GENERAL ASSESSMENT OF PRICE TRENDS IN THE MAIN INTERNATIONAL COMMODITY MARKETS IN 2012 AND PROSPECTS for 2013

Maria Cartas

Conjunctura economiei mondiale / World Economic Studies, 2013

Abstract: The article analyses the main developments of the international commodity markets in 2012, emphasizing the declining trend of prices in 2012/2011, reflecting a generally weaker demand and an uncertain global economic outlook. However, world commodity prices were still situated at relatively high levels compared to the historical levels, recorded before the world economic crisis outburst (2009). The short term prospects show a general decline for all the main commodity markets, including oil, with an average contraction of 2% in 2013/2012. The analysis goes in depth by individual commodity markets. The market study reveals the role played by China, the major actor of the global commodity market and the largest world market, in influencing international commodity prices.

Keywords: commodity (oil; metals; agricultural raw materials); markets; prices; trends; prospects (search for similar items in EconPapers)
JEL-codes: F01 F02 F59 F63 O53 Q02 Q11 Q31 Q41 (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iem:conjun:y:2013:id:2822000009562127

Access Statistics for this article

Conjunctura economiei mondiale / World Economic Studies is currently edited by Simona Moagar Poladian, PhD

More articles in Conjunctura economiei mondiale / World Economic Studies from Institute for World Economy, Romanian Academy Contact information at EDIRC.
Bibliographic data for series maintained by Ionela Baltatescu ( this e-mail address is bad, please contact ).