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ABN AMRO predicts commodity price increases
25 January 2012
ABN AMRO has predicted price increases by the end of 2012 for a range of commodities including Brent oil, natural gas, silver, palladium, aluminium and zinc.
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Commodity prices
ABN AMRO has predicted price increases by the end of 2012 for a range of commodities including Brent oil, natural gas, silver, palladium, aluminium and zinc.
In its Quarterly Commodity Outlook the bank said it also expects a near-term correction for platinum and significant declines in the longer term for gold, nickel and iron ore.
In its latest report the bank reversed its earlier negative rating for commodities as an asset class, published in November 2011, to neutral and stated that...
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