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Global warming of commodity prices
August 4, 2010 @ 1:42 pm In Other Editorial
Csdtin.com.au reported on Global warming of commodity prices:
After a little number-crunching, the pattern that emerges when compiling the CRU forecast 2012
commodity price data is a relatively simple one. Simple in that a global warming of average
commodity prices from current levels is indicated by 2012. Taking a somewhat polarised view on the forecasts across the 23-strong commodity dataset, the answer is clear-cut (no doubt far more decisive that the upcoming Australian Federal Election results): 15 mineral commodities are forecast to rise to 2012 whereas 8 are forecast to weaken in price by that time.
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