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Most Commodity Prices are still Advancing

July 03, 2008 - Alex Carrick
Abstract:

Frenzied commodity price increases are being fueled by strong demand for raw materials from China and other emerging nations. At this moment, most commodity prices are still marching upward. For construction, the message is not just one of cost increases. It is also one of opportunity to participate in capacity expansions. The high raw material prices are a tremendous incentive for owners to explore for new reserves, to develop and improve existing operations and to raise investment levels overall.

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