06.10.2008 - Base metals under pressure
From Theaustralian.news.com.au: Base metals are facing another week of price pressure as the global financial crisis grinds on, an anaemic recovery on Friday night failing to change the fact that last week was the worst for commodities since 1956. Falling oil and farm commodity prices did much of the damage, but metals are reaching levels where producers are facing narrowing margins. The Reuters/Jeffries CRB commodities index fell 10 per cent over the week, the biggest one-week fall in 52 years...... Full Article: Source
Print