27.04.2011 - Scotiabank sees commodity prices being 'mid-cycle'
Scotiabank's Commodity Price Index, which measures price trends in 32 of Canada's main exports, rose for the ninth consecutive month in March, the group said on Tuesday. The index rose by 1,3% month over month, to a level 50,9% above an April 2009 low. However, Scotia's metal and mineral index actually inched down in March by 0,1% month-on-month, as slightly lower copper, zinc, nickel and uranium prices just offset a further gain in fertilisers and stronger precious metal prices..............................................Full Article: Source
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