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Commodity markets outlook : understanding El Nino (anglais)

Ample supplies and weak demand, especially for industrial commodities, contributed to the continued slide in most commodity prices in the third quarter of 2015. Annual price forecasts are revised down for 2015 and 2016. Only a modest recovery is expected in 2016. This issue briefly analyzes the implications of the ongoing El Nino episode and the recent nuclear agreement with Iran for agricultural and energy markets, respectively. Although El Nino...
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