article: Source
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