BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Commodity prices hinge on China and the U.S. dollar]]>http://www.bloggingstocks.com/2009/08/24/commodity-prices-hinge-on-china-and-the-u-s-dollar/http://www.bloggingstocks.com/2009/08/24/commodity-prices-hinge-on-china-and-the-u-s-dollar/http://www.bloggingstocks.com/2009/08/24/commodity-prices-hinge-on-china-and-the-u-s-dollar/#commentsFiled under: , , , ,

After last year's crash, commodity prices have been sloshing around without too much direction. Oil has been a noticeable standout, however, moving from $32 per barrel to $74 per barrel.

Sugar has moved from about 15 cents per pound to 22 cents per pound, based on supply and demand factors.

Commodity traders are in a quandary about prices going forward. They are looking primarily at China and the U.S. dollar, reports BusinessWeek.

Continue reading Commodity prices hinge on China and the U.S. dollar

Commodity prices hinge on China and the U.S. dollar originally appeared on BloggingStocks on Mon, 24 Aug 2009 12:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Chinacommodity pricesinthenewsPat FlynnPFGBESTU.S. dollarMon, 24 Aug 2009 12:40:00 EST