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Calm times ahead for commodity markets

Posted on 30 April 2012

World commodity markets – energy products, base and precious metals as well as agriculture - have generally traded in a narrow range in recent weeks with no fresh trigger to provide a decisive direction. Last week was no different.
Although at high levels, crude oil market witnessed range-bound trading as geopolitical tensions seem to be easing. Base metals prices too have been trading in a tight range simply because global growth concerns have not disappeared yet, although positive signals are emerging………………………………………..Full Article: Source


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