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The decline of most world commodity prices came to an end in recent months. The aggregate dollar price level was 15 per cent lower in the first quarter of 1999 compared to a year previously, and since autumn 1997 it even decreased by about 30 per cent. Oil prices fell particularly sharply, but...
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The monetary policy discussion centering around the dollar and the economic policy measures of the US Administration have been causing great confusion In some of the world’s commodity markets. The general uncertainty Is likely to persist In the markets In 1972.
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For two years now the international raw materials markets have been characterised by a lasting slump. The weak and short-lived reactions to the Falklands crisis and to the intensification of hostilities between Israel and its Arab neighbours are indicative of the situation. During this year's...
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Following the abatement of the boom market during the early months of 1983, the coming months will see an “adjustment” of world market prices for industrial raw materials to “fundamental” market conditions. Price fluctuations are likely during this period. A gradual increase in demand...
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