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    market news

    More demand from Asia should drive up metal, potash, oil prices in 2011

    Investing News Network
    Dec. 21, 2010 12:34PM PST
    Resource Investing

    The Winnipeg Free Press.com reports that demand from emerging markets, like China, will float commodity demand in 2011

    The Winnipeg Free Press.com reports that demand from emerging markets, like China, will float commodity demand in 2011.

    The story is quoted as saying:

    Mohr said increasing demand and stockpiling by China and delays in developing deepwater fields in the Gulf of Mexico will contribute to a price hike in light oil, which is expected to climb from an average $79 per barrel in 2010 to US$93

    To access the full story, click here.

    market newschina
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