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Commodity Market View

Oil prices edge higher on Syrian crisis

Source: Financial Times, 17th June 2013

Concerns that the Syrian conflict would spill over to neighbouring countries, following the US announcement that it would provide arms to rebel groups, pushed up oil prices

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Aluminium leads falls across metals

Source: Financial Times, 17th June 2013

Investors and traders are fretting about the outlook for economic growth in China and at the same time worrying that signs of a better outlook in the US may lead to tightening monetary policy

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IMAGE Investors likely to push gold to $1,200/oz this year

London, 17 June 2013

Paradigm shift among gold investors: On 2 April Societe Generale released a special report “The end of the gold era” in which they forecast that gold would fall to $1375/oz by the end of 2013. The price at the time of publication was $1600/oz. Within two weeks prices had reached $1360/oz.... Read More...

Commodity Market Reports

IMAGE Hunger about more than food production

Rome, 15 June 2013

If the world wants to conquer hunger, it needs to tackle all the causes of hunger simultaneously particularly poverty, and not just concentrate on producing more food, Amartya Sen, Nobel Laureate in Economics, told the opening session of the FAO Conference.

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IMAGE More balanced food commodity markets seen in 2013/14

Rome, 13 June 2013

Food commodity markets, in particular for cereals, are set to be more balanced in 2013/14, according to FAO's Food Outlook report published today. World food imports in 2013 are tentatively forecast at $1.09 trillion, close to last year's level, but 13 percent below the record of 2011, the biannual report on global food markets said. Higher bills for fish and livestock products are anticipated... Read More...

IMAGE Global Trends in Renewable Energy Investment 2013

London, 12 June 2013

Global Trends in Renewable Energy Investment 2013 is the sixth edition of the United Nations Environment Programme (UNEP) report. Based on data from Bloomberg New Energy Finance, it has become the world’s foremost reference document for renewable energy investment statistics, and for the examination of trends by region, country, sector and investment type.

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