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Commodity price rout: World Bank sees continued slide for this year

The World Bank says agricultural prices will continue falling on the back of abundant supply and high grain stocks - the effects of the El Nino weather pattern notwithstanding.


PRICES of all main commodities are expected to continue their five year-long slide throughout this year, and make only a "modest recovery" next year, the World Bank said on Tuesday, in a report offering little comfort to hard-hit producers in Asia and elsewhere.

Oil prices