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Commodity prices saw ‘modest’ decline in May: Scotiabank

Posted on 29 June 2011

Patricia MohrPrices for Canada’s main export commodities were down in May but not as much as might have been expected given the volatility of markets that month, according to a monthly index.
The Bank of Nova Scotia said Tuesday its commodity price index fell a “modest” 2.6 per cent in May, while acknowledging that goods not subject to daily fluctuations on the open market proved more stable than exchange-traded materials……………………………………….Full Article: Source


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