Singapore
THE past year has taken its toll on the commodity sector. Triggered by a supply glut, prices for key commodities continued to languish in the second half of 2014, wiping off earlier gains.
With a bleak outlook for the sector this year, analysts are slightly more upbeat on mainboard-listed commodity firms - Wilmar International, Noble Group and Olam International - which have historically fared well against global peers, bagging higher turnover and net profits.
By Wednesday, the Bloomberg Commodity Index, which tracks 22 raw materials including gold, soya beans and natural gas, had slumped 17 per cent year to date (YTD). Brent crude led the fall, having more than halved in value since its...