Abreast of the Market: Commoditie’s; Wild Ride Looks Set to Continue – WSJ.com

Commodities Nov 22, 2010 No Comments

If this month has felt like a wild ride for stock investors, it has been positively hair-raising for those in the commodities market.

Price swings for raw materials reached the highest levels in more than a year as investors initially celebrated the prospect of U.S. monetary easing and then panicked at the possibility China would be too severe in its attempts to cool its economy.

Prices of everything from gold to copper and cotton leapt to new highs, only to be slapped down just as quickly. Trading volume in many commodities roared to records, including for silver, cotton and corn. Since the beginning of October, the Dow Jones-UBS Commodity Index’s 30-day realized volatility has doubled to 25%, the highest since September

via Abreast of the Market: Commodities’ Wild Ride Looks Set to Continue – WSJ.com.

Rod Sherkin

Rod is a former senior executive, responsible for Purchasing, for both Pillsbury and Ball Packaging back in the 80’s and 90’s. Since then, he has continued to work in the Purchasing field as both a consultant and founder of the website Propurchaser.com.

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