Commodities Sink on Fears China Will Act to Curb Inflation – WSJ.com

Commodities Nov 17, 2010 No Comments

Commodities markets tumbled Tuesday as a potential Chinese war on inflation loomed.

Energy, metal and agricultural products plunged on fears that China will act to fight price increases, less than a month after raising interest rates. The losses added to steep declines Friday, after China’s inflation rate was reported up 4.4% in October from a year ago.

via Commodities Sink on Fears China Will Act to Curb Inflation – WSJ.com.

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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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