In this place we regularly published the HWWA Index of World Market Prices which has been computed since the fifties and was a comprehensive indicator of the price movements of the major raw materials traded in the world markets. Unavoidably, an, index of this kind has to be adjusted from time...

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...