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Commodities rally on US weather, Ukraine crisis

But Citi and Goldman say rally won't last as supply surpluses start to emerge

Big gains: About US$200 billion was added to worldwide share values in the first quarter. The S&P 500 rose 1.3 per cent following the biggest annual rally in 16 years. - PHOTO: BLOOMBERG

A YEAR after Citigroup Inc declared the decade-long run of commodity gains over, wacky weather, dead piglets and Vladimir Putin have gotten in the way. While Citigroup rang "death bells" in April 2013 for the synchronised super cycle fuelled by economic growth in China, extreme weather and...

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