As the Chinese Take a Breather, Commodity Markets Gasp

Commodities Oct 03, 2011 No Comments

CommoditiesThe index of 19 widely consumed commodities ended the quarter down 11.3%, suddenly hit by the prospect that a slowdown in China and other fast-growing emerging markets will remove a major remaining price support.

Recent years have demonstrated how Chinese demand can buoy commodity prices even in a stormy world.

But recent days showed how raw-material markets can react if investors think China’s ship could be listing, too.

via As the Chinese Take a Breather, Commodity Markets Gasp – 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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