Are we in the early stages of a commodities super-cycle?
Booming demand for commodities can be an indicator We are currently observing record prices for a range of commodities, including the all-important iron ore price. Copper has also seen a strong performance in the past year and, with cereal and dairy prices continue to be firm. There has been a lot of talk recently among market commentators that there could be a commodity super-cycle brewing. An extended period of booming demand for a wide array of commodities, leading to a surge in their prices, which could…
Asian investment boom seen in Latin America
Selling soybeans, iron and copper ore and other commodities to Asian countries has transformed Latin America over the past decade, stabilizing economies despite worldwide crises and lifting tens of millions of people into the middle class. Now, say officials from both Asia and Latin America, a second gold rush is under way. by The Associated Press Asian investors flush with hundreds of billions of dollars in cash now see Latin America as a top business opportunity, and they’re flooding into manufacturing,…
