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Commodity prices poised to keep falling, and the end isn't yet in sight
Published Mon, Oct 5, 2015 · 09:50 PM
New York
IT'S hard not to notice that commodity prices have been plummeting. It seems the price of everything that is grown or pulled out of the ground - from oil and gas to sugar and copper - has declined 46 per cent since early 2011, causing bankruptcies and industry consolidation.
Prepare for further big declines. Directly or indirectly, developed countries consume most commodities. Yet economic gro…
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