Projections Commodity Prices That Will Sparkle

Pin It Now!

Based on Reuters index, orange juice is expected to be a commodity with the fourth highest price increase this year over rising prices of sugar, soybean, and nickel. In the meantime, was first on commodities with the highest price increase is gasoline. When the crisis in 2007-2008, world oil prices increased to reach the figure of U.S. $ 140 per barrel. Oil really became a prima donna in 2008. The world then began to desperate search for alternative energy in order to suppress the cost of production. However, oil prices were high when judged more because of the expectations because there is no shock in the world happened at the time.

State-oil exporting countries big smile because their export value increased many times over. Indonesia was immediately reacted by raising fuel prices. The next thing that happens is inflation. That did not last long. Oil prices began to decline to reach U.S. $ 37 per barrel. The world began to draw a sigh of relief. However, it is estimated, breathing world of re-starting tight because now, in 2009, many analysts predict that the level of world economies of the maximum oil price of U.S. $ 75 per barrel.

Then, what is most commodities shine in 2009? Reuters index or Jeffries CRB index which is commonly used to view the most commodities are traded. World commodity price movements caused more by the weakening U.S. dollar and the world community's expectations that the economy will soon improve, thereby increasing demand and ultimately increase the price of commodities.

The following is based on ten commodity index Reuters will experience higher prices than most other commodities in 2009, with this written note is not intended to forecast or be a reference in conducting any investment actions.