30.04.2012 - Calm times ahead for commodity markets
World commodity markets – energy products, base and precious metals as well as agriculture - have generally traded in a narrow range in recent weeks with no fresh trigger to provide a decisive direction. Last week was no different. Although at high levels, crude oil market witnessed range-bound trading as geopolitical tensions seem to be easing. Base metals prices too have been trading in a tight range simply because global growth concerns have not disappeared yet, although positive signals are emerging...............................................Full Article: Source
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