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Market divided over commodities falls

Source: Financial Times, 5th August 2011

Is the commodities boom over? The market is deeply split.

While prices of raw materials such as copper and crude oil fell this week, they remain at historically elevated levels above $100 a barrel and $9,000 a tonne, respectively. But shares in the producers of these commodities have suffered a collapse that has inspired comparisons with the 2008 financial crisis. Miners, oil and gas companies and commodities traders have tumbled in some cases nearly 20 per cent over the course of the week.

Read the full article on FT.com

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