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Analysts do not see any recovery this year for commodities prices

Iron ore prices tumbled 40 per cent last year due to global oversupply and shrinking Chinese steel demand, marking a third year of losses. The rout is seen stretching into this year.


A DECADE-OLD commodity boom came crashing to an end in 2015, hurting energy and mining companies and punishing prices as China's industrial rise and appetite for raw materials slowed. The outlook for 2016 is not much better.

The Thomson Reuters Core Commodity Index fell...