| In the latest edition of Scotiabank's Commodity Price Index, economist Patricia Mohr observed, "Significant industry growth in potash, coking coal, gold and nickel - as well as the inclusion of iron ore - has boosted the weight of metals and minerals within the index."
The trade weight of metals and mineral in the index has risen slightly from 26.8% to 30.1%, "partly due to the inclusion of the rapidly expanding iron ore trade from Labrador/northern Quebec to China as well as Europe," Mohr said...............................................Full Article: Source
|