CPM Group sees commodities recovering IN 2009

摘要

New York City-based CPM Group is looking beyond the crashing commodities market to a point where a sharp recovery could begin. The consultancy believes that the smoke hanging over the market will clear within the next six months, and this will help clarify the direction that the market will take for the next two to five years. Currently, the market is plagued by uncertainty about demand, the financing of future supply, and global economic and political conditions. CPM believes that by April, trends driving commodities market fundamentals will have become apparent, including fabrication demand, investment demand and supply.