Limited impact emerging markets turmoil on commodity prices

by: Hans van Cleef , Casper Burgering

Commodity Update 6 Feb 2014.pdf ()
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The nervousness among emerging market currencies hardly had an impact on commodity prices. In fact, oil prices traded within narrow ranges and US natural gas even saw strong support. In this update we will zoom into oil price developments and the recent rallies in coffee and sugar. Furthermore, we will focus on development within base metal markets and the current weakness in prices.