| Largely stable global commodity prices that ensure continued flow of investment into production will be in India's long-term interest. In recent months, leading indicators have consistently signalled a slowdown in economic activity around the world, especially in the OECD region.
Concerns over the global economic slowdown, triggered primarily by the unresolved sovereign debt crisis in the Euro zone and twin deficits in the US, have resulted in sharp declines in commodity prices in recent weeks. Punters have rapidly liquidated their long positions fearing demand destruction. This has accelerated the price decline..............................................Full Article: Source
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