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OECD sees real demand driving commodity prices

Posted on 28 February 2011

From WSJ: A report being prepared for the world’s Group of 20 leading economies indicates the main factor behind rising prices for wheat, sugar, cotton, metals, oil and other commodities isn’t speculators, as some have suggested, but that the global demand to consume these goods is growing faster than the supply.
The Organization for Economic Cooperation and Development’s study, which is being put together ahead of the next G-20 meeting of top finance officials in April in Washington, may lead to increased efforts to boost commodities output around the world……………………………………….Full Article: Source


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