Any speculations about commodity prices cooling off with slower world GDP growth
can be put to rest. As per the World Bank estimates, prices of energy,
agricultural and metal commodities are set to remain nearly double of 2005
prices in 2013. While the prices of energy and agricultural commodities may
cool off a bit after peaking in 2011, metal prices would continue to remain hot.
No wonder commodity investors are far from calling it a day.
Data source: World Bank |
No comments:
Post a Comment