15.06.2012 - Bearish commodity outlook a boon for Indian industries?
The global prices of commodities, from crude oil to coal to metals, have turned soft. A combination of fundamental and liquidity-related factors appears to be influencing that slide. The Thomson Reuters/Jefferies CRB Commodity Index has fallen 17% from its 2012 high, and is down 22.3% from a year ago. On Wednesday, the Financial Times newspaper reported on its website that mining conglomerate BHP Billiton Ltd has cut its outlook for commodity prices, used in making internal forecasts, for the next three-five years...............................................Full Article: Source
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