CP:UBS reports that copper, rubber and cotton will decrease in prices in the next 6 months
In the next 6 months copper, cotton and rubber may decrease in prices amid the political instability in the Middle East, which resulted in the increase in prices for oil as well as the weakening of the demand for raw material from China, the Interfax agency reported referring to analysts of UBS. Referring to UBS the Interfax agency has reported that cotton, rubber and copper may decrease in prices during the next six months due to the increase in prices for oil as well as the weakening of the demand for raw material from China. The primary goods composite index has been increasing for more than six months, which has become the longest rally since May 2004.
