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Showing posts with label Commodity Prices. Show all posts
Showing posts with label Commodity Prices. Show all posts

Saturday, January 31, 2015

Brian Gaynor: Volatile commodities set to be big news this year


The massive volatility in commodity prices, mostly price falls, was a major business story last year. There is a strong probability that commodity prices will continue to be an important story in 2015, particularly in Australia and New Zealand where commodities are significant export earners.

Crude oil prices plunged 48 per cent last year while coffee, which is the world’s second largest traded commodity, experienced a 50.5 per cent price surge.