20.11.2008 - Outlook bleak for commodity prices
From Skynews.com.au: The outlook remains bleak for commodity prices with more falls expected next year for coal, iron ore and base metal prices. Surpluses have been building in a host of commodities as the financial crisis grips and consumer demand slows, driving prices down. Economists and analysts alike are predicting the weakness to continue well into next year. 'Copper really is the bell weather commodity out of the lot, that's the one that really gets looked at,' Chris Weston from IG Markets said. 'There is a lot of talk it could fall considerably.'.... Full Article: Source
Print