You are here

Citigroup cuts iron ore, coal outlook as oil rout reduces supply costs

Thursday, January 15, 2015 - 05:50

Singapore

CITIGROUP Inc reduced iron ore and coal forecasts as cheaper oil and declines in producers' currencies combine to cut supply costs, signalling that the energy rout is feeding through to other commodities. Miners' shares sank, with Rio Tinto Group plunging in London as copper

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom