06.02.2014 - Is World Bank’s base metal price forecast a shocker?
The World Bank thinks we are in for generally lower metal prices in 2014, continuing the trend of the last two years as slowing growth in the world’s largest metal consumer, China, fuels a negative attitude towards commodities in general as an asset class. In a recent quarterly report, covered by the Financial Times, the World Bank said prices of the main commodities – energy, metals, agriculture and fertilizers – are expected to decline for the second successive year in 2014...............................................Full Article: Source
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